82,983 Shares in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas bought a new position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 82,983 shares of the business services provider's stock, valued at approximately $742,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Amundi raised its stake 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 acquiring an additional 1,126 shares in the last quarter. Neo Ivy Capital Management purchased a new stake in Dun & Bradstreet in the 4th quarter worth approximately $96,000. Vest Financial LLC purchased a new stake in Dun & Bradstreet during the 1st quarter valued at approximately $106,000. True Link Financial Advisors LLC purchased a new position in shares of Dun & Bradstreet during the first quarter valued at about $114,000. Finally, Xponance Inc. boosted its position in shares of Dun & Bradstreet by 16.5% during 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 during the period. Institutional investors own 86.68% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on DNB shares. Wall Street Zen started coverage on shares of Dun & Bradstreet in a report on Wednesday, May 21st. They set a "hold" rating on the stock. Raymond James Financial lowered Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a research report on Friday, June 13th. Needham & Company LLC reissued a "hold" rating on shares of Dun & Bradstreet in a report on Friday, May 2nd. Finally, 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. Eight research analysts have rated the stock with a hold rating, According to MarketBeat.com, Dun & Bradstreet presently has an average rating of "Hold" and an average target price of $11.86.

Insider Activity

In other news, Director Chinh Chu sold 10,885,403 shares of the 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 completion of the sale, the director directly owned 23,810 shares of the company's stock, valued at approximately $213,099.50. This represents a 99.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 value of $22,400,000.00. Following the completion of the sale, the chairman directly owned 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. 10.44% of the stock is currently owned by company insiders.

Dun & Bradstreet Trading Down 0.1%

Shares of DNB traded down $0.01 during mid-day trading on Friday, reaching $9.10. 5,746,093 shares of the company were exchanged, compared to its average volume of 6,312,115. The business has a 50 day simple moving average of $9.05 and a two-hundred day simple moving average of $9.56. Dun & Bradstreet Holdings, Inc. has a 52 week low of $7.78 and a 52 week high of $12.95. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.62 and a current ratio of 0.62. The stock has a market capitalization of $4.06 billion, a PE ratio of -182.00 and a beta of 1.12.

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, beating the consensus estimate of $0.20 by $0.01. Dun & Bradstreet had a negative net margin of 0.88% and a positive return on equity of 11.51%. The firm had revenue of $579.80 million during the quarter, compared to analyst estimates of $578.02 million. During the same quarter last year, the business posted $0.20 EPS. The company's revenue for the quarter was up 2.7% on a year-over-year basis. On average, analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.

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.