Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Acquired by Fmr LLC

FMR LLC grew its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 9.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,575,015 shares of the business services provider's stock after purchasing an additional 1,109,940 shares during the period. FMR LLC owned approximately 2.85% of Dun & Bradstreet worth $156,685,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Amundi lifted its stake in shares of Dun & Bradstreet by 27.9% during the fourth quarter. Amundi now owns 5,158 shares of the business services provider's stock worth $64,000 after purchasing an additional 1,126 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Dun & Bradstreet during the 3rd quarter worth approximately $120,000. Empowered Funds LLC acquired a new position in Dun & Bradstreet during the 4th quarter worth approximately $127,000. New World Advisors LLC acquired a new stake in Dun & Bradstreet in the fourth quarter valued at approximately $143,000. Finally, KBC Group NV grew its position in Dun & Bradstreet by 30.2% in the fourth 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. Hedge funds and other institutional investors own 86.68% of the company's stock.

Analyst Upgrades and Downgrades

DNB has been the subject of several analyst reports. Jefferies Financial Group restated a "hold" rating and issued a $9.15 target price (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. Needham & Company LLC reissued a "hold" rating and issued a $14.00 price objective on shares of Dun & Bradstreet in a research report on Monday, March 24th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $12.00 target price on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. StockNews.com initiated coverage on Dun & Bradstreet in a report on Friday, April 11th. They issued a "hold" rating for the company. Finally, The Goldman Sachs Group cut their target price on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a research report on Friday, February 21st. Seven analysts have rated the stock with a hold rating, According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $11.86.

Insider Activity at Dun & Bradstreet

In other Dun & Bradstreet news, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet 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 completion of the transaction, the chairman now directly owns 8,109,644 shares in the company, valued at $72,905,699.56. The trade was a 23.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 10.44% of the company's stock.

Dun & Bradstreet Stock Up 0.3 %

Dun & Bradstreet stock traded up $0.03 during midday trading on Friday, hitting $8.75. The stock had a trading volume of 13,861,043 shares, compared to its average volume of 5,026,801. The business has a fifty day moving average price of $9.00 and a 200 day moving average price of $10.90. Dun & Bradstreet Holdings, Inc. has a 12 month low of $7.78 and a 12 month high of $12.95. The stock has a market cap of $3.90 billion, a P/E ratio of -145.73, a P/E/G ratio of 2.21 and a beta of 1.14. 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 issued its quarterly earnings results 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 firm had revenue of $631.90 million during the quarter, compared to the consensus estimate of $658.04 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. Research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend was Thursday, March 6th. Dun & Bradstreet's dividend payout ratio (DPR) is presently -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.