Victory Capital Management Inc. Has $2.18 Million Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Victory Capital Management Inc. lifted its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 15.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 34,782 shares of the company’s stock after purchasing an additional 4,676 shares during the quarter. Victory Capital Management Inc.’s holdings in Donnelley Financial Solutions were worth $2,182,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Principal Securities Inc. grew its holdings in Donnelley Financial Solutions by 1,537.1% in the fourth quarter. Principal Securities Inc. now owns 1,015 shares of the company’s stock worth $64,000 after purchasing an additional 953 shares during the period. Smartleaf Asset Management LLC grew its holdings in Donnelley Financial Solutions by 584.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,156 shares of the company’s stock worth $73,000 after purchasing an additional 987 shares during the period. Point72 DIFC Ltd acquired a new stake in Donnelley Financial Solutions in the third quarter worth $74,000. KBC Group NV grew its holdings in Donnelley Financial Solutions by 52.7% in the fourth quarter. KBC Group NV now owns 1,550 shares of the company’s stock worth $97,000 after purchasing an additional 535 shares during the period. Finally, Atria Investments Inc acquired a new stake in Donnelley Financial Solutions in the third quarter worth $225,000. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have commented on DFIN. DA Davidson reduced their price target on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating for the company in a report on Thursday, February 20th. Needham & Company LLC reduced their price target on shares of Donnelley Financial Solutions from $79.00 to $72.00 and set a “buy” rating for the company in a report on Wednesday, February 19th.

Donnelley Financial Solutions Stock Up 1.4 %

Donnelley Financial Solutions stock opened at $43.91 on Tuesday. Donnelley Financial Solutions, Inc. has a 1-year low of $41.76 and a 1-year high of $71.01. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 14.35 and a beta of 1.44. The firm’s fifty day moving average price is $57.98 and its two-hundred day moving average price is $61.49. The company has a current ratio of 1.04, a quick ratio of 1.15 and a debt-to-equity ratio of 0.29.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Tuesday, February 18th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.22). Donnelley Financial Solutions had a net margin of 11.82% and a return on equity of 20.65%. The business had revenue of $156.30 million during the quarter, compared to the consensus estimate of $169.20 million.

Insider Buying and Selling at Donnelley Financial Solutions

In related news, CEO Daniel Leib sold 25,000 shares of the firm’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $50.14, for a total transaction of $1,253,500.00. Following the transaction, the chief executive officer now directly owns 515,191 shares of the company’s stock, valued at $25,831,676.74. This trade represents a 4.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gary G. Greenfield purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were purchased at an average cost of $48.89 per share, for a total transaction of $48,890.00. Following the completion of the transaction, the director now directly owns 43,128 shares of the company’s stock, valued at $2,108,527.92. This 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 Company 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).