BNP Paribas Financial Markets Acquires Shares of 62,828 Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

BNP Paribas Financial Markets acquired a new position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 62,828 shares of the business services provider's stock, valued at approximately $783,000.

A number of other large investors also recently bought and sold shares of DNB. Norges Bank purchased a new stake in shares of Dun & Bradstreet during the 4th quarter worth about $42,016,000. Raymond James Financial Inc. acquired a new position in Dun & Bradstreet in the fourth quarter valued at approximately $26,817,000. Dimensional Fund Advisors LP lifted its holdings in 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 valued at $219,566,000 after acquiring an additional 1,350,263 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Dun & Bradstreet by 2.3% in the fourth 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. Finally, FMR LLC raised its position in Dun & Bradstreet by 9.7% in the fourth quarter. FMR LLC now owns 12,575,015 shares of the business services provider's stock valued at $156,685,000 after purchasing an additional 1,109,940 shares during the period. Institutional investors own 86.68% of the company's stock.

Insiders Place Their Bets

In other news, Chairman William P. Foley II sold 2,500,000 shares of the company's 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 owns 8,109,644 shares of the company's stock, valued at approximately $72,905,699.56. This represents a 23.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Chinh Chu sold 10,885,403 shares of the stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $8.95, for a total transaction of $97,424,356.85. Following the completion of the transaction, the director now directly owns 23,810 shares of the company's stock, valued at $213,099.50. This trade represents a 99.78% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,885,403 shares of company stock valued at $142,299,357 in the last quarter. Insiders own 10.44% of the company's stock.

Dun & Bradstreet Price Performance

Shares of NYSE DNB traded down $0.01 during trading on Wednesday, hitting $9.00. The company had a trading volume of 403,339 shares, compared to its average volume of 6,077,407. The company has a market cap of $4.02 billion, a P/E ratio of -149.89, a PEG ratio of 2.21 and a beta of 1.14. Dun & Bradstreet Holdings, Inc. has a 52 week low of $7.78 and a 52 week high of $12.95. The business's 50-day moving average is $8.88 and its 200 day moving average is $10.42. 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 issued its quarterly earnings data on Thursday, May 1st. The business services provider reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.01. The firm 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% on a year-over-year basis. During the same period in the prior year, the company posted $0.20 earnings per share. Equities research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on DNB shares. Jefferies Financial Group reaffirmed a "hold" rating and set a $9.15 price objective (down previously from $11.00) on shares of Dun & Bradstreet in a research report on Tuesday, March 25th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $12.00 price objective on shares of Dun & Bradstreet in a report on Wednesday, January 29th. The Goldman Sachs Group lowered their price target on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a report on Friday, February 21st. Wall Street Zen started coverage on Dun & Bradstreet in a report on Wednesday, May 21st. They issued a "hold" rating on the stock. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Dun & Bradstreet in a report on Friday, May 2nd. Seven research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price 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.