Dimensional Fund Advisors LP Trims Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Dimensional Fund Advisors LP decreased its stake in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 1.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 879,455 shares of the company’s stock after selling 16,930 shares during the period. Dimensional Fund Advisors LP owned 3.05% of Donnelley Financial Solutions worth $55,169,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. First Trust Advisors LP lifted its holdings in shares of Donnelley Financial Solutions by 5.1% in the fourth quarter. First Trust Advisors LP now owns 37,637 shares of the company’s stock worth $2,361,000 after buying an additional 1,837 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its stake in Donnelley Financial Solutions by 2.8% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 36,830 shares of the company’s stock worth $2,306,000 after purchasing an additional 994 shares in the last quarter. Gamco Investors INC. ET AL boosted its holdings in Donnelley Financial Solutions by 5.6% in the 4th quarter. Gamco Investors INC. ET AL now owns 13,775 shares of the company’s stock valued at $864,000 after purchasing an additional 725 shares during the period. Granite Investment Partners LLC grew its position in shares of Donnelley Financial Solutions by 21.1% during the 4th quarter. Granite Investment Partners LLC now owns 187,794 shares of the company’s stock valued at $11,780,000 after purchasing an additional 32,747 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Donnelley Financial Solutions by 328.9% in the fourth quarter. Renaissance Technologies LLC now owns 16,300 shares of the company’s stock worth $1,022,000 after purchasing an additional 12,500 shares during the period. Institutional investors own 93.84% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. DA Davidson reissued a “buy” rating and set a $72.00 price objective on shares of Donnelley Financial Solutions in a research note on Monday, April 14th. Needham & Company LLC reissued a “buy” rating and set a $72.00 price objective on shares of Donnelley Financial Solutions in a report on Thursday.

Insiders Place Their Bets

In other news, CEO Daniel Leib sold 25,000 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $50.14, for a total value of $1,253,500.00. Following the completion of the sale, the chief executive officer now owns 515,191 shares of the company’s stock, valued at approximately $25,831,676.74. The trade was a 4.63 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gary G. Greenfield purchased 1,000 shares of the firm’s stock in a transaction on Friday, February 21st. The stock was bought at an average cost of $48.89 per share, for a total transaction of $48,890.00. Following the completion of the purchase, the director now directly owns 43,128 shares in the company, valued at approximately $2,108,527.92. This trade represents a 2.37 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 11.90% of the company’s stock.

Donnelley Financial Solutions Stock Up 3.3 %

Shares of NYSE:DFIN opened at $52.37 on Friday. The firm has a market capitalization of $1.49 billion, a PE ratio of 17.11 and a beta of 1.23. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.15 and a current ratio of 1.04. Donnelley Financial Solutions, Inc. has a 52-week low of $37.80 and a 52-week high of $71.01. The firm has a fifty day moving average of $44.28 and a 200 day moving average of $55.76.

Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $1.24 EPS for the quarter, beating the consensus estimate of $0.70 by $0.54. The firm had revenue of $201.10 million for the quarter, compared to analyst estimates of $194.47 million. Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%. The company’s revenue was down 1.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.91 EPS.

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).