Jeffrey Jacobowitz Sells 132,056 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) Director Jeffrey Jacobowitz sold 132,056 shares of the firm’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $63.62, for a total transaction of $8,401,402.72. Following the completion of the sale, the director now owns 2,100,431 shares in the company, valued at $133,629,420.22. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Jeffrey Jacobowitz also recently made the following trade(s):

• On Wednesday, May 8th, Jeffrey Jacobowitz sold 106,093 shares of Donnelley Financial Solutions stock. The stock was sold at an average price of $62.36, for a total value of $6,615,959.48.

Donnelley Financial Solutions Stock Performance

NYSE DFIN traded down $0.17 during trading hours on Wednesday, reaching $62.72. The stock had a trading volume of 279,561 shares, compared to its average volume of 192,325. Donnelley Financial Solutions, Inc. has a 52-week low of $41.74 and a 52-week high of $66.21. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.49 and a current ratio of 1.49. The stock has a market cap of $1.84 billion, a P/E ratio of 19.21 and a beta of 1.49. The stock has a fifty day moving average of $62.37 and a 200 day moving average of $60.74.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Tuesday, February 20th. The company reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.01). The business had revenue of $176.50 million during the quarter, compared to analyst estimates of $169.35 million. Donnelley Financial Solutions had a return on equity of 24.68% and a net margin of 12.43%. The firm’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.36 EPS. Sell-side analysts predict that Donnelley Financial Solutions, Inc. will post 2.93 earnings per share for the current year.

Institutional Investors Weigh In On Donnelley Financial Solutions

Several hedge funds have recently modified their holdings of the company. Quantbot Technologies LP acquired a new position in Donnelley Financial Solutions during the third quarter worth $40,000. USA Financial Formulas acquired a new position in shares of Donnelley Financial Solutions during the 4th quarter worth about $72,000. Bfsg LLC purchased a new position in Donnelley Financial Solutions in the 4th quarter valued at about $109,000. Nkcfo LLC acquired a new stake in Donnelley Financial Solutions in the 3rd quarter worth about $141,000. Finally, Arlington Trust Co LLC acquired a new position in shares of Donnelley Financial Solutions during the fourth quarter valued at approximately $173,000. 93.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DFIN has been the subject of a number of research analyst reports. DA Davidson upgraded Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and increased their price target for the company from $60.00 to $72.00 in a research note on Friday, April 12th. B. Riley boosted their target price on shares of Donnelley Financial Solutions from $66.00 to $72.00 and gave the stock a “buy” rating in a research report on Thursday, April 25th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $72.00 price objective on shares of Donnelley Financial Solutions in a research note on Wednesday, May 1st.

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).