Dun & Bradstreet Holdings, Inc. $DNB Shares Sold by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System trimmed its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 27.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,134 shares of the business services provider’s stock after selling 5,215 shares during the period. Maryland State Retirement & Pension System’s holdings in Dun & Bradstreet were worth $126,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Neo Ivy Capital Management purchased a new position in shares of Dun & Bradstreet during the fourth quarter valued at approximately $96,000. Oak Thistle LLC purchased a new position in shares of Dun & Bradstreet during the 1st quarter worth $93,000. Vest Financial LLC acquired a new stake in shares of Dun & Bradstreet during the first quarter worth $106,000. True Link Financial Advisors LLC purchased a new stake in shares of Dun & Bradstreet in the first quarter valued at $114,000. Finally, Brown Miller Wealth Management LLC acquired a new position in Dun & Bradstreet in the first quarter valued at $122,000. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on DNB. Raymond James Financial lowered Dun & Bradstreet from a “strong-buy” rating to a “market perform” rating in a research note on Friday, June 13th. Wall Street Zen started coverage on shares of Dun & Bradstreet in a report on Wednesday, May 21st. They issued a “hold” rating for the company. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Six analysts have rated the stock with a Hold rating, According to MarketBeat, Dun & Bradstreet has an average rating of “Hold” and a consensus price target of $11.63.

Dun & Bradstreet Trading Up 0.1%

Shares of DNB opened at $9.1050 on Wednesday. Dun & Bradstreet Holdings, Inc. has a 12 month low of $7.78 and a 12 month high of $12.94. The stock’s 50-day moving average is $9.10 and its two-hundred day moving average is $9.15. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.61 and a quick ratio of 0.61. The stock has a market cap of $4.06 billion, a PE ratio of -101.17 and a beta of 1.12.

Insiders Place Their Bets

In other Dun & Bradstreet news, Chairman William P. Foley II sold 2,500,000 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $9.09, for a total value of $22,725,000.00. Following the completion of the sale, the chairman owned 3,109,644 shares of the company’s stock, valued at $28,266,663.96. This trade represents a 44.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 10.44% of the stock is currently owned by corporate insiders.

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.