Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Holdings Trimmed by CenterBook Partners LP

CenterBook Partners LP reduced its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 24.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 351,907 shares of the business services provider's stock after selling 111,402 shares during the period. CenterBook Partners LP owned approximately 0.08% of Dun & Bradstreet worth $4,385,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in Dun & Bradstreet in the fourth quarter valued at approximately $26,817,000. Advisory Services Network LLC raised its holdings in shares of Dun & Bradstreet by 5.1% in the 4th quarter. Advisory Services Network LLC now owns 43,415 shares of the business services provider's stock valued at $541,000 after purchasing an additional 2,125 shares in the last quarter. Bank of Nova Scotia purchased a new position in Dun & Bradstreet in the fourth quarter valued at $359,000. Invesco Ltd. raised its position in shares of Dun & Bradstreet by 6.1% during the 4th quarter. Invesco Ltd. now owns 632,928 shares of the business services provider's stock worth $7,886,000 after acquiring an additional 36,561 shares in the last quarter. Finally, Cerity Partners LLC lifted its position in shares of Dun & Bradstreet by 10.1% during the 4th quarter. Cerity Partners LLC now owns 20,771 shares of the business services provider's stock worth $259,000 after buying an additional 1,909 shares during the last quarter. Institutional investors and hedge funds own 86.68% of the company's stock.

Dun & Bradstreet Trading Up 0.5 %

Shares of DNB stock traded up $0.04 during mid-day trading on Tuesday, reaching $8.77. The company's stock had a trading volume of 1,529,037 shares, compared to its average volume of 4,924,837. The company's 50 day simple moving average is $9.17 and its 200-day simple moving average is $10.95. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 1.06. Dun & Bradstreet Holdings, Inc. has a 12-month low of $7.78 and a 12-month high of $12.95. The firm has a market capitalization of $3.92 billion, a PE ratio of -146.14, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by ($0.05). The firm had revenue of $631.90 million for the quarter, compared to analysts' expectations of $658.04 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. On average, research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

Dun & Bradstreet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.28%. The ex-dividend date of this dividend was Thursday, March 6th. Dun & Bradstreet's dividend payout ratio (DPR) is -333.33%.

Wall Street Analyst Weigh In

DNB has been the subject of a number of research reports. The Goldman Sachs Group reduced their price target on shares of Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating for the company in a research report on Friday, February 21st. Royal Bank of Canada reiterated a "sector perform" rating and issued a $12.00 price target on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. StockNews.com initiated coverage on shares of Dun & Bradstreet in a report on Friday. They issued a "hold" rating for the company. Jefferies Financial Group restated a "hold" rating and issued a $9.15 price target (down previously from $11.00) on shares of Dun & Bradstreet in a research report on Tuesday, March 25th. Finally, Needham & Company LLC reaffirmed a "hold" rating and set a $14.00 price objective on shares of Dun & Bradstreet in a research report on Monday, March 24th. Seven equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, Dun & Bradstreet presently has a consensus rating of "Hold" and an average price target of $11.86.

Insider Transactions at Dun & Bradstreet

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 sale, the chairman now owns 8,109,644 shares in the company, valued at $72,905,699.56. This represents a 23.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 10.44% of the company's stock.

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.