Squarepoint Ops LLC Cuts Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Squarepoint Ops LLC cut its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 60.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 220,693 shares of the business services provider's stock after selling 341,079 shares during the quarter. Squarepoint Ops LLC's holdings in Dun & Bradstreet were worth $2,750,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DNB. Steward Partners Investment Advisory LLC lifted its stake in Dun & Bradstreet by 7,875.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 32,299 shares of the business services provider's stock worth $402,000 after purchasing an additional 31,894 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Dun & Bradstreet during the fourth quarter worth about $323,000. Charles Schwab Investment Management Inc. increased its position in shares of Dun & Bradstreet by 2.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,075,848 shares of the business services provider's stock worth $50,785,000 after purchasing an additional 99,795 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Dun & Bradstreet by 9.3% in the fourth quarter. Bank of New York Mellon Corp now owns 1,657,713 shares of the business services provider's stock valued at $20,655,000 after purchasing an additional 141,054 shares in the last quarter. Finally, Barclays PLC lifted its position in Dun & Bradstreet by 144.9% during the third 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 last quarter. 86.68% of the stock is currently owned by institutional investors.

Insider Transactions at Dun & Bradstreet

In other news, Director Chinh Chu sold 10,885,403 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $8.95, for a total value of $97,424,356.85. Following the completion of the transaction, the director now owns 23,810 shares in the company, valued at $213,099.50. This trade represents a 99.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman William P. Foley II sold 2,500,000 shares of the company's stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $8.96, for a total value of $22,400,000.00. Following the completion of the sale, the chairman now directly owns 5,609,644 shares in the company, valued at approximately $50,262,410.24. The trade was a 30.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,885,403 shares of company stock worth $142,299,357. 10.44% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on DNB shares. Wall Street Zen assumed coverage on shares of Dun & Bradstreet in a research report on Wednesday, May 21st. They issued a "hold" rating for the company. Jefferies Financial Group reaffirmed a "hold" rating and issued a $9.15 price objective (down previously from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. Needham & Company LLC reiterated a "hold" rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Finally, The Goldman Sachs Group cut their price target on shares of Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating for the company in a research report on Friday, February 21st. Seven analysts have rated the stock with a hold rating, Based on data from MarketBeat, Dun & Bradstreet has an average rating of "Hold" and an average price target of $11.86.

Dun & Bradstreet Trading Down 0.1%

DNB traded down $0.01 during trading on Friday, hitting $9.01. 3,613,542 shares of the stock traded hands, compared to its average volume of 6,090,391. The firm has a market capitalization of $4.02 billion, a P/E ratio of -150.14, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14. 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 current ratio of 0.65 and a quick ratio of 0.70. The firm has a 50-day moving average of $8.89 and a 200 day moving average of $10.33.

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