Farther Finance Advisors LLC Has $31,000 Stock Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Farther Finance Advisors LLC increased its position in Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 781.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 476 shares of the company’s stock after acquiring an additional 422 shares during the quarter. Farther Finance Advisors LLC’s holdings in Donnelley Financial Solutions were worth $31,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD increased its stake in shares of Donnelley Financial Solutions by 1,178.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 328,664 shares of the company’s stock valued at $20,381,000 after buying an additional 302,957 shares during the period. American Century Companies Inc. raised its stake in Donnelley Financial Solutions by 15.3% during the second quarter. American Century Companies Inc. now owns 1,152,756 shares of the company’s stock worth $68,727,000 after buying an additional 152,867 shares during the last quarter. Millennium Management LLC boosted its position in Donnelley Financial Solutions by 108.9% during the second quarter. Millennium Management LLC now owns 253,178 shares of the company’s stock valued at $15,094,000 after acquiring an additional 131,994 shares during the last quarter. Burney Co. grew its holdings in Donnelley Financial Solutions by 193.3% during the 2nd quarter. Burney Co. now owns 178,524 shares of the company’s stock worth $10,644,000 after acquiring an additional 117,662 shares during the period. Finally, Mawer Investment Management Ltd. raised its position in shares of Donnelley Financial Solutions by 3.4% in the 2nd quarter. Mawer Investment Management Ltd. now owns 2,111,112 shares of the company’s stock worth $125,864,000 after acquiring an additional 68,908 shares in the last quarter. Institutional investors own 93.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. B. Riley decreased their target price on Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Needham & Company LLC reissued a “buy” rating and set a $79.00 target price on shares of Donnelley Financial Solutions in a research note on Friday, November 1st. Finally, DA Davidson lifted their price target on shares of Donnelley Financial Solutions from $72.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, August 1st.

Insider Buying and Selling

In related news, Director Jeffrey Jacobowitz sold 234,041 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $58.47, for a total transaction of $13,684,377.27. Following the transaction, the director now directly owns 774,165 shares of the company’s stock, valued at approximately $45,265,427.55. This trade represents a 23.21 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Daniel Leib sold 400 shares of Donnelley Financial Solutions stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $70.01, for a total transaction of $28,004.00. Following the transaction, the chief executive officer now directly owns 524,791 shares in the company, valued at $36,740,617.91. This trade represents a 0.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 425,331 shares of company stock valued at $26,738,613. Corporate insiders own 11.90% of the company’s stock.

Donnelley Financial Solutions Trading Down 2.2 %

Shares of DFIN stock opened at $60.89 on Friday. Donnelley Financial Solutions, Inc. has a 12-month low of $55.64 and a 12-month high of $71.01. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.28. The company has a 50 day moving average of $64.83 and a 200-day moving average of $63.28. The firm has a market cap of $1.76 billion, a P/E ratio of 19.04 and a beta of 1.38.

Donnelley Financial Solutions (NYSE:DFIN) last posted its earnings results on Thursday, October 31st. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.28). The business had revenue of $179.50 million during the quarter, compared to analysts’ expectations of $181.55 million. Donnelley Financial Solutions had a return on equity of 22.70% and a net margin of 12.06%. Donnelley Financial Solutions’s revenue for the quarter was down .3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.58 EPS. Sell-side analysts anticipate that Donnelley Financial Solutions, Inc. will post 3.23 earnings per share for the current year.

About Donnelley Financial Solutions

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).