Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Sold by Shapiro Capital Management LLC

Shapiro Capital Management LLC lowered its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 5.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,890,251 shares of the business services provider's stock after selling 433,294 shares during the quarter. Dun & Bradstreet makes up about 3.3% of Shapiro Capital Management LLC's investment portfolio, making the stock its 11th largest position. Shapiro Capital Management LLC owned approximately 1.79% of Dun & Bradstreet worth $98,313,000 at the end of the most recent reporting period.

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

Dun & Bradstreet Price Performance

Shares of DNB stock traded down $0.03 during mid-day trading on Wednesday, hitting $8.99. 2,324,113 shares of the stock were exchanged, compared to its average volume of 11,100,144. The firm has a fifty day moving average of $8.82 and a 200 day moving average of $10.53. Dun & Bradstreet Holdings, Inc. has a 52-week low of $7.78 and a 52-week high of $12.94. The company has a market cap of $4.01 billion, a PE ratio of -149.73, a price-to-earnings-growth 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 (NYSE:DNB - Get Free Report) last announced its quarterly 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. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The business had revenue of $579.80 million for the quarter, compared to analyst estimates of $578.02 million. During the same quarter in the prior year, the company posted $0.20 EPS. The company's quarterly revenue was up 2.7% on a year-over-year basis. Research analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current year.

Insider Activity at Dun & Bradstreet

In related news, Chairman William P. Foley II sold 2,500,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $8.99, for a total value of $22,475,000.00. Following the completion of the transaction, the chairman now directly owns 8,109,644 shares of the company's stock, valued at $72,905,699.56. This trade represents a 23.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Chinh Chu sold 10,885,403 shares of the business's stock in a transaction dated 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 directly owns 23,810 shares of the company's stock, valued at $213,099.50. The trade was a 99.78% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,885,403 shares of company stock valued at $142,299,357 in the last three months. 10.44% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. StockNews.com began coverage on Dun & Bradstreet in a research report on Wednesday. They issued a "hold" rating on the stock. The Goldman Sachs Group dropped their target price on 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 reiterated a "hold" rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Jefferies Financial Group reissued a "hold" rating and set a $9.15 price objective (down previously from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. Finally, Royal Bank of Canada reissued a "sector perform" rating and issued a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Seven analysts have rated the stock with a hold rating, According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target 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.