Quantinno Capital Management LP Grows Stock Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Quantinno Capital Management LP increased its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 117.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 234,395 shares of the business services provider's stock after buying an additional 126,837 shares during the quarter. Quantinno Capital Management LP owned about 0.05% of Dun & Bradstreet worth $2,921,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in DNB. Amundi grew its holdings in shares of 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 buying an additional 1,126 shares during the last quarter. Empowered Funds LLC acquired a new stake in Dun & Bradstreet in the fourth quarter valued at about $127,000. New World Advisors LLC acquired a new stake in Dun & Bradstreet in the fourth quarter valued at about $143,000. KBC Group NV lifted its position in 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 purchasing an additional 2,983 shares during the period. Finally, Xponance Inc. lifted 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 purchasing an additional 1,881 shares during the period. Hedge funds and other institutional investors own 86.68% of the company's stock.

Dun & Bradstreet Price Performance

DNB stock opened at $8.98 on Tuesday. The firm has a 50 day moving average of $8.80 and a 200-day moving average of $10.54. Dun & Bradstreet Holdings, Inc. has a 12-month low of $7.78 and a 12-month 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 company has a market cap of $4.01 billion, a price-to-earnings ratio of -149.64, a PEG ratio of 2.21 and a beta of 1.14.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The business services provider reported $0.21 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $578.02 million. During the same period last year, the firm earned $0.20 EPS. The company's revenue for the quarter was up 2.7% on a year-over-year basis. As a group, equities analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

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 transaction of $97,424,356.85. Following the completion of the transaction, the director now directly owns 23,810 shares in the company, valued at $213,099.50. The trade was a 99.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet stock in a transaction that occurred 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 transaction, the chairman now owns 5,609,644 shares of the company's stock, valued at $50,262,410.24. This represents 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 sold 15,885,403 shares of company stock worth $142,299,357. Company insiders own 10.44% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on DNB shares. Needham & Company LLC restated a "hold" rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. StockNews.com started coverage on shares of Dun & Bradstreet in a research report on Tuesday, May 13th. They issued a "hold" rating for the company. The Goldman Sachs Group reduced their price objective 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. Jefferies Financial Group restated a "hold" rating and issued a $9.15 price objective (down previously from $11.00) on shares of Dun & Bradstreet in a research report on Tuesday, March 25th. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Seven investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average 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.

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