Donnelley Financial Solutions, Inc. (NYSE:DFIN) Shares Acquired by Bridge City Capital LLC

Bridge City Capital LLC lifted its stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 56.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 48,160 shares of the company’s stock after purchasing an additional 17,463 shares during the quarter. Bridge City Capital LLC’s holdings in Donnelley Financial Solutions were worth $3,021,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DFIN. Raymond James Financial Inc. purchased a new stake in Donnelley Financial Solutions in the 4th quarter valued at $10,373,000. Jane Street Group LLC increased its position in Donnelley Financial Solutions by 608.0% during the third quarter. Jane Street Group LLC now owns 66,931 shares of the company’s stock worth $4,406,000 after purchasing an additional 57,477 shares during the last quarter. William Blair Investment Management LLC raised its stake in Donnelley Financial Solutions by 16.7% during the fourth quarter. William Blair Investment Management LLC now owns 375,729 shares of the company’s stock worth $23,569,000 after purchasing an additional 53,665 shares during the period. JPMorgan Chase & Co. raised its stake in Donnelley Financial Solutions by 11.3% during the third quarter. JPMorgan Chase & Co. now owns 454,284 shares of the company’s stock worth $29,906,000 after purchasing an additional 46,273 shares during the period. Finally, Harbor Capital Advisors Inc. purchased a new stake in shares of Donnelley Financial Solutions in the 4th quarter valued at approximately $2,264,000. Institutional investors and hedge funds own 93.84% of the company’s stock.

Donnelley Financial Solutions Stock Performance

NYSE:DFIN opened at $44.63 on Friday. Donnelley Financial Solutions, Inc. has a fifty-two week low of $41.76 and a fifty-two week high of $71.01. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.15 and a current ratio of 1.04. The company has a 50 day moving average price of $56.56 and a 200 day moving average price of $60.76. The stock has a market capitalization of $1.28 billion, a P/E ratio of 14.59 and a beta of 1.44.

Donnelley Financial Solutions (NYSE:DFIN) last issued 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). The firm had revenue of $156.30 million during the quarter, compared to analyst estimates of $169.20 million. Donnelley Financial Solutions had a net margin of 11.82% and a return on equity of 20.65%.

Insider Buying and Selling at Donnelley Financial Solutions

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

Analyst Ratings Changes

DFIN has been the topic of several analyst reports. Needham & Company LLC reduced their price target on shares of Donnelley Financial Solutions from $79.00 to $72.00 and set a “buy” rating on the stock in a research report on Wednesday, February 19th. DA Davidson decreased their price target on Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th.

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).