Bank of New York Mellon Corp Sells 58,951 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Bank of New York Mellon Corp decreased its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 3.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,598,762 shares of the business services provider's stock after selling 58,951 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.36% of Dun & Bradstreet worth $14,293,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC acquired a new position in shares of Dun & Bradstreet in the 4th quarter valued at $323,000. Amundi lifted its stake in shares of Dun & Bradstreet by 27.9% in 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 period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Dun & Bradstreet by 19.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 65,279 shares of the business services provider's stock valued at $813,000 after purchasing an additional 10,458 shares during the period. Swiss National Bank lifted its stake in shares of Dun & Bradstreet by 0.7% in the 4th quarter. Swiss National Bank now owns 564,800 shares of the business services provider's stock valued at $7,037,000 after purchasing an additional 3,900 shares during the period. Finally, Xponance Inc. lifted its stake in shares of Dun & Bradstreet by 16.5% in the 4th quarter. Xponance Inc. now owns 13,252 shares of the business services provider's stock valued at $165,000 after purchasing an additional 1,881 shares during the period. Institutional investors and hedge funds own 86.68% of the company's stock.

Dun & Bradstreet Trading Up 0.1%

Dun & Bradstreet stock traded up $0.01 during trading hours on Wednesday, reaching $9.13. 2,887,766 shares of the company's stock were exchanged, compared to its average volume of 6,291,572. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 1.06. The firm's 50 day simple moving average is $9.06 and its 200 day simple moving average is $9.50. Dun & Bradstreet Holdings, Inc. has a twelve month low of $7.78 and a twelve month high of $12.95. The firm has a market capitalization of $4.07 billion, a PE ratio of -182.50 and a beta of 1.12.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last announced its quarterly 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 business had revenue of $579.80 million during the quarter, compared to analyst estimates of $578.02 million. Dun & Bradstreet had a negative net margin of 0.88% and a positive return on equity of 11.51%. Dun & Bradstreet's quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.20 EPS. Research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current year.

Insider Buying and Selling

In other Dun & Bradstreet 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 owned 5,609,644 shares of the company's stock, valued at $50,262,410.24. The trade was a 30.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Chinh Chu sold 10,885,403 shares of the business's stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $8.95, for a total transaction of $97,424,356.85. Following the sale, the director directly owned 23,810 shares in the company, valued at $213,099.50. The trade was a 99.78% decrease in their position. The disclosure for this sale can be found here. Insiders own 10.44% of the company's stock.

Analysts Set New Price Targets

DNB has been the subject of a number of research reports. Jefferies Financial Group reiterated a "hold" rating and set a $9.15 target price (down previously from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. Needham & Company LLC reiterated a "hold" rating on shares of Dun & Bradstreet in a report on Friday, May 2nd. Wall Street Zen started coverage on Dun & Bradstreet in a report on Wednesday, May 21st. They set a "hold" rating for the company. Finally, Raymond James Financial cut Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a report on Friday, June 13th. Eight investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently 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.