Rhumbline Advisers Sells 9,971 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Rhumbline Advisers trimmed its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 3.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 278,198 shares of the business services provider’s stock after selling 9,971 shares during the period. Rhumbline Advisers owned about 0.06% of Dun & Bradstreet worth $2,487,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Amundi grew its position in Dun & Bradstreet by 27.9% during the 4th quarter. Amundi now owns 5,158 shares of the business services provider’s stock worth $64,000 after acquiring an additional 1,126 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Dun & Bradstreet by 5.5% during the fourth quarter. Cetera Investment Advisers now owns 23,843 shares of the business services provider’s stock worth $297,000 after purchasing an additional 1,240 shares during the last quarter. Xponance Inc. grew its holdings in shares of Dun & Bradstreet by 16.5% during 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. Cerity Partners LLC grew its holdings in shares of Dun & Bradstreet by 10.1% during the fourth quarter. Cerity Partners LLC now owns 20,771 shares of the business services provider’s stock worth $259,000 after purchasing an additional 1,909 shares during the last quarter. Finally, Truist Financial Corp grew its holdings in shares of Dun & Bradstreet by 8.7% during the fourth quarter. Truist Financial Corp now owns 24,420 shares of the business services provider’s stock worth $304,000 after purchasing an additional 1,958 shares during the last quarter. 86.68% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on DNB. Jefferies Financial Group reissued a “hold” rating and set a $9.15 price objective (down previously from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. The Goldman Sachs Group decreased their price target on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research note on Friday, February 21st. Raymond James cut shares of Dun & Bradstreet from a “strong-buy” rating to a “market perform” rating in a research note on Friday. Wall Street Zen assumed coverage on Dun & Bradstreet in a research report on Wednesday, May 21st. They issued a “hold” rating on the stock. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Eight investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $11.86.

Insider Transactions at Dun & Bradstreet

In other news, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $8.99, for a total transaction 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. The trade was a 23.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Chinh Chu sold 10,885,403 shares of Dun & Bradstreet stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $8.95, for a total transaction of $97,424,356.85. Following the completion of the transaction, the director now directly owns 23,810 shares in the company, valued at approximately $213,099.50. The trade was a 99.78% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,885,403 shares of company stock valued at $142,299,357 over the last three months. 10.44% of the stock is currently owned by corporate insiders.

Dun & Bradstreet Price Performance

Shares of DNB stock opened at $9.07 on Tuesday. Dun & Bradstreet Holdings, Inc. has a 52-week low of $7.78 and a 52-week high of $12.95. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65. The stock has a market cap of $4.05 billion, a PE ratio of -151.06, a PEG ratio of 2.21 and a beta of 1.12. The firm’s 50 day moving average price is $8.94 and its two-hundred day moving average price is $10.07.

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

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.