Voloridge Investment Management LLC Boosts Stock Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Voloridge Investment Management LLC grew its holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 66.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,066 shares of the company's stock after acquiring an additional 19,245 shares during the period. Voloridge Investment Management LLC owned 0.17% of Donnelley Financial Solutions worth $3,015,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Price T Rowe Associates Inc. MD grew its stake in Donnelley Financial Solutions by 7.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 595,344 shares of the company's stock valued at $37,347,000 after acquiring an additional 39,980 shares in the last quarter. Northern Trust Corp lifted its position in Donnelley Financial Solutions by 17.2% during the fourth quarter. Northern Trust Corp now owns 545,203 shares of the company's stock valued at $34,201,000 after purchasing an additional 79,848 shares during the last quarter. Frontier Capital Management Co. LLC bought a new position in Donnelley Financial Solutions during the fourth quarter valued at $26,329,000. William Blair Investment Management LLC lifted its position in Donnelley Financial Solutions by 16.7% during the fourth quarter. William Blair Investment Management LLC now owns 375,729 shares of the company's stock valued at $23,569,000 after purchasing an additional 53,665 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Donnelley Financial Solutions by 6.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 373,607 shares of the company's stock valued at $23,436,000 after purchasing an additional 22,195 shares during the last quarter. 93.84% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Donnelley Financial Solutions

In related news, insider Craig Clay sold 11,022 shares of Donnelley Financial Solutions stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $54.03, for a total transaction of $595,518.66. Following the completion of the sale, the insider now owns 143,448 shares in the company, valued at $7,750,495.44. This trade represents a 7.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 4.30% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on DFIN. DA Davidson reiterated a "buy" rating and set a $72.00 price objective on shares of Donnelley Financial Solutions in a research report on Monday, April 14th. Needham & Company LLC reiterated a "buy" rating and set a $72.00 price objective on shares of Donnelley Financial Solutions in a research report on Thursday, May 1st.

Donnelley Financial Solutions Trading Down 1.2%

Shares of Donnelley Financial Solutions stock traded down $0.66 during trading on Friday, hitting $54.35. The stock had a trading volume of 251,889 shares, compared to its average volume of 224,190. The firm's fifty day simple moving average is $47.46 and its 200-day simple moving average is $54.66. The stock has a market cap of $1.50 billion, a PE ratio of 17.76 and a beta of 1.04. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.04 and a quick ratio of 1.15. Donnelley Financial Solutions, Inc. has a 12 month low of $37.80 and a 12 month high of $71.01.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.54. The firm had revenue of $201.10 million during the quarter, compared to analyst estimates of $194.47 million. Donnelley Financial Solutions had a net margin of 11.82% and a return on equity of 20.65%. The business's revenue was down 1.1% on a year-over-year basis. During the same quarter last year, the business earned $0.91 EPS.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions, Inc provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally. It operates through four segments: Capital Markets Software Solutions (CM-SS); Capital Markets Compliance and Communications Management (CM-CCM); Investment Companies Software Solutions (IC-SS); and Investment Companies Compliance and Communications Management (IC-CCM).