Dun & Bradstreet Holdings, Inc. (NYSE:DNB) is Ionic Capital Management LLC's 4th Largest Position

Ionic Capital Management LLC lowered its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 10.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 434,592 shares of the business services provider's stock after selling 48,029 shares during the quarter. Dun & Bradstreet accounts for 0.6% of Ionic Capital Management LLC's investment portfolio, making the stock its 4th largest holding. Ionic Capital Management LLC owned 0.10% of Dun & Bradstreet worth $5,415,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank purchased a new position in shares of Dun & Bradstreet in the 4th quarter worth approximately $42,016,000. Raymond James Financial Inc. bought a new stake in Dun & Bradstreet during the fourth quarter worth $26,817,000. Contour Asset Management LLC purchased a new position in Dun & Bradstreet in the fourth quarter worth $17,018,000. Dimensional Fund Advisors LP grew its stake in Dun & Bradstreet by 8.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider's stock valued at $219,566,000 after purchasing an additional 1,350,263 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Dun & Bradstreet by 2.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider's stock valued at $719,863,000 after purchasing an additional 1,275,959 shares during the last quarter. 86.68% of the stock is owned by hedge funds and other institutional investors.

Dun & Bradstreet Stock Performance

Shares of NYSE DNB traded up $0.01 during midday trading on Friday, hitting $8.99. The company's stock had a trading volume of 7,393,666 shares, compared to its average volume of 6,073,599. The firm has a market capitalization of $4.01 billion, a price-to-earnings ratio of -149.73, a P/E/G ratio of 2.21 and a beta of 1.14. 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 stock has a fifty day moving average price of $8.76 and a 200 day moving average price of $10.58. Dun & Bradstreet Holdings, Inc. has a one year low of $7.78 and a one year high of $12.95.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its earnings results on Thursday, May 1st. The business services provider reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.01. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The firm had revenue of $579.80 million for the quarter, compared to the consensus estimate of $578.02 million. During the same quarter in the prior year, the business posted $0.20 earnings per share. The business's quarterly revenue was up 2.7% on a year-over-year basis. On average, research analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Chinh Chu sold 10,885,403 shares of the business's stock in a transaction that occurred on Thursday, May 8th. The shares were 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 owns 23,810 shares of the company's stock, valued at approximately $213,099.50. The trade was a 99.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman William P. Foley II sold 2,500,000 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The stock was 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 in the company, valued at $50,262,410.24. This trade represents a 30.83% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,885,403 shares of company stock valued at $142,299,357. Corporate insiders own 10.44% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on DNB. Needham & Company LLC reissued a "hold" rating on shares of Dun & Bradstreet in a report on Friday, May 2nd. Jefferies Financial Group reiterated a "hold" rating and issued a $9.15 target price (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. Royal Bank of Canada restated a "sector perform" rating and set a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. The Goldman Sachs Group dropped their price objective on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a research note on Friday, February 21st. Finally, StockNews.com initiated coverage on Dun & Bradstreet in a research report on Tuesday. They issued a "hold" rating for the company. Seven equities research analysts have rated the stock with a hold rating, According to MarketBeat, Dun & Bradstreet currently has a consensus rating of "Hold" and a consensus target price of $11.86.

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.