Public Employees Retirement Association of Colorado Reduces Stock Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Public Employees Retirement Association of Colorado cut its holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 4.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,840 shares of the company’s stock after selling 166 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Donnelley Financial Solutions were worth $229,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. CWM LLC lifted its holdings in shares of Donnelley Financial Solutions by 72.3% in the second quarter. CWM LLC now owns 472 shares of the company’s stock valued at $28,000 after purchasing an additional 198 shares in the last quarter. nVerses Capital LLC acquired a new position in Donnelley Financial Solutions in the 2nd quarter valued at about $48,000. Quest Partners LLC acquired a new position in shares of Donnelley Financial Solutions in the second quarter valued at approximately $197,000. Caprock Group LLC purchased a new position in shares of Donnelley Financial Solutions during the second quarter valued at approximately $201,000. Finally, Entropy Technologies LP acquired a new stake in Donnelley Financial Solutions during the first quarter worth approximately $209,000. 93.84% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Donnelley Financial Solutions

In other news, insider Craig Clay sold 400 shares of the stock in a transaction on Thursday, July 18th. The shares were sold at an average price of $66.10, for a total value of $26,440.00. Following the completion of the sale, the insider now owns 148,348 shares of the company’s stock, valued at $9,805,802.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Craig Clay sold 400 shares of the company’s stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $66.10, for a total value of $26,440.00. Following the completion of the sale, the insider now owns 148,348 shares of the company’s stock, valued at $9,805,802.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Eric J. Johnson sold 8,823 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $62.77, for a total value of $553,819.71. Following the completion of the transaction, the insider now owns 124,186 shares of the company’s stock, valued at approximately $7,795,155.22. The disclosure for this sale can be found here. Insiders have sold a total of 213,744 shares of company stock valued at $14,512,108 over the last ninety days. Corporate insiders own 11.90% of the company’s stock.

Donnelley Financial Solutions Stock Up 0.2 %

Shares of DFIN opened at $65.62 on Friday. Donnelley Financial Solutions, Inc. has a fifty-two week low of $51.06 and a fifty-two week high of $71.01. The company’s fifty day moving average is $65.98 and its two-hundred day moving average is $62.84. The firm has a market cap of $1.92 billion, a PE ratio of 20.01 and a beta of 1.36. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.41.

Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $1.50 EPS for the quarter, topping the consensus estimate of $1.42 by $0.08. The company had revenue of $242.70 million during the quarter, compared to analyst estimates of $247.70 million. Donnelley Financial Solutions had a return on equity of 25.45% and a net margin of 13.22%. Analysts forecast that Donnelley Financial Solutions, Inc. will post 3.02 earnings per share for the current year.

Analyst Upgrades and Downgrades

DFIN has been the topic of a number of recent analyst reports. Needham & Company LLC reissued a “buy” rating and set a $79.00 price target on shares of Donnelley Financial Solutions in a research note on Friday. DA Davidson raised their price target on Donnelley Financial Solutions from $72.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st.

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).