Nexpoint Asset Management L.P. Has $775,000 Position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Nexpoint Asset Management L.P. grew its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 190.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,196 shares of the business services provider's stock after acquiring an additional 40,793 shares during the period. Nexpoint Asset Management L.P.'s holdings in Dun & Bradstreet were worth $775,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC increased its position in Dun & Bradstreet by 148.9% during the 4th quarter. Jane Street Group LLC now owns 142,099 shares of the business services provider's stock worth $1,771,000 after buying an additional 85,014 shares during the period. Northern Trust Corp boosted its holdings in Dun & Bradstreet by 10.9% in the 4th quarter. Northern Trust Corp now owns 1,659,092 shares of the business services provider's stock valued at $20,672,000 after purchasing an additional 163,692 shares during the period. Voya Investment Management LLC grew its position in shares of Dun & Bradstreet by 47.4% during the 4th quarter. Voya Investment Management LLC now owns 58,858 shares of the business services provider's stock worth $733,000 after purchasing an additional 18,917 shares in the last quarter. Sirios Capital Management L P increased its holdings in shares of Dun & Bradstreet by 926.4% during the fourth quarter. Sirios Capital Management L P now owns 1,217,682 shares of the business services provider's stock worth $15,172,000 after purchasing an additional 1,099,049 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of Dun & Bradstreet by 19.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 181,308 shares of the business services provider's stock valued at $2,260,000 after buying an additional 29,928 shares during the period. Institutional investors and hedge funds own 86.68% of the company's stock.

Insider Activity at Dun & Bradstreet

In other Dun & Bradstreet news, Chairman William P. Foley II sold 2,500,000 shares of the stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $8.99, for a total transaction 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 10.44% of the stock is currently owned by company insiders.

Dun & Bradstreet Price Performance

Shares of NYSE DNB traded up $0.04 during midday trading on Friday, reaching $8.98. 14,155,343 shares of the company were exchanged, compared to its average volume of 5,796,095. The stock's 50-day moving average price is $8.74 and its 200-day moving average price is $10.71. The stock has a market cap of $4.01 billion, a P/E ratio of -149.64, a PEG ratio of 2.21 and a beta of 1.14. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 1.06. 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 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. The firm had revenue of $579.80 million during the quarter, compared to the consensus estimate of $578.02 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The business's quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the company earned $0.20 earnings per share. On average, sell-side analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.20 annualized dividend and a dividend yield of 2.23%. Dun & Bradstreet's dividend payout ratio is -333.33%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on DNB. Needham & Company LLC reaffirmed a "hold" rating on shares of Dun & Bradstreet in a report on Friday. The Goldman Sachs Group decreased their target price on shares of Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a report on Friday, February 21st. StockNews.com assumed coverage on shares of Dun & Bradstreet in a report on Sunday, April 27th. They set a "hold" rating for the company. Jefferies Financial Group reissued a "hold" rating and issued a $9.15 price objective (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $12.00 target price on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Seven equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company presently has an average 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.