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

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

Several other institutional investors also recently modified their holdings of DNB. Amundi raised its holdings in shares of 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 during the period. Neo Ivy Capital Management purchased a new position in shares of Dun & Bradstreet in the fourth quarter valued at $96,000. Vest Financial LLC purchased a new stake in Dun & Bradstreet during the 1st quarter worth about $106,000. True Link Financial Advisors LLC bought a new stake in shares of Dun & Bradstreet during the first quarter valued at about $114,000. Finally, Brown Miller Wealth Management LLC purchased a new stake in shares of Dun & Bradstreet in the first quarter worth about $122,000. 86.68% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Jefferies Financial Group reiterated 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. Needham & Company LLC reaffirmed a "hold" rating on shares of Dun & Bradstreet in a research note on Friday, May 2nd. Wall Street Zen initiated coverage on Dun & Bradstreet in a report on Wednesday, May 21st. They issued a "hold" rating for the company. Finally, Raymond James Financial cut Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a report on Friday, June 13th. Eight investment analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $11.86.

Dun & Bradstreet Price Performance

NYSE DNB traded down $0.02 during trading on Thursday, hitting $9.11. 3,140,115 shares of the stock traded hands, compared to its average volume of 6,289,600. The company has a market capitalization of $4.06 billion, a P/E ratio of -182.10 and a beta of 1.12. Dun & Bradstreet Holdings, Inc. has a 12-month low of $7.78 and a 12-month high of $12.95. The firm has a 50-day simple moving average of $9.05 and a 200-day simple moving average of $9.61. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 1.06.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last released its quarterly earnings results 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 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 analysts' expectations of $578.02 million. During the same period in the previous year, the company earned $0.20 EPS. The firm's revenue for the quarter was up 2.7% compared to the same quarter last year. As a group, analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current year.

Insider Buying and Selling

In other Dun & Bradstreet news, Director Chinh Chu sold 10,885,403 shares of the stock in a transaction 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 sale, the director owned 23,810 shares in the company, valued at $213,099.50. This trade represents a 99.78% decrease in their ownership of the stock. The transaction 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 the business's stock in a transaction 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 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 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.