AXQ Capital LP bought a new stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 31,378 shares of the business services provider's stock, valued at approximately $391,000.
Other hedge funds also recently modified their holdings of the company. 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. Paloma Partners Management Co acquired a new position in shares of Dun & Bradstreet during the 3rd quarter worth about $117,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Dun & Bradstreet in the 3rd quarter valued at about $120,000. Empowered Funds LLC acquired a new stake in shares of Dun & Bradstreet in the 4th quarter valued at approximately $127,000. Finally, New World Advisors LLC bought a new position in Dun & Bradstreet during the 4th quarter worth approximately $143,000. Institutional investors own 86.68% of the company's stock.
Analyst Ratings Changes
DNB has been the topic of a number of recent analyst reports. Huber Research raised shares of Dun & Bradstreet to a "strong sell" rating in a research report on Monday. Needham & Company LLC reiterated a "hold" rating and set a $14.00 target price on shares of Dun & Bradstreet in a report on Monday. Jefferies Financial Group restated a "hold" rating and issued a $9.15 price target (down from $11.00) on shares of Dun & Bradstreet in a report on Tuesday. Royal Bank of Canada reiterated a "sector perform" rating and set a $12.00 price objective on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Finally, The Goldman Sachs Group lowered their target price 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. One research analyst has rated the stock with a sell rating and seven have given a hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $11.86.
View Our Latest Research Report on Dun & Bradstreet
Insider Transactions at Dun & Bradstreet
In related 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 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 10.44% of the company's stock.
Dun & Bradstreet Stock Down 0.1 %
Dun & Bradstreet stock traded down $0.01 during midday trading on Thursday, reaching $8.94. The stock had a trading volume of 16,274,471 shares, compared to its average volume of 3,816,655. Dun & Bradstreet Holdings, Inc. has a 1-year low of $7.78 and a 1-year high of $12.95. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65. The firm's fifty day simple moving average is $10.08 and its 200-day simple moving average is $11.24. The stock has a market capitalization of $3.94 billion, a P/E ratio of -148.89, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19.
Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its quarterly earnings data 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). Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The business had revenue of $631.90 million during the quarter, compared to analyst estimates of $658.04 million. As a group, analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.
Dun & Bradstreet Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were paid 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 2.24%. Dun & Bradstreet's dividend payout ratio is -333.33%.
Dun & Bradstreet Profile
(
Free Report)
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.
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