Confluence Investment Management LLC Sells 105,897 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Confluence Investment Management LLC reduced its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,957,132 shares of the business services provider's stock after selling 105,897 shares during the period. Confluence Investment Management LLC owned approximately 0.90% of Dun & Bradstreet worth $49,306,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Blue Trust Inc. grew its position in Dun & Bradstreet by 28.2% during the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider's stock worth $67,000 after buying an additional 1,284 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of Dun & Bradstreet by 85.1% during the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider's stock worth $81,000 after purchasing an additional 4,000 shares in the last quarter. Xponance Inc. bought a new stake in shares of Dun & Bradstreet during the second quarter valued at approximately $100,000. KBC Group NV raised its stake in shares of Dun & Bradstreet by 33.9% in the third quarter. KBC Group NV now owns 9,878 shares of the business services provider's stock valued at $114,000 after purchasing an additional 2,499 shares in the last quarter. Finally, Paloma Partners Management Co bought a new position in Dun & Bradstreet in the third quarter worth $117,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Barclays boosted their price target on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an "equal weight" rating in a report on Friday, September 13th. Needham & Company LLC reissued a "buy" rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research note on Friday, November 1st. Finally, StockNews.com raised shares of Dun & Bradstreet from a "sell" rating to a "hold" rating in a research report on Wednesday, October 2nd. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Dun & Bradstreet currently has a consensus rating of "Moderate Buy" and a consensus price target of $13.83.

Dun & Bradstreet Price Performance

Shares of Dun & Bradstreet stock traded down $0.11 during mid-day trading on Thursday, reaching $12.35. 2,958,819 shares of the stock were exchanged, compared to its average volume of 3,242,353. The company has a market cap of $5.45 billion, a price-to-earnings ratio of -154.38, a price-to-earnings-growth ratio of 3.44 and a beta of 1.16. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $8.77 and a fifty-two week high of $12.94. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The firm has a 50-day simple moving average of $12.19 and a 200 day simple moving average of $11.37.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The company had revenue of $609.10 million during the quarter, compared to analyst estimates of $605.64 million. During the same quarter last year, the business posted $0.23 earnings per share. The company's revenue was up 3.5% on a year-over-year basis. On average, sell-side analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.88 EPS for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date was Thursday, December 5th. Dun & Bradstreet's dividend payout ratio is presently -250.00%.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.