Louisiana State Employees Retirement System Has $142,000 Stock Holdings in Donnelley Financial Solutions Inc (NYSE:DFIN)

Louisiana State Employees Retirement System cut its holdings in Donnelley Financial Solutions Inc (NYSE:DFIN) by 9.4% in the third quarter, Holdings Channel.com reports. The fund owned 11,500 shares of the company’s stock after selling 1,200 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Donnelley Financial Solutions were worth $142,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Aperio Group LLC acquired a new stake in Donnelley Financial Solutions in the second quarter valued at approximately $141,000. Cubist Systematic Strategies LLC acquired a new stake in Donnelley Financial Solutions in the second quarter valued at approximately $243,000. 6 Meridian lifted its stake in Donnelley Financial Solutions by 46.8% in the third quarter. 6 Meridian now owns 19,748 shares of the company’s stock valued at $243,000 after acquiring an additional 6,299 shares during the last quarter. AlphaOne Investment Services LLC lifted its stake in shares of Donnelley Financial Solutions by 192.2% in the second quarter. AlphaOne Investment Services LLC now owns 18,299 shares of the company’s stock worth $244,000 after buying an additional 12,037 shares during the last quarter. Finally, State of Alaska Department of Revenue lifted its stake in shares of Donnelley Financial Solutions by 105.6% in the third quarter. State of Alaska Department of Revenue now owns 23,979 shares of the company’s stock worth $295,000 after buying an additional 12,315 shares during the last quarter. Hedge funds and other institutional investors own 93.56% of the company’s stock.

In other news, Director Jeffrey Jacobowitz acquired 107,128 shares of Donnelley Financial Solutions stock in a transaction dated Wednesday, August 21st. The stock was acquired at an average cost of $11.36 per share, for a total transaction of $1,216,974.08. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 9.63% of the stock is currently owned by insiders.

A number of analysts have recently weighed in on DFIN shares. B. Riley started coverage on shares of Donnelley Financial Solutions in a research note on Wednesday, October 16th. They issued a “buy” rating and a $16.00 price objective for the company. ValuEngine cut shares of Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday. Zacks Investment Research upgraded shares of Donnelley Financial Solutions from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research note on Wednesday. TheStreet upgraded shares of Donnelley Financial Solutions from a “d+” rating to a “c” rating in a research note on Monday, September 23rd. Finally, DA Davidson reduced their price objective on shares of Donnelley Financial Solutions from $25.00 to $21.00 and set a “buy” rating for the company in a research note on Tuesday, October 22nd. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $16.00.

Shares of Donnelley Financial Solutions stock opened at $9.56 on Thursday. The firm has a fifty day simple moving average of $11.19 and a 200-day simple moving average of $12.61. The company has a current ratio of 1.50, a quick ratio of 1.43 and a debt-to-equity ratio of 1.93. Donnelley Financial Solutions Inc has a 1-year low of $9.24 and a 1-year high of $18.00. The stock has a market capitalization of $392.05 million, a price-to-earnings ratio of 4.43, a PEG ratio of 11.83 and a beta of 1.86.

Donnelley Financial Solutions Profile

Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company in the United States, Europe, Asia, Canada, and Latin America. The Company provides regulatory filing and deal solutions through its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms to serve their regulatory and compliance needs.

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Institutional Ownership by Quarter for Donnelley Financial Solutions (NYSE:DFIN)

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