Nomura Holdings Inc. Invests $631,000 in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Nomura Holdings Inc. acquired a new stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 50,615 shares of the business services provider's stock, valued at approximately $631,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new position in shares of Dun & Bradstreet in the 4th quarter valued at approximately $42,016,000. Raymond James Financial Inc. bought a new position in Dun & Bradstreet in the fourth quarter valued at approximately $26,817,000. Contour Asset Management LLC acquired a new position in Dun & Bradstreet during the fourth quarter valued at approximately $17,018,000. Dimensional Fund Advisors LP raised its position in Dun & Bradstreet by 8.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider's stock valued at $219,566,000 after purchasing an additional 1,350,263 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its stake in Dun & Bradstreet by 2.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider's stock worth $719,863,000 after purchasing an additional 1,275,959 shares during the last quarter. Institutional investors and hedge funds own 86.68% of the company's stock.

Dun & Bradstreet Trading Down 0.1%

Shares of NYSE:DNB traded down $0.01 during mid-day trading on Monday, reaching $8.99. 5,950,502 shares of the company's stock were exchanged, compared to its average volume of 6,111,118. The firm has a market capitalization of $4.01 billion, a price-to-earnings ratio of -149.73, a PEG ratio of 2.21 and a beta of 1.14. Dun & Bradstreet Holdings, Inc. has a twelve month low of $7.78 and a twelve month high of $12.95. The business's fifty day moving average price is $8.87 and its 200-day moving average price is $10.45. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The business services provider reported $0.21 EPS for the quarter, topping 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 company had revenue of $579.80 million for the quarter, compared to analyst estimates of $578.02 million. During the same period in the previous year, the firm earned $0.20 earnings per share. The firm's quarterly revenue was up 2.7% on a year-over-year basis. On average, research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Insider Activity 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 shares were sold at an average price of $8.95, for a total transaction of $97,424,356.85. Following the completion of 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 position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet stock in a transaction 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 sale, the chairman now owns 8,109,644 shares of the company's stock, valued at $72,905,699.56. This represents a 23.56% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,885,403 shares of company stock worth $142,299,357 over the last quarter. Company insiders own 10.44% of the company's stock.

Dun & Bradstreet Company 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.