Illinois Municipal Retirement Fund Purchases 49,192 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Illinois Municipal Retirement Fund raised its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 32.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 200,314 shares of the business services provider's stock after buying an additional 49,192 shares during the quarter. Illinois Municipal Retirement Fund's holdings in Dun & Bradstreet were worth $1,791,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Amundi lifted its holdings in shares of Dun & Bradstreet by 27.9% in the fourth quarter. Amundi now owns 5,158 shares of the business services provider's stock worth $64,000 after acquiring an additional 1,126 shares during the last quarter. Cetera Investment Advisers lifted its stake in Dun & Bradstreet by 5.5% in the 4th quarter. Cetera Investment Advisers now owns 23,843 shares of the business services provider's stock valued at $297,000 after purchasing an additional 1,240 shares during the last quarter. Xponance Inc. boosted its position in Dun & Bradstreet by 16.5% in the fourth quarter. Xponance Inc. now owns 13,252 shares of the business services provider's stock valued at $165,000 after buying an additional 1,881 shares in the last quarter. Cerity Partners LLC grew its stake in shares of Dun & Bradstreet by 10.1% during the fourth quarter. Cerity Partners LLC now owns 20,771 shares of the business services provider's stock worth $259,000 after buying an additional 1,909 shares during the last quarter. Finally, Truist Financial Corp grew its stake in shares of Dun & Bradstreet by 8.7% during the fourth quarter. Truist Financial Corp now owns 24,420 shares of the business services provider's stock worth $304,000 after buying an additional 1,958 shares during the last quarter. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other 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 transaction of $22,400,000.00. Following the completion of the sale, the chairman owned 5,609,644 shares of the company's stock, valued at $50,262,410.24. This trade represents a 30.83% decrease in their position. The sale was disclosed in a 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 transaction, the director 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. 10.44% of the stock is owned by corporate insiders.

Dun & Bradstreet Stock Performance

NYSE:DNB remained flat at $9.10 on Friday. 1,071,858 shares of the company's stock were exchanged, compared to its average volume of 6,323,387. The stock has a market capitalization of $4.06 billion, a price-to-earnings ratio of -182.00 and a beta of 1.12. Dun & Bradstreet Holdings, Inc. has a twelve month low of $7.78 and a twelve month high of $12.95. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.62 and a quick ratio of 0.62. The firm has a fifty day moving average of $9.03 and a 200 day moving average of $9.80.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The business services provider reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.01. The company 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 0.88% and a positive return on equity of 11.51%. Dun & Bradstreet's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.20 earnings per share. On average, equities research analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Jefferies Financial Group reissued a "hold" rating and set a $9.15 price objective (down previously from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. Raymond James Financial lowered Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a research note on Friday, June 13th. Wall Street Zen initiated coverage on Dun & Bradstreet in a research note on Wednesday, May 21st. They issued a "hold" rating for the company. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Eight research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Dun & Bradstreet has a consensus rating of "Hold" and a consensus price target of $11.86.

Dun & Bradstreet Profile

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.