Inspire Investing LLC Acquires 177 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Inspire Investing LLC raised its holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 2.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,413 shares of the company’s stock after buying an additional 177 shares during the quarter. Inspire Investing LLC’s holdings in Donnelley Financial Solutions were worth $402,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in DFIN. Farther Finance Advisors LLC boosted its holdings in Donnelley Financial Solutions by 781.5% in the third quarter. Farther Finance Advisors LLC now owns 476 shares of the company’s stock valued at $31,000 after acquiring an additional 422 shares in the last quarter. Quarry LP raised its stake in Donnelley Financial Solutions by 492.9% in the second quarter. Quarry LP now owns 747 shares of the company’s stock worth $45,000 after buying an additional 621 shares in the last quarter. Point72 DIFC Ltd purchased a new stake in Donnelley Financial Solutions in the third quarter worth about $74,000. Atria Investments Inc bought a new stake in Donnelley Financial Solutions during the 3rd quarter valued at approximately $225,000. Finally, Aigen Investment Management LP purchased a new position in shares of Donnelley Financial Solutions during the 3rd quarter worth approximately $248,000. 93.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DFIN has been the topic of several research reports. B. Riley dropped their price target on Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Needham & Company LLC restated a “buy” rating and set a $79.00 target price on shares of Donnelley Financial Solutions in a report on Wednesday, January 15th.

Donnelley Financial Solutions Stock Up 0.8 %

DFIN stock opened at $67.10 on Friday. The business has a 50 day moving average of $61.30 and a 200 day moving average of $63.57. The firm has a market cap of $1.94 billion, a PE ratio of 20.97 and a beta of 1.38. Donnelley Financial Solutions, Inc. has a twelve month low of $56.02 and a twelve month high of $71.01. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.28.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.28). Donnelley Financial Solutions had a return on equity of 22.70% and a net margin of 12.06%. The company had revenue of $179.50 million during the quarter, compared to analysts’ expectations of $181.55 million. During the same period in the prior year, the firm earned $0.58 EPS. Donnelley Financial Solutions’s revenue for the quarter was down .3% compared to the same quarter last year.

Insider Transactions at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, CFO David A. Gardella sold 3,000 shares of Donnelley Financial Solutions stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $62.68, for a total value of $188,040.00. Following the completion of the sale, the chief financial officer now owns 197,406 shares of the company’s stock, valued at approximately $12,373,408.08. The trade was a 1.50 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jeffrey Jacobowitz sold 234,041 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $58.47, for a total value of $13,684,377.27. Following the transaction, the director now directly owns 774,165 shares in the company, valued at $45,265,427.55. The trade was a 23.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.90% of the company’s stock.

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).