BNP Paribas Financial Markets Invests $783,000 in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

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

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DNB. Ameriprise Financial Inc. increased its stake in shares of Dun & Bradstreet by 43.7% in the 4th quarter. Ameriprise Financial Inc. now owns 77,935 shares of the business services provider's stock worth $971,000 after acquiring an additional 23,703 shares during the last quarter. Nexpoint Asset Management L.P. increased its stake in shares of Dun & Bradstreet by 190.6% in the 4th quarter. Nexpoint Asset Management L.P. now owns 62,196 shares of the business services provider's stock worth $775,000 after acquiring an additional 40,793 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Dun & Bradstreet by 148.9% in the 4th quarter. Jane Street Group LLC now owns 142,099 shares of the business services provider's stock worth $1,771,000 after acquiring an additional 85,014 shares during the last quarter. Northern Trust Corp increased its stake in shares of Dun & Bradstreet by 10.9% in the 4th quarter. Northern Trust Corp now owns 1,659,092 shares of the business services provider's stock worth $20,672,000 after acquiring an additional 163,692 shares during the last quarter. Finally, Voya Investment Management LLC increased its stake in shares of Dun & Bradstreet by 47.4% in the 4th quarter. Voya Investment Management LLC now owns 58,858 shares of the business services provider's stock worth $733,000 after acquiring an additional 18,917 shares during the last quarter. Hedge funds and other institutional investors own 86.68% of the company's stock.

Dun & Bradstreet Trading Down 0.1%

NYSE DNB traded down $0.01 during trading on Friday, hitting $8.99. The stock had a trading volume of 5,950,502 shares, compared to its average volume of 6,111,118. The company has a market capitalization of $4.01 billion, a PE ratio of -149.73, a PEG ratio of 2.21 and a beta of 1.14. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 1.06. The firm has a 50 day moving average price of $8.87 and a 200 day moving average price of $10.47. Dun & Bradstreet Holdings, Inc. has a twelve month low of $7.78 and a twelve month high of $12.95.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last released its earnings results on Thursday, May 1st. The business services provider reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.01. The company had revenue of $579.80 million during the quarter, compared to the consensus estimate of $578.02 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. Dun & Bradstreet's revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.20 EPS. As a group, equities research analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on DNB. Needham & Company LLC reaffirmed a "hold" rating on shares of Dun & Bradstreet in a research note on Friday, May 2nd. Wall Street Zen started coverage on shares of Dun & Bradstreet in a report on Wednesday. They issued a "hold" rating on the stock. Royal Bank of Canada restated a "sector perform" rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Jefferies Financial Group restated a "hold" rating and issued a $9.15 price objective (down from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. Finally, The Goldman Sachs Group reduced their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a report on Friday, February 21st. Seven analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $11.86.

Insider Transactions at Dun & Bradstreet

In other news, Director Chinh Chu sold 10,885,403 shares of the company's 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 approximately $213,099.50. This represents a 99.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman William P. Foley II sold 2,500,000 shares of the stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $8.96, for a total value of $22,400,000.00. Following the completion of the transaction, the chairman now owns 5,609,644 shares in the company, valued at approximately $50,262,410.24. The trade was a 30.83% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,885,403 shares of company stock valued at $142,299,357. 10.44% of the stock is currently owned by corporate insiders.

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.