Inspire Investing LLC Boosts Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

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

Other institutional investors have also added to or reduced their stakes in the company. Millennium Management LLC increased its stake in shares of Donnelley Financial Solutions by 108.9% in the 2nd quarter. Millennium Management LLC now owns 253,178 shares of the company’s stock worth $15,094,000 after purchasing an additional 131,994 shares in the last quarter. Jane Street Group LLC increased its position in Donnelley Financial Solutions by 608.0% in the third quarter. Jane Street Group LLC now owns 66,931 shares of the company’s stock worth $4,406,000 after buying an additional 57,477 shares in the last quarter. Cubist Systematic Strategies LLC raised its stake in shares of Donnelley Financial Solutions by 324.9% in the second quarter. Cubist Systematic Strategies LLC now owns 64,743 shares of the company’s stock worth $3,860,000 after buying an additional 49,506 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Donnelley Financial Solutions by 11.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 454,284 shares of the company’s stock valued at $29,906,000 after buying an additional 46,273 shares in the last quarter. Finally, Harbor Capital Advisors Inc. bought a new position in shares of Donnelley Financial Solutions during the 4th quarter valued at approximately $2,264,000. 93.84% of the stock is currently owned by institutional investors.

Insider Activity

In other Donnelley Financial Solutions news, Director Jeffrey Jacobowitz sold 234,041 shares of Donnelley Financial Solutions stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $58.47, for a total transaction of $13,684,377.27. Following the completion of the transaction, the director now directly owns 774,165 shares of the company’s stock, valued at $45,265,427.55. The trade was a 23.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO David A. Gardella sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $62.68, for a total transaction 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 $12,373,408.08. This trade represents a 1.50 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 11.90% of the company’s stock.

Donnelley Financial Solutions Stock Up 0.8 %

NYSE DFIN opened at $67.10 on Friday. Donnelley Financial Solutions, Inc. has a 12 month low of $56.02 and a 12 month high of $71.01. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.28. The stock has a market cap of $1.94 billion, a PE ratio of 20.97 and a beta of 1.38. The stock’s 50 day moving average is $61.30 and its 200 day moving average is $63.57.

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

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. B. Riley decreased their target price on shares of Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating on the stock in a research note 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 research note on Wednesday, January 15th.

About Donnelley Financial Solutions

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).