Access Investment Management LLC Buys 270 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Access Investment Management LLC grew its stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 0.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 218,845 shares of the company’s stock after buying an additional 270 shares during the quarter. Donnelley Financial Solutions accounts for 4.0% of Access Investment Management LLC’s holdings, making the stock its 6th biggest position. Access Investment Management LLC’s holdings in Donnelley Financial Solutions were worth $13,728,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in DFIN. Jane Street Group LLC lifted its stake in Donnelley Financial Solutions by 608.0% in the 3rd quarter. Jane Street Group LLC now owns 66,931 shares of the company’s stock valued at $4,406,000 after acquiring an additional 57,477 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Donnelley Financial Solutions by 11.3% in the third quarter. JPMorgan Chase & Co. now owns 454,284 shares of the company’s stock valued at $29,906,000 after purchasing an additional 46,273 shares during the last quarter. Harbor Capital Advisors Inc. bought a new stake in shares of Donnelley Financial Solutions in the fourth quarter worth $2,264,000. Rice Hall James & Associates LLC boosted its holdings in Donnelley Financial Solutions by 2.8% during the third quarter. Rice Hall James & Associates LLC now owns 899,567 shares of the company’s stock worth $59,218,000 after purchasing an additional 24,869 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Donnelley Financial Solutions by 16.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 159,590 shares of the company’s stock worth $10,506,000 after purchasing an additional 22,390 shares during the last quarter. Institutional investors own 93.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on DFIN. DA Davidson cut their price target on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating on the stock in a research report on Thursday. B. Riley dropped their target price on Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Finally, Needham & Company LLC reduced their price target on Donnelley Financial Solutions from $79.00 to $72.00 and set a “buy” rating for the company in a research report on Wednesday.

Donnelley Financial Solutions Stock Performance

NYSE DFIN opened at $48.51 on Friday. The firm has a market capitalization of $1.39 billion, a P/E ratio of 15.85 and a beta of 1.36. The company has a current ratio of 1.04, a quick ratio of 1.15 and a debt-to-equity ratio of 0.29. The firm’s fifty day moving average price is $62.46 and its two-hundred day moving average price is $63.36. Donnelley Financial Solutions, Inc. has a 1 year low of $47.94 and a 1 year high of $71.01.

Donnelley Financial Solutions (NYSE:DFIN) last issued its earnings results on Tuesday, February 18th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.22). Donnelley Financial Solutions had a net margin of 11.82% and a return on equity of 20.65%. The firm had revenue of $156.30 million during the quarter, compared to the consensus estimate of $169.20 million.

Insider Buying and Selling at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, CFO David A. Gardella sold 3,000 shares of the company’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $62.68, for a total value of $188,040.00. Following the transaction, the chief financial officer now directly owns 197,406 shares in the company, valued at $12,373,408.08. The trade was a 1.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 11.90% of the company’s stock.

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).