Seizert Capital Partners LLC Reduces Stock Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Seizert Capital Partners LLC reduced its stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 30.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,296 shares of the company’s stock after selling 22,939 shares during the period. Seizert Capital Partners LLC owned 0.18% of Donnelley Financial Solutions worth $3,218,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd increased its stake in Donnelley Financial Solutions by 106.5% in the third quarter. Dynamic Technology Lab Private Ltd now owns 17,836 shares of the company’s stock valued at $1,174,000 after purchasing an additional 9,197 shares during the last quarter. Choreo LLC acquired a new stake in shares of Donnelley Financial Solutions in the fourth quarter valued at approximately $265,000. World Investment Advisors LLC acquired a new stake in shares of Donnelley Financial Solutions during the third quarter worth $719,000. Harbor Capital Advisors Inc. acquired a new stake in shares of Donnelley Financial Solutions during the fourth quarter worth $2,264,000. Finally, Jane Street Group LLC lifted its holdings in shares of Donnelley Financial Solutions by 608.0% during the third quarter. Jane Street Group LLC now owns 66,931 shares of the company’s stock worth $4,406,000 after purchasing an additional 57,477 shares during the period. 93.84% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CFO David A. Gardella sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $62.68, for a total value of $188,040.00. Following the completion of the sale, the chief financial officer now directly owns 197,406 shares in the company, valued at approximately $12,373,408.08. The trade was a 1.50 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Daniel Leib sold 25,000 shares of the business’s stock in a transaction that occurred on 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 owns 515,191 shares of the company’s stock, valued at $25,831,676.74. This trade represents a 4.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 11.90% of the stock is owned by company insiders.

Donnelley Financial Solutions Stock Performance

Donnelley Financial Solutions stock opened at $46.21 on Wednesday. The stock’s 50 day moving average price is $60.99 and its 200 day moving average price is $62.77. The firm has a market capitalization of $1.32 billion, a PE ratio of 15.10 and a beta of 1.44. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.15 and a current ratio of 1.04. Donnelley Financial Solutions, Inc. has a one year low of $46.10 and a one year high of $71.01.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings results on Tuesday, February 18th. The company reported $0.26 EPS for the quarter, missing the consensus estimate 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.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on DFIN shares. DA Davidson decreased their price target on Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating for the company in a report on Thursday, February 20th. Needham & Company LLC reduced their target price on Donnelley Financial Solutions from $79.00 to $72.00 and set a “buy” rating for the company in a report on Wednesday, February 19th. Finally, B. Riley reduced their target price on Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating for the company in a report on Tuesday, November 5th.

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).