Donnelley Financial Solutions, Inc. (NYSE:DFIN – Get Rating) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,420,000 shares, a growth of 10.1% from the August 15th total of 1,290,000 shares. Currently, 5.1% of the shares of the stock are short sold. Based on an average daily volume of 246,200 shares, the days-to-cover ratio is currently 5.8 days.

Wall Street Analyst Weigh In

Separately, B. Riley decreased their target price on Donnelley Financial Solutions from $45.00 to $40.00 in a report on Tuesday, August 2nd.

Insider Activity at Donnelley Financial Solutions

In other news, CFO David A. Gardella sold 74,265 shares of the company's stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of $42.17, for a total transaction of $3,131,755.05. Following the completion of the transaction, the chief financial officer now owns 157,465 shares of the company's stock, valued at approximately $6,640,299.05. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, CFO David A. Gardella sold 74,265 shares of the company's stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of $42.17, for a total transaction of $3,131,755.05. Following the completion of the transaction, the chief financial officer now owns 157,465 shares of the company's stock, valued at approximately $6,640,299.05. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, General Counsel Jennifer B. Reiners sold 20,049 shares of the company's stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of $42.51, for a total transaction of $852,282.99. Following the transaction, the general counsel now directly owns 69,884 shares of the company's stock, valued at approximately $2,970,768.84. The disclosure for this sale can be found here. 13.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Donnelley Financial Solutions

Donnelley Financial Solutions Trading Up 0.4 %

Shares of NYSE:DFIN traded up $0.17 during trading on Monday, reaching $39.39. 183,980 shares of the stock were exchanged, compared to its average volume of 270,718. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.35 and a current ratio of 1.35. Donnelley Financial Solutions has a 12-month low of $24.60 and a 12-month high of $52.33. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 9.51 and a beta of 1.78. The firm's 50-day moving average price is $38.58 and its 200 day moving average price is $33.34.

Donnelley Financial Solutions (NYSE:DFIN – Get Rating) last issued its earnings results on Wednesday, August 3rd. The company reported $1.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.54. The business had revenue of $266.20 million during the quarter, compared to analysts' expectations of $222.90 million. Donnelley Financial Solutions had a return on equity of 39.18% and a net margin of 14.64%. On average, sell-side analysts anticipate that Donnelley Financial Solutions will post 3.9 earnings per share for the current fiscal year.

About Donnelley Financial Solutions

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Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company worldwide. The company 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).

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