Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Acquired by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership raised its holdings in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 49.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,506,269 shares of the business services provider's stock after purchasing an additional 500,992 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.34% of Dun & Bradstreet worth $18,768,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in DNB. Amundi lifted its holdings in shares of Dun & Bradstreet by 27.9% in the 4th quarter. Amundi now owns 5,158 shares of the business services provider's stock worth $64,000 after buying an additional 1,126 shares during the period. Xponance Inc. lifted 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 worth $165,000 after acquiring an additional 1,881 shares during the period. Truist Financial Corp grew its holdings in Dun & Bradstreet by 8.7% during the 4th quarter. Truist Financial Corp now owns 24,420 shares of the business services provider's stock worth $304,000 after acquiring an additional 1,958 shares in the last quarter. KBC Group NV grew its holdings in Dun & Bradstreet by 30.2% during the 4th quarter. KBC Group NV now owns 12,861 shares of the business services provider's stock worth $160,000 after acquiring an additional 2,983 shares in the last quarter. Finally, Savant Capital LLC raised its holdings in shares of Dun & Bradstreet by 5.2% in the 4th quarter. Savant Capital LLC now owns 74,983 shares of the business services provider's stock valued at $934,000 after purchasing an additional 3,727 shares in the last quarter. 86.68% of the stock is owned by hedge funds and other institutional investors.

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Dun & Bradstreet Stock Performance

DNB stock traded up $0.22 during midday trading on Wednesday, reaching $8.61. The stock had a trading volume of 59,983,092 shares, compared to its average volume of 4,774,088. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65. Dun & Bradstreet Holdings, Inc. has a 52-week low of $7.78 and a 52-week high of $12.95. The stock has a market cap of $3.84 billion, a PE ratio of -143.48, a P/E/G ratio of 2.21 and a beta of 1.14. The firm has a fifty day simple moving average of $9.39 and a two-hundred day simple moving average of $11.01.

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

Dun & Bradstreet Dividend Announcement

The company 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 was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.32%. Dun & Bradstreet's dividend payout ratio is currently -333.33%.

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 value of $22,475,000.00. Following the sale, the chairman now owns 8,109,644 shares in the company, valued at approximately $72,905,699.56. The trade was a 23.56 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 10.44% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on DNB shares. StockNews.com assumed coverage on shares of Dun & Bradstreet in a research note on Thursday, April 3rd. They set a "hold" rating on the stock. Needham & Company LLC reissued a "hold" rating and issued a $14.00 price target on shares of Dun & Bradstreet in a research report on Monday, March 24th. The Goldman Sachs Group dropped their price objective 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. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Finally, Jefferies Financial Group restated a "hold" rating and issued a $9.15 target price (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. Seven equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, Dun & Bradstreet presently has an average rating of "Hold" and a consensus price target of $11.86.

Dun & Bradstreet Company 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.