AGF Management Ltd. Invests $2.55 Million in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

AGF Management Ltd. purchased a new stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 204,558 shares of the business services provider's stock, valued at approximately $2,549,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Dun & Bradstreet by 19.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 65,279 shares of the business services provider's stock worth $813,000 after acquiring an additional 10,458 shares during the period. Amundi grew its stake in shares of Dun & Bradstreet by 27.9% during the fourth quarter. Amundi now owns 5,158 shares of the business services provider's stock worth $64,000 after purchasing an additional 1,126 shares during the period. Raymond James Financial Inc. bought a new stake in Dun & Bradstreet in the fourth quarter valued at about $26,817,000. Aigen Investment Management LP acquired a new position in Dun & Bradstreet in the fourth quarter valued at about $245,000. Finally, Proficio Capital Partners LLC bought a new position in Dun & Bradstreet during the fourth quarter worth about $323,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently commented on DNB shares. The Goldman Sachs Group lowered their price target on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating for the company in a research note on Friday, February 21st. Needham & Company LLC cut their target price on shares of Dun & Bradstreet from $17.00 to $14.00 and set a "buy" rating on the stock in a report on Friday, February 21st. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $12.00 price target on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Dun & Bradstreet has an average rating of "Hold" and an average price target of $12.50.

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Dun & Bradstreet Stock Up 2.5 %

DNB traded up $0.21 during trading on Monday, reaching $8.27. The company had a trading volume of 2,579,686 shares, compared to its average volume of 3,310,111. The company has a market cap of $3.65 billion, a P/E ratio of -137.73, a PEG ratio of 2.21 and a beta of 1.19. Dun & Bradstreet Holdings, Inc. has a 12 month low of $7.78 and a 12 month high of $12.95. 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 business's fifty day moving average price is $10.54 and its 200 day moving average price is $11.42.

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

Dun & Bradstreet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.42%. Dun & Bradstreet's payout ratio is presently -333.33%.

About Dun & Bradstreet

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.