Dimensional Fund Advisors LP Boosts Position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Dimensional Fund Advisors LP increased its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 8.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,622,318 shares of the business services provider's stock after purchasing an additional 1,350,263 shares during the quarter. Dimensional Fund Advisors LP owned 3.99% of Dun & Bradstreet worth $219,566,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of DNB. Forum Financial Management LP purchased a new stake in shares of Dun & Bradstreet during the 4th quarter worth $209,000. Marshall Wace LLP raised its stake in Dun & Bradstreet by 197.1% in the fourth quarter. Marshall Wace LLP now owns 329,029 shares of the business services provider's stock valued at $4,100,000 after buying an additional 218,300 shares in the last quarter. Bridgewater Associates LP purchased a new stake in Dun & Bradstreet during the 4th quarter worth about $2,783,000. Mariner LLC boosted its position in shares of Dun & Bradstreet by 51.0% during the 4th quarter. Mariner LLC now owns 111,191 shares of the business services provider's stock worth $1,385,000 after acquiring an additional 37,573 shares in the last quarter. Finally, Sterling Capital Management LLC increased its holdings in shares of Dun & Bradstreet by 53.9% in the 4th quarter. Sterling Capital Management LLC now owns 18,176 shares of the business services provider's stock valued at $226,000 after acquiring an additional 6,366 shares during the last quarter. Institutional investors and hedge funds own 86.68% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. StockNews.com initiated coverage on Dun & Bradstreet in a report on Sunday. 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 research note on Friday, February 21st. Jefferies Financial Group restated a "hold" rating and issued a $9.15 price objective (down previously from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. Needham & Company LLC reiterated a "hold" rating and set a $14.00 target price on shares of Dun & Bradstreet in a research report on Monday, March 24th. Finally, Royal Bank of Canada reissued a "sector perform" rating and issued a $12.00 target price on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Seven research analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $11.86.

Insiders Place Their Bets

In related news, Chairman William P. Foley II sold 2,500,000 shares of the stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $8.99, for a total transaction of $22,475,000.00. Following the completion of the transaction, the chairman now directly owns 8,109,644 shares of the company's stock, valued at $72,905,699.56. This represents a 23.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 10.44% of the stock is owned by insiders.

Dun & Bradstreet Stock Performance

Shares of DNB traded down $0.04 during mid-day trading on Monday, hitting $9.16. 717,196 shares of the company's stock were exchanged, compared to its average volume of 5,345,599. The firm has a market capitalization of $4.09 billion, a P/E ratio of -152.39, a P/E/G ratio of 2.21 and a beta of 1.14. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $7.78 and a fifty-two week high of $12.95. The business's 50 day moving average is $8.79 and its two-hundred day moving average is $10.79. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by ($0.05). The company had revenue of $631.90 million for the quarter, compared to analyst estimates of $658.04 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. On average, equities analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current year.

Dun & Bradstreet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.20 annualized dividend and a yield of 2.18%. Dun & Bradstreet's dividend payout ratio is currently -333.33%.

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.