Schonfeld Strategic Advisors LLC Cuts Stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Schonfeld Strategic Advisors LLC cut its stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 64.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,670 shares of the company's stock after selling 8,300 shares during the period. Schonfeld Strategic Advisors LLC's holdings in Donnelley Financial Solutions were worth $293,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Huntington National Bank increased its holdings in Donnelley Financial Solutions by 20.7% in the 4th quarter. Huntington National Bank now owns 910 shares of the company's stock worth $57,000 after acquiring an additional 156 shares in the last quarter. Inspire Investing LLC increased its holdings in Donnelley Financial Solutions by 2.8% in the 4th quarter. Inspire Investing LLC now owns 6,413 shares of the company's stock worth $402,000 after acquiring an additional 177 shares in the last quarter. New York State Teachers Retirement System increased its holdings in Donnelley Financial Solutions by 0.4% in the 4th quarter. New York State Teachers Retirement System now owns 52,025 shares of the company's stock worth $3,264,000 after acquiring an additional 182 shares in the last quarter. Sanctuary Advisors LLC increased its holdings in Donnelley Financial Solutions by 3.6% in the 4th quarter. Sanctuary Advisors LLC now owns 11,214 shares of the company's stock worth $752,000 after acquiring an additional 387 shares in the last quarter. Finally, KBC Group NV grew its holdings in shares of Donnelley Financial Solutions by 52.7% during the fourth quarter. KBC Group NV now owns 1,550 shares of the company's stock worth $97,000 after buying an additional 535 shares in the last quarter. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Donnelley Financial Solutions

In related news, CEO Daniel Leib sold 25,000 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $50.14, for a total transaction of $1,253,500.00. Following the completion of the sale, the chief executive officer now directly owns 515,191 shares of the company's stock, valued at $25,831,676.74. This trade represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gary G. Greenfield bought 1,000 shares of the firm's stock in a transaction on Friday, February 21st. The shares were bought at an average price of $48.89 per share, for a total transaction of $48,890.00. Following the completion of the transaction, the director now directly owns 43,128 shares in the company, valued at approximately $2,108,527.92. This represents a 2.37% increase in their position. The disclosure for this purchase can be found here. Insiders own 4.30% of the company's stock.

Analyst Ratings Changes

DFIN has been the subject of a number of research reports. DA Davidson reaffirmed a "buy" rating and set a $72.00 target price on shares of Donnelley Financial Solutions in a report on Monday, April 14th. Needham & Company LLC reaffirmed a "buy" rating and issued a $72.00 target price on shares of Donnelley Financial Solutions in a report on Thursday, May 1st.

Donnelley Financial Solutions Stock Performance

Shares of DFIN traded down $0.02 during mid-day trading on Friday, reaching $55.22. 185,190 shares of the company's stock were exchanged, compared to its average volume of 221,217. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.04 and a quick ratio of 1.15. The stock has a market capitalization of $1.53 billion, a PE ratio of 18.05 and a beta of 1.04. The business's fifty day simple moving average is $45.58 and its 200-day simple moving average is $54.92. Donnelley Financial Solutions, Inc. has a 52-week low of $37.80 and a 52-week high of $71.01.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.70 by $0.54. The business had revenue of $201.10 million for 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 company's revenue for the quarter was down 1.1% compared to the same quarter last year. During the same period last year, the firm posted $0.91 earnings per share.

Donnelley Financial Solutions 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).