D. E. Shaw & Co. Inc. Grows Position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

D. E. Shaw & Co. Inc. grew its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 325.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 87,700 shares of the business services provider's stock after purchasing an additional 67,100 shares during the quarter. D. E. Shaw & Co. Inc.'s holdings in Dun & Bradstreet were worth $1,093,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Barclays PLC increased its position in Dun & Bradstreet by 144.9% during the 3rd quarter. Barclays PLC now owns 1,192,700 shares of the business services provider's stock valued at $13,728,000 after purchasing an additional 705,707 shares during the period. Perpetual Ltd increased its position in shares of Dun & Bradstreet by 46.1% during the fourth quarter. Perpetual Ltd now owns 24,644 shares of the business services provider's stock valued at $307,000 after buying an additional 7,773 shares during the period. KBC Group NV raised its stake 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 worth $160,000 after buying an additional 2,983 shares in the last quarter. Empowered Funds LLC purchased a new stake in Dun & Bradstreet in the fourth quarter worth about $127,000. Finally, Savant Capital LLC grew its holdings in shares of Dun & Bradstreet by 5.2% during the 4th quarter. Savant Capital LLC now owns 74,983 shares of the business services provider's stock worth $934,000 after acquiring an additional 3,727 shares during the period. Institutional investors own 86.68% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently commented on DNB shares. Needham & Company LLC restated a "hold" rating on shares of Dun & Bradstreet in a report on Friday, May 2nd. Royal Bank of Canada reissued a "sector perform" rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Wall Street Zen started coverage on shares of Dun & Bradstreet in a research note on Wednesday, May 21st. They set a "hold" rating for the company. The Goldman Sachs Group dropped their price target 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. Finally, 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. Seven analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $11.86.

Insider Transactions at Dun & Bradstreet

In related news, Chairman William P. Foley II sold 2,500,000 shares of the firm's stock in a transaction that occurred on 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 transaction, the chairman now owns 5,609,644 shares of the company's stock, valued at approximately $50,262,410.24. This trade represents a 30.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Chinh Chu sold 10,885,403 shares of the business's stock in a transaction that occurred 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 now owns 23,810 shares of the company's stock, valued at $213,099.50. This trade represents a 99.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,885,403 shares of company stock worth $142,299,357 over the last three months. 10.44% of the stock is currently owned by company insiders.

Dun & Bradstreet Stock Up 0.2%

DNB stock traded up $0.02 during midday trading on Thursday, hitting $9.02. The company's stock had a trading volume of 3,019,140 shares, compared to its average volume of 6,086,981. The firm's 50-day moving average is $8.89 and its 200-day moving average is $10.39. 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 Holdings, Inc. has a 12 month low of $7.78 and a 12 month high of $12.95. The company has a market cap of $4.02 billion, a PE ratio of -150.22, a P/E/G ratio of 2.21 and a beta of 1.14.

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

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.