Vanguard Group Inc. Cuts Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Vanguard Group Inc. lessened its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,351,985 shares of the business services provider's stock after selling 602,202 shares during the quarter. Vanguard Group Inc. owned about 7.33% of Dun & Bradstreet worth $403,106,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in DNB. Amundi lifted its holdings in Dun & Bradstreet by 27.9% in the 4th quarter. Amundi now owns 5,158 shares of the business services provider's stock valued at $64,000 after purchasing an additional 1,126 shares in the last quarter. Paloma Partners Management Co acquired a new stake in shares of Dun & Bradstreet in the third quarter valued at about $117,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Dun & Bradstreet in the third quarter worth about $120,000. Empowered Funds LLC acquired a new position in Dun & Bradstreet during the fourth quarter worth about $127,000. Finally, New World Advisors LLC purchased a new stake in Dun & Bradstreet during the 4th quarter valued at about $143,000. 86.68% of the stock is owned by institutional investors and hedge funds.

Dun & Bradstreet Trading Down 1.3 %

NYSE:DNB traded down $0.11 on Monday, reaching $8.62. The company's stock had a trading volume of 34,908,824 shares, compared to its average volume of 4,388,876. The firm has a market cap of $3.85 billion, a price-to-earnings ratio of -143.58, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 1.06. Dun & Bradstreet Holdings, Inc. has a 12-month low of $7.78 and a 12-month high of $12.95. The stock has a 50 day moving average price of $9.67 and a 200 day moving average price of $11.09.

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Dun & Bradstreet (NYSE:DNB - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.05). The company had revenue of $631.90 million during the quarter, compared to analysts' expectations of $658.04 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. On average, equities analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.32%. Dun & Bradstreet's payout ratio is currently -333.33%.

Analyst Upgrades and Downgrades

DNB has been the topic of a number of research reports. Royal Bank of Canada reissued a "sector perform" rating and issued a $12.00 target price on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. StockNews.com initiated coverage on Dun & Bradstreet in a research note on Thursday. They set a "hold" rating on the stock. Needham & Company LLC reaffirmed a "hold" rating and issued a $14.00 target price on shares of Dun & Bradstreet in a research note on Monday, March 24th. The Goldman Sachs Group reduced 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. Finally, Jefferies Financial Group reissued a "hold" rating and issued a $9.15 price objective (down previously from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. Seven equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $11.86.

Insider Activity at Dun & Bradstreet

In other Dun & Bradstreet news, Chairman William P. Foley II sold 2,500,000 shares of the company'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 transaction, the chairman now directly owns 8,109,644 shares in the company, valued at $72,905,699.56. This represents a 23.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 10.44% of the stock is owned by insiders.

Dun & Bradstreet 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.