Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Acquired by Sei Investments Co.

Sei Investments Co. grew its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 11.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,042,236 shares of the business services provider's stock after purchasing an additional 103,088 shares during the quarter. Sei Investments Co. owned approximately 0.24% of Dun & Bradstreet worth $12,986,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Charles Schwab Investment Management Inc. increased its stake in Dun & Bradstreet by 23.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,976,053 shares of the business services provider's stock worth $45,764,000 after buying an additional 760,956 shares in the last quarter. FMR LLC boosted its stake in shares of Dun & Bradstreet by 17.8% in the third quarter. FMR LLC now owns 11,465,075 shares of the business services provider's stock worth $131,963,000 after acquiring an additional 1,733,220 shares during the last quarter. Paloma Partners Management Co purchased a new stake in shares of Dun & Bradstreet during the third quarter worth approximately $117,000. Azora Capital LP raised its stake in Dun & Bradstreet by 119.8% in the 3rd quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider's stock valued at $91,773,000 after purchasing an additional 4,346,033 shares during the last quarter. Finally, HighTower Advisors LLC purchased a new position in Dun & Bradstreet in the 3rd quarter valued at $176,000. Institutional investors and hedge funds own 86.68% of the company's stock.

Dun & Bradstreet Trading Up 0.3 %

Dun & Bradstreet stock traded up $0.03 during mid-day trading on Wednesday, hitting $8.99. The company's stock had a trading volume of 16,980,833 shares, compared to its average volume of 3,962,192. The stock's fifty day moving average is $9.84 and its two-hundred day moving average is $11.15. 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 capitalization of $4.01 billion, a PE ratio of -149.81, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. Dun & Bradstreet Holdings, Inc. has a 1 year low of $7.78 and a 1 year high of $12.95.

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Dun & Bradstreet (NYSE:DNB - Get Free Report) last released its quarterly 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). The business had revenue of $631.90 million for the quarter, compared to analysts' expectations of $658.04 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. On average, analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current year.

Dun & Bradstreet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date was Thursday, March 6th. Dun & Bradstreet's dividend payout ratio (DPR) is -333.33%.

Analysts Set New Price Targets

A number of brokerages have recently commented on DNB. Huber Research upgraded shares of Dun & Bradstreet to a "strong sell" rating in a research report on Monday, March 24th. Jefferies Financial Group reissued 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. The Goldman Sachs Group dropped their price target on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating for the company in a research report on Friday, February 21st. Needham & Company LLC reiterated a "hold" rating and set a $14.00 price objective on shares of Dun & Bradstreet in a research report on Monday, March 24th. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $12.00 target price on shares of Dun & Bradstreet in a report on Wednesday, January 29th. One research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company's stock. According to MarketBeat.com, Dun & Bradstreet currently has a consensus rating of "Hold" and an average price target of $11.86.

Insider Transactions at Dun & Bradstreet

In other Dun & Bradstreet news, Chairman William P. Foley II sold 2,500,000 shares of the business's stock in a transaction that occurred 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 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 through this link. Company 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.