Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Purchased by Sirios Capital Management L P

Sirios Capital Management L P grew its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 926.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,217,682 shares of the business services provider's stock after purchasing an additional 1,099,049 shares during the quarter. Dun & Bradstreet accounts for 2.7% of Sirios Capital Management L P's investment portfolio, making the stock its 14th biggest position. Sirios Capital Management L P owned 0.28% of Dun & Bradstreet worth $15,172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of DNB. Norges Bank purchased a new position in Dun & Bradstreet in the 4th quarter worth approximately $42,016,000. Raymond James Financial Inc. acquired a new position in shares of Dun & Bradstreet during the fourth quarter worth $26,817,000. Dimensional Fund Advisors LP boosted its stake in shares of Dun & Bradstreet by 8.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider's stock valued at $219,566,000 after purchasing an additional 1,350,263 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Dun & Bradstreet by 2.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider's stock valued at $719,863,000 after purchasing an additional 1,275,959 shares in the last quarter. Finally, FMR LLC increased its stake in Dun & Bradstreet by 9.7% during the 4th quarter. FMR LLC now owns 12,575,015 shares of the business services provider's stock worth $156,685,000 after buying an additional 1,109,940 shares during the period. Hedge funds and other institutional investors own 86.68% of the company's stock.

Dun & Bradstreet Trading Up 1.0 %

Shares of NYSE:DNB opened at $8.79 on Wednesday. Dun & Bradstreet Holdings, Inc. has a twelve month low of $7.78 and a twelve month high of $12.95. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06. The firm has a market cap of $3.92 billion, a P/E ratio of -146.39, a P/E/G ratio of 2.21 and a beta of 1.14. The company has a 50 day moving average of $8.88 and a 200-day moving average of $10.84.

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 for the quarter, missing analysts' consensus estimates of $0.32 by ($0.05). Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The firm had revenue of $631.90 million during the quarter, compared to analyst estimates of $658.04 million. As a group, analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were issued a $0.05 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.28%. Dun & Bradstreet's payout ratio is currently -333.33%.

Wall Street Analyst Weigh In

DNB has been the subject of several recent analyst reports. 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. Jefferies Financial Group restated a "hold" rating and set a $9.15 price objective (down from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. StockNews.com started coverage on shares of Dun & Bradstreet in a research note on Saturday. They set a "hold" rating on the stock. Royal Bank of Canada reiterated a "sector perform" rating and issued a $12.00 target price on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Finally, Needham & Company LLC reissued a "hold" rating and set a $14.00 price target on shares of Dun & Bradstreet in a research report on Monday, March 24th. Seven analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $11.86.

Insider Activity at Dun & Bradstreet

In other 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 directly owns 8,109,644 shares of the company's stock, valued at $72,905,699.56. The trade was a 23.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 10.44% of the company's stock.

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.

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