Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Purchased by Xponance Inc.

Xponance Inc. raised its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 16.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,252 shares of the business services provider’s stock after acquiring an additional 1,881 shares during the quarter. Xponance Inc.’s holdings in Dun & Bradstreet were worth $165,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC lifted its stake in shares of Dun & Bradstreet by 7,875.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 32,299 shares of the business services provider’s stock valued at $402,000 after purchasing an additional 31,894 shares during the period. State Street Corp lifted its position in shares of Dun & Bradstreet by 9.8% during the 3rd quarter. State Street Corp now owns 5,227,336 shares of the business services provider’s stock valued at $60,167,000 after acquiring an additional 468,027 shares during the period. Proficio Capital Partners LLC purchased a new stake in shares of Dun & Bradstreet during the 4th quarter worth approximately $323,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Dun & Bradstreet by 2.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,075,848 shares of the business services provider’s stock worth $50,785,000 after acquiring an additional 99,795 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Dun & Bradstreet by 9.3% in the 4th quarter. Bank of New York Mellon Corp now owns 1,657,713 shares of the business services provider’s stock valued at $20,655,000 after purchasing an additional 141,054 shares in the last quarter. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Dun & Bradstreet news, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $8.99, for a total value of $22,475,000.00. Following the transaction, the chairman now owns 8,109,644 shares in the company, valued at $72,905,699.56. This trade represents a 23.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 10.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on DNB. Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 target price on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Jefferies Financial Group reissued a “hold” rating and issued a $9.15 price objective (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. The Goldman Sachs Group cut their target price on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a research report on Friday, February 21st. Needham & Company LLC reiterated a “hold” rating and issued a $14.00 price target on shares of Dun & Bradstreet in a research report on Monday, March 24th. Finally, Huber Research upgraded Dun & Bradstreet to a “strong sell” rating in a research report on Monday, March 24th. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. Based on data from MarketBeat.com, Dun & Bradstreet has a consensus rating of “Hold” and a consensus price target of $11.86.

Dun & Bradstreet Stock Performance

Shares of NYSE DNB opened at $8.93 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70. The company has a market cap of $3.94 billion, a PE ratio of -148.73, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. The company has a 50-day simple moving average of $9.99 and a 200-day simple moving average of $11.20. Dun & Bradstreet Holdings, Inc. has a 12 month low of $7.78 and a 12 month high of $12.95.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.05). Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The business had revenue of $631.90 million during the quarter, compared to analyst estimates of $658.04 million. On average, equities analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 2.24%. The ex-dividend date was Thursday, March 6th. Dun & Bradstreet’s dividend payout ratio (DPR) is -333.33%.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.