Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Purchased by Jane Street Group LLC

Jane Street Group LLC raised its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 148.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 142,099 shares of the business services provider's stock after buying an additional 85,014 shares during the quarter. Jane Street Group LLC's holdings in Dun & Bradstreet were worth $1,771,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Amundi boosted its stake in Dun & Bradstreet by 27.9% in the 4th quarter. Amundi now owns 5,158 shares of the business services provider's stock worth $64,000 after purchasing an additional 1,126 shares in the last quarter. Empowered Funds LLC acquired a new stake in Dun & Bradstreet in the 4th quarter worth approximately $127,000. New World Advisors LLC acquired a new stake in Dun & Bradstreet in the 4th quarter worth approximately $143,000. KBC Group NV boosted its stake in Dun & Bradstreet by 30.2% in the 4th quarter. KBC Group NV now owns 12,861 shares of the business services provider's stock worth $160,000 after purchasing an additional 2,983 shares in the last quarter. Finally, Xponance Inc. boosted its stake in Dun & Bradstreet by 16.5% in the 4th quarter. Xponance Inc. now owns 13,252 shares of the business services provider's stock worth $165,000 after purchasing an additional 1,881 shares in the last quarter. 86.68% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet stock in a transaction that occurred on 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 directly owns 8,109,644 shares of the company's stock, valued at $72,905,699.56. The trade was a 23.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Chinh Chu sold 10,885,403 shares of Dun & Bradstreet 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 transaction, the director now directly owns 23,810 shares of the company's stock, valued at approximately $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 a total of 15,885,403 shares of company stock valued at $142,299,357 in the last three months. 10.44% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on DNB. Needham & Company LLC reiterated a "hold" rating on shares of Dun & Bradstreet in a research note on Friday, May 2nd. Jefferies Financial Group reiterated a "hold" rating and issued a $9.15 target price (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. Royal Bank of Canada reissued a "sector perform" rating and set a $12.00 price target on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Wall Street Zen initiated coverage on shares of Dun & Bradstreet in a research report on Wednesday. They set a "hold" rating for the company. Finally, The Goldman Sachs Group reduced 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 research analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $11.86.

Dun & Bradstreet Stock Performance

DNB traded down $0.01 during trading on Friday, reaching $8.99. 5,950,502 shares of the company's stock were exchanged, compared to its average volume of 6,131,732. Dun & Bradstreet Holdings, Inc. has a 1 year low of $7.78 and a 1 year 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 stock has a market capitalization of $4.01 billion, a P/E ratio of -149.73, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14. The company's fifty day simple moving average is $8.87 and its 200-day simple moving average is $10.48.

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, beating the consensus estimate of $0.20 by $0.01. The firm had revenue of $579.80 million during the quarter, compared to analyst estimates of $578.02 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The business's quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.20 EPS. As a group, research analysts predict 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.