108,259 Shares in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio purchased a new position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 108,259 shares of the business services provider's stock, valued at approximately $1,349,000.

Other hedge funds also recently made changes to their positions in the company. Amundi raised its holdings in Dun & Bradstreet by 27.9% during 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 in the last quarter. Neo Ivy Capital Management acquired a new position in shares of Dun & Bradstreet during the 4th quarter worth approximately $96,000. Empowered Funds LLC bought a new stake in shares of Dun & Bradstreet during the 4th quarter worth approximately $127,000. New World Advisors LLC acquired a new stake in shares of Dun & Bradstreet in the 4th quarter valued at approximately $143,000. Finally, KBC Group NV grew its stake in shares of Dun & Bradstreet by 30.2% in the fourth quarter. KBC Group NV now owns 12,861 shares of the business services provider's stock valued at $160,000 after buying an additional 2,983 shares in the last quarter. 86.68% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Chinh Chu sold 10,885,403 shares of Dun & Bradstreet 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 transaction, the director now directly owns 23,810 shares of the company's stock, valued at $213,099.50. The trade was a 99.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman William P. Foley II sold 2,500,000 shares of the 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 sale, the chairman now directly owns 5,609,644 shares of the company's stock, valued at $50,262,410.24. This represents a 30.83% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,885,403 shares of company stock valued at $142,299,357. Insiders own 10.44% of the company's stock.

Dun & Bradstreet Price Performance

Dun & Bradstreet stock traded down $0.02 during mid-day trading on Thursday, reaching $9.02. The company had a trading volume of 14,423,881 shares, compared to its average volume of 6,125,611. The company has a market cap of $4.02 billion, a P/E ratio of -150.22, a P/E/G ratio of 2.21 and a beta of 1.12. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $7.78 and a fifty-two week high of $12.95. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06. The business has a fifty day simple moving average of $8.89 and a 200 day simple moving average of $10.29.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last released its quarterly earnings results 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 for the quarter, compared to analysts' expectations of $578.02 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The business's quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.20 earnings per share. On average, equities research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.