Mawer Investment Management Ltd. Has $86.34 Million Stock Position in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Mawer Investment Management Ltd. lifted its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 38.4% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,384,369 shares of the company's stock after buying an additional 383,828 shares during the period. Mawer Investment Management Ltd. owned 4.76% of Donnelley Financial Solutions worth $86,343,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of DFIN. American Century Companies Inc. lifted its holdings in shares of Donnelley Financial Solutions by 1.5% during the 3rd quarter. American Century Companies Inc. now owns 982,113 shares of the company's stock worth $55,273,000 after acquiring an additional 14,621 shares during the period. Invesco Ltd. raised its stake in Donnelley Financial Solutions by 207.4% during the third quarter. Invesco Ltd. now owns 753,883 shares of the company's stock worth $42,429,000 after purchasing an additional 508,638 shares during the period. Boston Trust Walden Corp raised its stake in Donnelley Financial Solutions by 52.0% during the fourth quarter. Boston Trust Walden Corp now owns 696,982 shares of the company's stock worth $43,471,000 after purchasing an additional 238,489 shares during the period. William Blair Investment Management LLC boosted its holdings in shares of Donnelley Financial Solutions by 2.8% in the 3rd quarter. William Blair Investment Management LLC now owns 522,002 shares of the company's stock valued at $29,378,000 after purchasing an additional 14,296 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Donnelley Financial Solutions by 0.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 328,050 shares of the company's stock valued at $20,460,000 after buying an additional 1,321 shares during the period. Institutional investors and hedge funds own 93.84% of the company's stock.

Insider Activity at Donnelley Financial Solutions

In other news, Director Luis A. Aguilar sold 3,047 shares of the business's stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $63.84, for a total transaction of $194,520.48. Following the completion of the transaction, the director now directly owns 58,594 shares in the company, valued at $3,740,640.96. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director Luis A. Aguilar sold 3,047 shares of Donnelley Financial Solutions stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $63.84, for a total transaction of $194,520.48. Following the sale, the director now directly owns 58,594 shares in the company, valued at $3,740,640.96. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Daniel Leib sold 33,122 shares of the stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $64.37, for a total transaction of $2,132,063.14. Following the completion of the transaction, the chief executive officer now owns 524,352 shares of the company's stock, valued at approximately $33,752,538.24. The disclosure for this sale can be found here. Insiders have sold a total of 299,100 shares of company stock worth $18,933,489 in the last ninety days. 11.90% of the stock is owned by insiders.

Donnelley Financial Solutions Stock Performance

DFIN traded down $0.61 during trading hours on Friday, hitting $61.68. 147,327 shares of the stock were exchanged, compared to its average volume of 222,273. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.49 and a quick ratio of 1.49. Donnelley Financial Solutions, Inc. has a 12 month low of $41.98 and a 12 month high of $66.21. The stock has a 50-day simple moving average of $62.26 and a 200-day simple moving average of $60.90. The stock has a market cap of $1.81 billion, a price-to-earnings ratio of 18.80 and a beta of 1.49.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last issued its earnings results on Tuesday, February 20th. The company reported $0.61 EPS for the quarter, missing analysts' consensus estimates of $0.62 by ($0.01). The company had revenue of $176.50 million during the quarter, compared to analyst estimates of $169.35 million. Donnelley Financial Solutions had a net margin of 12.43% and a return on equity of 24.68%. The business's revenue was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.36 earnings per share. Analysts anticipate that Donnelley Financial Solutions, Inc. will post 3.31 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Needham & Company LLC reiterated a "buy" rating and set a $72.00 price objective on shares of Donnelley Financial Solutions in a research note on Wednesday, May 1st. DA Davidson raised shares of Donnelley Financial Solutions from a "neutral" rating to a "buy" rating and upped their price target for the stock from $60.00 to $72.00 in a research report on Friday, April 12th. Finally, B. Riley increased their price target on Donnelley Financial Solutions from $66.00 to $72.00 and gave the company a "buy" rating in a report on Thursday, April 25th.

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).