Level Four Advisory Services LLC Reduces Stock Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Level Four Advisory Services LLC lessened its holdings in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 20.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,427 shares of the company’s stock after selling 1,106 shares during the period. Level Four Advisory Services LLC’s holdings in Donnelley Financial Solutions were worth $278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its stake in shares of Donnelley Financial Solutions by 6.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 351,412 shares of the company’s stock valued at $23,133,000 after buying an additional 19,740 shares during the last quarter. Public Sector Pension Investment Board raised its position in Donnelley Financial Solutions by 3.5% during the third quarter. Public Sector Pension Investment Board now owns 56,684 shares of the company’s stock valued at $3,732,000 after acquiring an additional 1,900 shares in the last quarter. Point72 Asset Management L.P. lifted its holdings in Donnelley Financial Solutions by 66.1% in the third quarter. Point72 Asset Management L.P. now owns 7,892 shares of the company’s stock valued at $520,000 after acquiring an additional 3,141 shares during the period. Point72 DIFC Ltd acquired a new position in Donnelley Financial Solutions in the third quarter valued at approximately $74,000. Finally, Stifel Financial Corp grew its stake in shares of Donnelley Financial Solutions by 108.0% during the 3rd quarter. Stifel Financial Corp now owns 11,091 shares of the company’s stock worth $730,000 after purchasing an additional 5,759 shares during the period. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DFIN has been the subject of several analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $72.00 target price on shares of Donnelley Financial Solutions in a research note on Friday, March 28th. DA Davidson lowered their target price on shares of 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 Trading Up 0.6 %

Shares of DFIN stock opened at $43.96 on Wednesday. Donnelley Financial Solutions, Inc. has a 1-year low of $41.76 and a 1-year high of $71.01. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 14.37 and a beta of 1.44. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.04 and a quick ratio of 1.15. The stock has a 50 day simple moving average of $54.58 and a 200-day simple moving average of $59.84.

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

Insider Activity at Donnelley Financial Solutions

In other news, CEO Daniel Leib sold 25,000 shares of the stock in a transaction dated 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 sale, the chief executive officer now directly owns 515,191 shares in the company, valued at $25,831,676.74. This represents a 4.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Gary G. Greenfield purchased 1,000 shares of the firm’s stock in a transaction dated Friday, February 21st. The stock was acquired at an average cost of $48.89 per share, for a total transaction of $48,890.00. Following the completion of the purchase, the director now owns 43,128 shares of the company’s stock, valued at approximately $2,108,527.92. This 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.

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).