Donnelley Financial Solutions $DFIN Shares Acquired by William Blair Investment Management LLC

William Blair Investment Management LLC grew its position in Donnelley Financial Solutions (NYSE:DFIN) by 8.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 518,833 shares of the company’s stock after acquiring an additional 40,968 shares during the quarter. William Blair Investment Management LLC owned about 1.95% of Donnelley Financial Solutions worth $24,224,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Donnelley Financial Solutions in the third quarter valued at approximately $52,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Donnelley Financial Solutions during the fourth quarter worth approximately $70,000. LSV Asset Management purchased a new stake in shares of Donnelley Financial Solutions during the third quarter worth approximately $87,000. BNP Paribas Financial Markets raised its stake in shares of Donnelley Financial Solutions by 64.0% during the second quarter. BNP Paribas Financial Markets now owns 2,973 shares of the company’s stock worth $183,000 after purchasing an additional 1,160 shares during the last quarter. Finally, Vestcor Inc purchased a new stake in shares of Donnelley Financial Solutions during the third quarter worth approximately $160,000. 93.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on DFIN shares. DA Davidson cut their price target on Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Zacks Research cut Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Wall Street Zen cut Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $59.50.

Donnelley Financial Solutions Price Performance

Donnelley Financial Solutions stock opened at $39.20 on Tuesday. Donnelley Financial Solutions has a 12 month low of $37.07 and a 12 month high of $66.25. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.41 and a quick ratio of 1.41. The business has a 50 day simple moving average of $46.35 and a 200-day simple moving average of $47.50. The stock has a market capitalization of $979.14 million, a PE ratio of 30.39 and a beta of 0.83.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.45 EPS for the quarter, topping the consensus estimate of $1.35 by $0.10. The business had revenue of $205.50 million during the quarter, compared to analysts’ expectations of $204.80 million. Donnelley Financial Solutions had a return on equity of 24.80% and a net margin of 4.52%.The company’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.24 earnings per share. Equities analysts predict that Donnelley Financial Solutions will post 4.46 earnings per share for the current year.

Insider Transactions at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, insider Eric J. Johnson sold 20,280 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $50.16, for a total value of $1,017,244.80. Following the completion of the transaction, the insider owned 116,814 shares in the company, valued at approximately $5,859,390.24. This represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 5.20% of the company’s stock.

Donnelley Financial Solutions Profile

Donnelley Financial Solutions (NYSE:DFIN) offers risk and compliance software and managed services designed to help corporations, financial institutions and legal firms meet regulatory and reporting requirements worldwide. Headquartered in Chicago, the company delivers a cloud-based platform for regulatory filings, content automation, virtual data rooms and board communications. Its solutions are tailored to support public companies with SEC, FCA and other global filing obligations, as well as banks, asset managers and credit unions seeking to streamline compliance workflows.

Among DFIN’s flagship products is ActiveDisclosure, a SaaS application that automates the creation, review and filing of disclosure documents.