AQR Capital Management LLC Has $12.83 Million Stock Position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

AQR Capital Management LLC cut its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 13.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,035,435 shares of the business services provider's stock after selling 166,262 shares during the quarter. AQR Capital Management LLC owned approximately 0.23% of Dun & Bradstreet worth $12,829,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Amundi grew its holdings in shares of Dun & Bradstreet by 27.9% during the 4th quarter. Amundi now owns 5,158 shares of the business services provider's stock valued at $64,000 after purchasing an additional 1,126 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Dun & Bradstreet during the fourth quarter worth $127,000. New World Advisors LLC bought a new position in shares of Dun & Bradstreet in the 4th quarter valued at $143,000. KBC Group NV boosted its holdings in shares of Dun & Bradstreet by 30.2% during the 4th quarter. KBC Group NV now owns 12,861 shares of the business services provider's stock valued at $160,000 after acquiring an additional 2,983 shares in the last quarter. Finally, Xponance Inc. grew its position in Dun & Bradstreet by 16.5% during the 4th quarter. Xponance Inc. now owns 13,252 shares of the business services provider's stock worth $165,000 after acquiring an additional 1,881 shares during the last quarter. Institutional investors own 86.68% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on DNB. Jefferies Financial Group reissued a "hold" rating and set a $9.15 price target (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. StockNews.com assumed coverage on shares of Dun & Bradstreet in a research report on Monday. They issued a "hold" rating for the company. The Goldman Sachs Group cut their price target on shares of 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 reaffirmed a "hold" rating on shares of Dun & Bradstreet in a report on Friday. Seven analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Dun & Bradstreet presently has an average rating of "Hold" and an average target price of $11.86.

Dun & Bradstreet Stock Performance

DNB stock opened at $8.96 on Tuesday. Dun & Bradstreet Holdings, Inc. has a 1-year low of $7.78 and a 1-year high of $12.95. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06. The stock has a 50-day moving average price of $8.74 and a 200-day moving average price of $10.69. The firm has a market cap of $4.00 billion, a PE ratio of -149.31, 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 quarterly earnings results on Thursday, May 1st. The business services provider reported $0.21 earnings per share (EPS) for the quarter, beating 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 positive return on equity of 11.29% and a negative net margin of 1.20%. The company's revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.20 earnings per share. As a group, equities research analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.23%. Dun & Bradstreet's dividend payout ratio (DPR) is presently -400.00%.

Insider Activity

In other Dun & Bradstreet news, Chairman William P. Foley II sold 2,500,000 shares of the stock in a transaction that occurred on Tuesday, March 25th. The stock was 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 approximately $72,905,699.56. This represents a 23.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.44% of the stock is currently owned by company 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.

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