Donnelley Financial Solutions $DFIN Stock Holdings Lifted by King Luther Capital Management Corp

King Luther Capital Management Corp lifted its holdings in Donnelley Financial Solutions (NYSE:DFIN) by 31.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 72,528 shares of the company’s stock after buying an additional 17,534 shares during the quarter. King Luther Capital Management Corp owned approximately 0.27% of Donnelley Financial Solutions worth $3,386,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in DFIN. Vanguard Group Inc. grew its position in shares of Donnelley Financial Solutions by 2.7% during the third quarter. Vanguard Group Inc. now owns 1,867,233 shares of the company’s stock worth $96,032,000 after acquiring an additional 49,875 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in shares of Donnelley Financial Solutions by 8.0% during the third quarter. Thrivent Financial for Lutherans now owns 1,237,306 shares of the company’s stock worth $63,634,000 after buying an additional 91,494 shares during the period. Simcoe Capital Management LLC boosted its position in shares of Donnelley Financial Solutions by 14.4% during the third quarter. Simcoe Capital Management LLC now owns 1,187,190 shares of the company’s stock worth $61,057,000 after buying an additional 149,455 shares during the period. Shapiro Capital Management LLC boosted its position in shares of Donnelley Financial Solutions by 33.1% during the third quarter. Shapiro Capital Management LLC now owns 711,366 shares of the company’s stock worth $36,586,000 after buying an additional 176,720 shares during the period. Finally, Alliancebernstein L.P. boosted its position in shares of Donnelley Financial Solutions by 1,842.6% during the second quarter. Alliancebernstein L.P. now owns 592,653 shares of the company’s stock worth $36,537,000 after buying an additional 562,144 shares during the period. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Eric J. Johnson sold 20,280 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $50.16, for a total transaction of $1,017,244.80. Following the completion of the sale, the insider directly owned 116,814 shares of the company’s stock, valued at $5,859,390.24. This represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 5.20% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Zacks Research downgraded Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Wall Street Zen downgraded Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, DA Davidson cut their price objective on shares of Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $59.50.

Donnelley Financial Solutions Price Performance

Shares of Donnelley Financial Solutions stock opened at $39.78 on Friday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.59. The company’s 50-day moving average price is $45.81 and its two-hundred day moving average price is $47.37. Donnelley Financial Solutions has a 52 week low of $37.07 and a 52 week high of $66.25. The stock has a market cap of $993.70 million, a PE ratio of 30.84 and a beta of 0.83.

Donnelley Financial Solutions (NYSE:DFIN) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.45 EPS for the quarter, topping the consensus estimate of $1.35 by $0.10. Donnelley Financial Solutions had a net margin of 4.52% and a return on equity of 24.80%. The firm had revenue of $205.50 million for the quarter, compared to analysts’ expectations of $204.80 million. During the same period in the previous year, the business earned $1.24 earnings per share. Donnelley Financial Solutions’s revenue for the quarter was up 2.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Donnelley Financial Solutions will post 4.46 EPS for the current fiscal year.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions (NYSE:DFIN) offers risk and compliance software and managed services designed to help corporations, financial institutions and legal firms meet regulatory and reporting requirements worldwide. Headquartered in Chicago, the company delivers a cloud-based platform for regulatory filings, content automation, virtual data rooms and board communications. Its solutions are tailored to support public companies with SEC, FCA and other global filing obligations, as well as banks, asset managers and credit unions seeking to streamline compliance workflows.

Among DFIN’s flagship products is ActiveDisclosure, a SaaS application that automates the creation, review and filing of disclosure documents.