Jane Street Group LLC Raises Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Jane Street Group LLC boosted its holdings in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 148.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 142,099 shares of the business services provider’s stock after buying an additional 85,014 shares during the quarter. Jane Street Group LLC’s holdings in Dun & Bradstreet were worth $1,771,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Amundi grew its holdings in Dun & Bradstreet by 27.9% in the fourth quarter. Amundi now owns 5,158 shares of the business services provider’s stock worth $64,000 after purchasing an additional 1,126 shares during the last quarter. Empowered Funds LLC purchased a new position in Dun & Bradstreet in the fourth quarter worth $127,000. New World Advisors LLC purchased a new position in Dun & Bradstreet in the fourth quarter worth $143,000. KBC Group NV grew its holdings in Dun & Bradstreet by 30.2% in the fourth quarter. KBC Group NV now owns 12,861 shares of the business services provider’s stock worth $160,000 after purchasing an additional 2,983 shares during the last quarter. Finally, Xponance Inc. grew its holdings in Dun & Bradstreet by 16.5% in the fourth quarter. Xponance Inc. now owns 13,252 shares of the business services provider’s stock worth $165,000 after purchasing an additional 1,881 shares during the last quarter. 86.68% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DNB has been the subject of several research reports. The Goldman Sachs Group lowered their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a research note on Friday, February 21st. Jefferies Financial Group reiterated a “hold” rating and set a $9.15 price objective (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Needham & Company LLC reiterated a “hold” rating on shares of Dun & Bradstreet in a research note on Friday, May 2nd. Finally, StockNews.com assumed coverage on shares of Dun & Bradstreet in a research note on Tuesday, May 13th. They set a “hold” rating for the company. Seven analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $11.86.

Dun & Bradstreet Stock Performance

NYSE:DNB opened at $8.99 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 firm has a market capitalization of $4.01 billion, a price-to-earnings ratio of -149.73, a PEG ratio of 2.21 and a beta of 1.14. The company’s 50-day moving average is $8.78 and its two-hundred day moving average is $10.57. Dun & Bradstreet Holdings, Inc. has a 1-year low of $7.78 and a 1-year high of $12.95.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings data on Thursday, May 1st. The business services provider reported $0.21 EPS for the quarter, topping the consensus estimate of $0.20 by $0.01. The firm had revenue of $579.80 million for the quarter, compared to analyst estimates of $578.02 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.20 EPS. Analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current year.

Insiders Place Their Bets

In related news, Director Chinh Chu sold 10,885,403 shares of the stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $8.95, for a total value of $97,424,356.85. Following the transaction, the director now directly owns 23,810 shares of the company’s stock, valued at $213,099.50. This trade represents a 99.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman William P. Foley II sold 2,500,000 shares of the stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $8.96, for a total transaction of $22,400,000.00. Following the completion of the transaction, the chairman now directly owns 5,609,644 shares in the company, valued at $50,262,410.24. This trade represents a 30.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,885,403 shares of company stock worth $142,299,357 in the last ninety days. 10.44% of the stock is owned by corporate insiders.

Dun & Bradstreet 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.