First Trust Advisors LP Trims Stock Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

First Trust Advisors LP cut its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 4.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,995,456 shares of the business services provider's stock after selling 85,678 shares during the quarter. First Trust Advisors LP owned 0.45% of Dun & Bradstreet worth $24,863,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Amundi grew its holdings in Dun & Bradstreet by 27.9% during the 4th quarter. Amundi now owns 5,158 shares of the business services provider's stock worth $64,000 after acquiring an additional 1,126 shares during the last quarter. Empowered Funds LLC acquired a new stake in Dun & Bradstreet during the 4th quarter valued at approximately $127,000. New World Advisors LLC bought a new position in Dun & Bradstreet during the 4th quarter worth approximately $143,000. KBC Group NV lifted its position in shares of Dun & Bradstreet by 30.2% in the 4th quarter. KBC Group NV now owns 12,861 shares of the business services provider's stock worth $160,000 after purchasing an additional 2,983 shares during the period. Finally, Xponance Inc. increased 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 worth $165,000 after buying an additional 1,881 shares during the period. 86.68% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Chairman William P. Foley II sold 2,500,000 shares of the company's stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $8.99, for a total value 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 approximately $72,905,699.56. This represents a 23.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 10.44% of the company's stock.

Analyst Upgrades and Downgrades

DNB has been the topic of a number of research analyst reports. The Goldman Sachs Group cut 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 reaffirmed a "hold" rating and set a $14.00 target price on shares of Dun & Bradstreet in a research note on Monday, March 24th. StockNews.com initiated coverage on Dun & Bradstreet in a research note on Sunday. They issued a "hold" rating on the stock. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Finally, 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 note on Tuesday, March 25th. Seven equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $11.86.

Dun & Bradstreet Stock Performance

Shares of DNB stock traded down $0.04 during trading hours on Thursday, hitting $8.94. 4,485,100 shares of the company were exchanged, compared to its average volume of 5,687,300. Dun & Bradstreet Holdings, Inc. has a 52-week low of $7.78 and a 52-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 firm has a fifty day simple moving average of $8.75 and a 200 day simple moving average of $10.75. The stock has a market capitalization of $3.99 billion, a price-to-earnings ratio of -148.89, a P/E/G ratio of 2.21 and a beta of 1.14.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last issued its earnings results on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.05). Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The company had revenue of $631.90 million during the quarter, compared to the consensus estimate of $658.04 million. Research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend was Thursday, March 6th. Dun & Bradstreet's payout ratio is currently -333.33%.

Dun & Bradstreet 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.