Donnelley Financial Solutions Inc (DFIN) Shares Sold by Fmr LLC

Fmr LLC cut its stake in shares of Donnelley Financial Solutions Inc (NYSE:DFIN) by 27.2% in the 4th quarter, Holdings Channel reports. The firm owned 2,440,683 shares of the company’s stock after selling 911,423 shares during the period. Fmr LLC owned approximately 0.07% of Donnelley Financial Solutions worth $34,242,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Quantamental Technologies LLC bought a new stake in Donnelley Financial Solutions during the fourth quarter valued at approximately $58,000. Bessemer Group Inc. lifted its position in Donnelley Financial Solutions by 7,413.3% during the fourth quarter. Bessemer Group Inc. now owns 9,016 shares of the company’s stock valued at $127,000 after purchasing an additional 8,896 shares during the last quarter. Hancock Whitney Corp bought a new stake in Donnelley Financial Solutions during the fourth quarter valued at approximately $155,000. Metropolitan Life Insurance Co. NY lifted its position in Donnelley Financial Solutions by 368.0% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 11,321 shares of the company’s stock valued at $159,000 after purchasing an additional 8,902 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund bought a new stake in Donnelley Financial Solutions during the fourth quarter valued at approximately $182,000. Institutional investors and hedge funds own 94.67% of the company’s stock.

Several brokerages have issued reports on DFIN. Zacks Investment Research upgraded shares of Donnelley Financial Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday, April 16th. Bank of America lowered shares of Donnelley Financial Solutions from a “neutral” rating to an “underperform” rating and dropped their target price for the company from $19.00 to $16.00 in a research report on Thursday, January 17th. Three analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. Donnelley Financial Solutions has a consensus rating of “Hold” and an average target price of $19.25.

Shares of DFIN opened at $15.56 on Friday. The company has a market capitalization of $530.86 million, a PE ratio of 7.20, a price-to-earnings-growth ratio of 2.37 and a beta of 1.66. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.25 and a quick ratio of 1.19. Donnelley Financial Solutions Inc has a fifty-two week low of $13.15 and a fifty-two week high of $21.44.

Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings data on Wednesday, February 27th. The company reported ($0.03) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.05). The business had revenue of $200.30 million during the quarter, compared to the consensus estimate of $212.17 million. Donnelley Financial Solutions had a return on equity of 36.79% and a net margin of 7.64%. Equities research analysts expect that Donnelley Financial Solutions Inc will post 0.92 earnings per share for the current year.

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About Donnelley Financial Solutions

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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