Russell Investments Group Ltd. Cuts Stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Russell Investments Group Ltd. reduced its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 28.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 116,278 shares of the business services provider's stock after selling 45,752 shares during the quarter. Russell Investments Group Ltd.'s holdings in Dun & Bradstreet were worth $1,449,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. HighTower Advisors LLC acquired a new stake in Dun & Bradstreet during the 3rd quarter worth approximately $176,000. Stifel Financial Corp grew its position in Dun & Bradstreet by 21.1% during the 3rd quarter. Stifel Financial Corp now owns 67,502 shares of the business services provider's stock worth $777,000 after purchasing an additional 11,753 shares during the last quarter. MML Investors Services LLC grew its position in Dun & Bradstreet by 62.2% during the 3rd quarter. MML Investors Services LLC now owns 27,795 shares of the business services provider's stock worth $320,000 after purchasing an additional 10,658 shares during the last quarter. Barclays PLC grew its position in Dun & Bradstreet by 144.9% during the 3rd quarter. Barclays PLC now owns 1,192,700 shares of the business services provider's stock worth $13,728,000 after purchasing an additional 705,707 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Dun & Bradstreet by 15.8% in the third quarter. Geode Capital Management LLC now owns 4,677,399 shares of the business services provider's stock valued at $53,853,000 after acquiring an additional 639,419 shares in the last quarter. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Dun & Bradstreet Price Performance

NYSE:DNB traded up $0.01 during trading hours on Thursday, reaching $9.15. 1,361,168 shares of the company traded hands, compared to its average volume of 5,291,134. The firm's 50-day moving average is $8.85 and its 200-day moving average is $10.83. The stock has a market cap of $4.08 billion, a P/E ratio of -152.39, a P/E/G ratio of 2.21 and a beta of 1.14. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70. Dun & Bradstreet Holdings, Inc. has a 1-year low of $7.78 and a 1-year high of $12.95.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last announced its earnings results on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.32 by ($0.05). The company had revenue of $631.90 million for 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%. Equities research analysts expect 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 declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date of this dividend was Thursday, March 6th. Dun & Bradstreet's dividend payout ratio is presently -333.33%.

Analysts Set New Price Targets

Several analysts have recently weighed in on DNB shares. Jefferies Financial Group reaffirmed a "hold" rating and issued a $9.15 target price (down previously from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. Royal Bank of Canada restated a "sector perform" rating and set a $12.00 target price on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Needham & Company LLC reiterated a "hold" rating and set a $14.00 price target on shares of Dun & Bradstreet in a research report on Monday, March 24th. StockNews.com assumed coverage on Dun & Bradstreet in a report on Saturday, April 19th. They issued a "hold" rating on the stock. Finally, The Goldman Sachs Group lowered their price target on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a report on Friday, February 21st. Seven equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $11.86.

Insiders Place Their Bets

In other Dun & Bradstreet news, Chairman William P. Foley II sold 2,500,000 shares of the 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 transaction, the chairman now owns 8,109,644 shares of the company's stock, valued at $72,905,699.56. This represents a 23.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 10.44% of the company's stock.

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.