Mcclain Value Management LLC Purchases 15,094 Shares of Donnelley Financial Solutions Inc (NYSE:DFIN)

Mcclain Value Management LLC raised its position in Donnelley Financial Solutions Inc (NYSE:DFIN) by 9.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 183,469 shares of the company’s stock after purchasing an additional 15,094 shares during the period. Donnelley Financial Solutions accounts for 2.9% of Mcclain Value Management LLC’s investment portfolio, making the stock its 18th biggest position. Mcclain Value Management LLC owned about 0.53% of Donnelley Financial Solutions worth $2,260,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Aperio Group LLC purchased a new stake in shares of Donnelley Financial Solutions during the 2nd quarter valued at $141,000. State of Tennessee Treasury Department raised its position in shares of Donnelley Financial Solutions by 8.5% during the 3rd quarter. State of Tennessee Treasury Department now owns 14,515 shares of the company’s stock valued at $179,000 after buying an additional 1,141 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Donnelley Financial Solutions during the 2nd quarter valued at $243,000. 6 Meridian raised its position in shares of Donnelley Financial Solutions by 46.8% during the 3rd quarter. 6 Meridian now owns 19,748 shares of the company’s stock valued at $243,000 after buying an additional 6,299 shares in the last quarter. Finally, AlphaOne Investment Services LLC raised its position in shares of Donnelley Financial Solutions by 192.2% during the 2nd quarter. AlphaOne Investment Services LLC now owns 18,299 shares of the company’s stock valued at $244,000 after buying an additional 12,037 shares in the last quarter. 93.56% of the stock is owned by hedge funds and other institutional investors.

Several research firms have recently weighed in on DFIN. ValuEngine cut shares of Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday. TheStreet upgraded shares of Donnelley Financial Solutions from a “d+” rating to a “c” rating in a research report on Monday, September 23rd. Zacks Investment Research upgraded shares of Donnelley Financial Solutions from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a research report on Wednesday. DA Davidson lowered their price objective on shares of Donnelley Financial Solutions from $25.00 to $21.00 and set a “buy” rating on the stock in a research report on Tuesday, October 22nd. Finally, B. Riley began coverage on shares of Donnelley Financial Solutions in a research report on Wednesday, October 16th. They set a “buy” rating and a $16.00 price objective on the stock. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $16.00.

In other Donnelley Financial Solutions news, Director Jeffrey Jacobowitz bought 107,128 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The shares were bought at an average price of $11.36 per share, for a total transaction of $1,216,974.08. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 9.63% of the stock is owned by company insiders.

NYSE:DFIN traded up $0.41 during trading hours on Friday, reaching $9.82. The company’s stock had a trading volume of 320,464 shares, compared to its average volume of 162,788. The firm has a market capitalization of $327.91 million, a price-to-earnings ratio of 4.55, a PEG ratio of 9.89 and a beta of 1.86. The firm has a 50-day simple moving average of $11.14 and a 200-day simple moving average of $12.58. Donnelley Financial Solutions Inc has a 1 year low of $9.24 and a 1 year high of $17.69. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.43 and a current ratio of 1.38.

About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company in the United States, Europe, Asia, Canada, and Latin America. The Company provides regulatory filing and deal solutions through its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms to serve their regulatory and compliance needs.

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Institutional Ownership by Quarter for Donnelley Financial Solutions (NYSE:DFIN)

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