Shapiro Capital Management LLC Sells 433,294 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Shapiro Capital Management LLC lessened its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 5.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,890,251 shares of the business services provider's stock after selling 433,294 shares during the period. Dun & Bradstreet makes up 3.3% of Shapiro Capital Management LLC's holdings, making the stock its 11th largest position. Shapiro Capital Management LLC owned about 1.79% of Dun & Bradstreet worth $98,313,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Steward Partners Investment Advisory LLC raised its position in shares of Dun & Bradstreet by 7,875.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 32,299 shares of the business services provider's stock worth $402,000 after purchasing an additional 31,894 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of Dun & Bradstreet during the fourth quarter worth $323,000. Charles Schwab Investment Management Inc. raised its position in shares of Dun & Bradstreet by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,075,848 shares of the business services provider's stock worth $50,785,000 after purchasing an additional 99,795 shares during the period. Bank of New York Mellon Corp raised its position in shares of Dun & Bradstreet by 9.3% during the fourth quarter. Bank of New York Mellon Corp now owns 1,657,713 shares of the business services provider's stock worth $20,655,000 after purchasing an additional 141,054 shares during the period. Finally, Park Avenue Securities LLC raised its position in shares of Dun & Bradstreet by 15.5% during the fourth quarter. Park Avenue Securities LLC now owns 60,548 shares of the business services provider's stock worth $754,000 after purchasing an additional 8,103 shares during the period. Institutional investors own 86.68% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on DNB shares. The Goldman Sachs Group cut 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. StockNews.com began coverage on Dun & Bradstreet in a report on Tuesday, May 13th. They set a "hold" rating on the stock. Jefferies Financial Group reiterated a "hold" rating and set a $9.15 price target (down previously from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. Needham & Company LLC reiterated a "hold" rating on shares of Dun & Bradstreet in a report on Friday, May 2nd. Finally, Royal Bank of Canada reiterated a "sector perform" rating and set a $12.00 price target on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Seven investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $11.86.

Insider Buying and Selling at Dun & Bradstreet

In other news, Chairman William P. Foley II sold 2,500,000 shares of the company's stock in a transaction dated Tuesday, March 25th. The stock was 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 in the company, valued at approximately $72,905,699.56. This represents a 23.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Chinh Chu sold 10,885,403 shares of the company's stock in a transaction dated 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 now owns 23,810 shares of the company's stock, valued at approximately $213,099.50. This trade represents a 99.78% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 15,885,403 shares of company stock worth $142,299,357 over the last 90 days. 10.44% of the stock is currently owned by corporate insiders.

Dun & Bradstreet Stock Up 0.1%

NYSE DNB traded up $0.01 on Monday, reaching $8.98. The stock had a trading volume of 6,175,071 shares, compared to its average volume of 6,091,209. The business has a 50 day moving average price of $8.78 and a 200 day moving average price of $10.56. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06. Dun & Bradstreet Holdings, Inc. has a 1 year low of $7.78 and a 1 year high of $12.95. The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of -149.64, 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, May 1st. The business services provider reported $0.21 EPS for the quarter, beating analysts' consensus estimates 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 previous year, the company posted $0.20 earnings per share. The business's quarterly revenue was up 2.7% compared to the same quarter last year. On average, analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

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.