Bayberry Capital Partners LP Purchases Shares of 1,183,000 Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Bayberry Capital Partners LP acquired a new position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,183,000 shares of the business services provider's stock, valued at approximately $14,740,000. Dun & Bradstreet makes up 5.6% of Bayberry Capital Partners LP's investment portfolio, making the stock its 9th biggest holding. Bayberry Capital Partners LP owned approximately 0.27% of Dun & Bradstreet as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barclays PLC boosted its position in Dun & Bradstreet by 144.9% during the third quarter. Barclays PLC now owns 1,192,700 shares of the business services provider's stock worth $13,728,000 after acquiring an additional 705,707 shares during the last quarter. Harbor Capital Advisors Inc. boosted its holdings in shares of Dun & Bradstreet by 3.6% during the fourth quarter. Harbor Capital Advisors Inc. now owns 1,209,101 shares of the business services provider's stock worth $15,065,000 after purchasing an additional 42,320 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of Dun & Bradstreet by 15.5% in the fourth quarter. Park Avenue Securities LLC now owns 60,548 shares of the business services provider's stock valued at $754,000 after purchasing an additional 8,103 shares during the period. Perpetual Ltd increased its stake in Dun & Bradstreet by 46.1% in the fourth quarter. Perpetual Ltd now owns 24,644 shares of the business services provider's stock valued at $307,000 after purchasing an additional 7,773 shares during the last quarter. Finally, KBC Group NV lifted its position in Dun & Bradstreet by 30.2% during the fourth quarter. KBC Group NV now owns 12,861 shares of the business services provider's stock worth $160,000 after buying an additional 2,983 shares during the period. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Dun & Bradstreet

In other Dun & Bradstreet news, Chairman William P. Foley II sold 2,500,000 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $8.96, for a total value of $22,400,000.00. Following the sale, the chairman now owns 5,609,644 shares in the company, valued at approximately $50,262,410.24. This trade represents a 30.83 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 10.44% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. 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 report on Tuesday, March 25th. StockNews.com initiated coverage on Dun & Bradstreet in a report on Monday. They set a "hold" rating for the company. The Goldman Sachs Group reduced their target price on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a report on Friday, February 21st. Royal Bank of Canada restated a "sector perform" rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Finally, Needham & Company LLC reissued a "hold" rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Seven analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $11.86.

Dun & Bradstreet Stock Performance

Shares of Dun & Bradstreet stock traded down $0.02 during trading hours on Friday, reaching $8.95. The company's stock had a trading volume of 13,737,496 shares, compared to its average volume of 5,989,985. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65. Dun & Bradstreet Holdings, Inc. has a one year low of $7.78 and a one year high of $12.95. The company's 50 day simple moving average is $8.73 and its 200 day simple moving average is $10.65. The stock has a market cap of $4.00 billion, a P/E ratio of -149.14, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last issued its earnings results on Thursday, May 1st. The business services provider reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.01. The company had revenue of $579.80 million during the quarter, compared to the consensus estimate of $578.02 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. Dun & Bradstreet's quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.20 earnings per share. As a group, analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

About Dun & Bradstreet

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.