Donnelley Financial Solutions Inc (NYSE:DFIN) Director Jeffrey Jacobowitz purchased 107,128 shares of the business’s stock in a transaction dated Wednesday, August 21st. The stock was bought at an average cost of $11.36 per share, with a total value of $1,216,974.08. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of DFIN stock traded down $0.71 on Friday, reaching $10.84. The company’s stock had a trading volume of 232,676 shares, compared to its average volume of 155,840. The company has a quick ratio of 1.43, a current ratio of 1.50 and a debt-to-equity ratio of 1.93. Donnelley Financial Solutions Inc has a 12-month low of $10.62 and a 12-month high of $21.44. The company has a market capitalization of $382.10 million, a P/E ratio of 5.02, a PEG ratio of 10.06 and a beta of 1.76. The stock’s 50 day simple moving average is $12.93 and its 200-day simple moving average is $14.12.
Donnelley Financial Solutions (NYSE:DFIN) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.74 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.13. Donnelley Financial Solutions had a return on equity of 26.93% and a net margin of 6.94%. The company had revenue of $258.90 million for the quarter, compared to the consensus estimate of $266.00 million. Research analysts expect that Donnelley Financial Solutions Inc will post 0.87 EPS for the current year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. FMR LLC grew its stake in shares of Donnelley Financial Solutions by 54.5% in the first quarter. FMR LLC now owns 3,771,091 shares of the company’s stock worth $56,114,000 after purchasing an additional 1,330,408 shares during the last quarter. Norges Bank bought a new stake in Donnelley Financial Solutions during the 4th quarter valued at approximately $10,756,000. Keeley Teton Advisors LLC boosted its position in Donnelley Financial Solutions by 76.5% during the 1st quarter. Keeley Teton Advisors LLC now owns 483,996 shares of the company’s stock valued at $7,202,000 after acquiring an additional 209,842 shares in the last quarter. Morgan Stanley boosted its position in Donnelley Financial Solutions by 549.3% during the 2nd quarter. Morgan Stanley now owns 228,648 shares of the company’s stock valued at $3,050,000 after acquiring an additional 193,432 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in Donnelley Financial Solutions during the 2nd quarter valued at approximately $1,600,000. Institutional investors and hedge funds own 93.04% of the company’s stock.
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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