Vulcan Value Partners LLC Sells 281,061 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Vulcan Value Partners LLC cut its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 9.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,729,884 shares of the business services provider's stock after selling 281,061 shares during the quarter. Vulcan Value Partners LLC owned 0.62% of Dun & Bradstreet worth $34,014,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Amundi raised its holdings in shares of Dun & Bradstreet by 27.9% in the fourth quarter. Amundi now owns 5,158 shares of the business services provider's stock valued at $64,000 after purchasing an additional 1,126 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Dun & Bradstreet during the 4th quarter worth about $127,000. New World Advisors LLC acquired a new stake in shares of Dun & Bradstreet in the fourth quarter valued at about $143,000. KBC Group NV boosted its position in Dun & Bradstreet by 30.2% during the fourth quarter. KBC Group NV now owns 12,861 shares of the business services provider's stock valued at $160,000 after purchasing an additional 2,983 shares during the last quarter. Finally, Xponance Inc. grew its stake in Dun & Bradstreet by 16.5% in the fourth quarter. Xponance Inc. now owns 13,252 shares of the business services provider's stock valued at $165,000 after purchasing an additional 1,881 shares in the last quarter. Institutional investors and hedge funds own 86.68% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on DNB shares. The Goldman Sachs Group cut their price objective on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating for the company in a report on Friday, February 21st. Needham & Company LLC reiterated a "hold" rating and issued a $14.00 price target on shares of Dun & Bradstreet in a research note on Monday, March 24th. StockNews.com initiated coverage on Dun & Bradstreet in a research report on Sunday. They set a "hold" rating on the stock. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $12.00 price target on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Finally, 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 report on Tuesday, March 25th. Seven research analysts have rated the stock with a hold rating, According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $11.86.

Insiders Place Their Bets

In related news, Chairman William P. Foley II sold 2,500,000 shares of the business's stock in a transaction on 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 sale, the chairman now owns 8,109,644 shares in the company, valued at $72,905,699.56. The trade was a 23.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 10.44% of the company's stock.

Dun & Bradstreet Stock Performance

Dun & Bradstreet stock traded down $0.01 during midday trading on Thursday, hitting $8.97. The company's stock had a trading volume of 12,019,571 shares, compared to its average volume of 11,033,589. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70. The company has a market cap of $4.00 billion, a price-to-earnings ratio of -149.39, a PEG ratio of 2.21 and a beta of 1.14. Dun & Bradstreet Holdings, Inc. has a 1-year low of $7.78 and a 1-year high of $12.94. The company has a 50-day moving average price of $8.75 and a two-hundred day moving average price of $10.75.

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

Dun & Bradstreet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.23%. Dun & Bradstreet's dividend payout ratio (DPR) 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.