Ancora Advisors LLC Lowers Position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Ancora Advisors LLC decreased its holdings in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 19.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 176,450 shares of the business services provider's stock after selling 42,360 shares during the quarter. Ancora Advisors LLC's holdings in Dun & Bradstreet were worth $2,199,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of DNB. Massachusetts Financial Services Co. MA grew its position in Dun & Bradstreet by 2.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider's stock valued at $719,863,000 after acquiring an additional 1,275,959 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Dun & Bradstreet by 8.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider's stock worth $219,566,000 after purchasing an additional 1,350,263 shares during the last quarter. FMR LLC increased its stake in Dun & Bradstreet by 9.7% in the 4th quarter. FMR LLC now owns 12,575,015 shares of the business services provider's stock worth $156,685,000 after buying an additional 1,109,940 shares during the period. Geode Capital Management LLC lifted its holdings in Dun & Bradstreet by 3.4% during the 4th quarter. Geode Capital Management LLC now owns 4,837,658 shares of the business services provider's stock valued at $60,298,000 after buying an additional 160,259 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Dun & Bradstreet by 2.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,075,848 shares of the business services provider's stock valued at $50,785,000 after buying an additional 99,795 shares during the period. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Chairman William P. Foley II sold 2,500,000 shares of the business's stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $8.96, for a total transaction of $22,400,000.00. Following the sale, the chairman now directly owns 5,609,644 shares of the company's stock, valued at $50,262,410.24. The trade was a 30.83 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 10.44% of the company's stock.

Dun & Bradstreet Stock Down 0.2 %

DNB traded down $0.02 on Friday, hitting $8.95. The company had a trading volume of 16,250,616 shares, compared to its average volume of 5,997,521. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of -149.14, a P/E/G ratio of 2.21 and a beta of 1.14. The stock has a fifty day moving average price of $8.73 and a 200-day moving average price of $10.63. Dun & Bradstreet Holdings, Inc. has a 12-month low of $7.78 and a 12-month high of $12.95. 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 (NYSE:DNB - Get Free Report) last posted 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 analysts' expectations of $578.02 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. Dun & Bradstreet's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.20 earnings per share. Analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DNB has been the subject of several research analyst reports. Needham & Company LLC reaffirmed a "hold" rating on shares of Dun & Bradstreet in a research note on Friday, May 2nd. The Goldman Sachs Group lowered their target price on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating for the company in a report on Friday, February 21st. StockNews.com started coverage on Dun & Bradstreet in a research note on Monday, May 5th. They set a "hold" rating on the stock. Jefferies Financial Group reaffirmed a "hold" rating and issued a $9.15 price objective (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $12.00 target price on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Seven investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, Dun & Bradstreet currently has a consensus rating of "Hold" and an average price target of $11.86.

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.