Rhumbline Advisers increased its position in shares of Donnelley Financial Solutions Inc (NASDAQ:DFIN) by 14.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 55,692 shares of the company’s stock after buying an additional 6,896 shares during the quarter. Rhumbline Advisers owned about 0.17% of Donnelley Financial Solutions worth $1,279,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in DFIN. Schwab Charles Investment Management Inc. grew its stake in Donnelley Financial Solutions by 206.8% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 226,623 shares of the company’s stock worth $5,204,000 after buying an additional 152,761 shares during the last quarter. Clark Estates Inc. NY grew its stake in Donnelley Financial Solutions by 71.6% during the 2nd quarter. Clark Estates Inc. NY now owns 288,883 shares of the company’s stock worth $6,633,000 after buying an additional 120,533 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. purchased a new position in Donnelley Financial Solutions during the 2nd quarter worth approximately $1,829,000. NGAM Advisors L.P. grew its stake in Donnelley Financial Solutions by 59.8% during the 2nd quarter. NGAM Advisors L.P. now owns 116,329 shares of the company’s stock worth $2,671,000 after buying an additional 43,510 shares during the last quarter. Finally, Spark Investment Management LLC purchased a new position in Donnelley Financial Solutions during the 2nd quarter worth approximately $472,000.

ILLEGAL ACTIVITY WARNING: “Rhumbline Advisers Grows Position in Donnelley Financial Solutions Inc (DFIN)” was originally published by Daily Political and is the sole property of of Daily Political. If you are reading this article on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The legal version of this article can be read at https://www.dailypolitical.com/2017/09/22/rhumbline-advisers-grows-position-in-donnelley-financial-solutions-inc-dfin.html.

Donnelley Financial Solutions Inc (NASDAQ:DFIN) opened at 20.50 on Friday. The stock has a market capitalization of $690.85 million and a P/E ratio of 17.95. Donnelley Financial Solutions Inc has a 52 week low of $18.02 and a 52 week high of $29.00. The firm has a 50 day moving average price of $21.45 and a 200 day moving average price of $21.45.

Donnelley Financial Solutions (NASDAQ:DFIN) last posted its earnings results on Wednesday, August 2nd. The company reported $0.76 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.82 by ($0.06). The company had revenue of $290.20 million for the quarter, compared to the consensus estimate of $294.70 million. Donnelley Financial Solutions had a net margin of 6.48% and a return on equity of 51.81%. The firm’s revenue was down 2.6% compared to the same quarter last year. Equities research analysts predict that Donnelley Financial Solutions Inc will post $1.64 earnings per share for the current year.

A number of research firms recently issued reports on DFIN. J P Morgan Chase & Co began coverage on Donnelley Financial Solutions in a research note on Tuesday, August 15th. They set a “neutral” rating and a $24.00 price target on the stock. Wells Fargo & Company began coverage on Donnelley Financial Solutions in a research note on Monday, June 19th. They set a “market perform” rating and a $24.00 price target on the stock. Citigroup Inc. began coverage on Donnelley Financial Solutions in a research note on Monday, June 19th. They set a “neutral” rating and a $25.00 price target on the stock. Finally, Bank of America Corporation began coverage on Donnelley Financial Solutions in a research note on Friday, June 23rd. They set a “buy” rating on the stock.

About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc is a financial communications services company that supports global capital markets compliance and transaction needs for its corporate clients and their advisors (such as law firms and investment bankers), and global investment markets compliance and analytics needs for mutual fund companies, variable annuity providers and broker/dealers.

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

Receive News & Ratings for Donnelley Financial Solutions Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donnelley Financial Solutions Inc and related companies with MarketBeat.com's FREE daily email newsletter.