Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Purchased by California Public Employees Retirement System

California Public Employees Retirement System lifted its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 12.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,264,995 shares of the business services provider’s stock after acquiring an additional 138,432 shares during the period. California Public Employees Retirement System owned approximately 0.29% of Dun & Bradstreet worth $15,762,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Amundi boosted its position in Dun & Bradstreet by 27.9% during the 4th quarter. Amundi now owns 5,158 shares of the business services provider’s stock worth $64,000 after purchasing an additional 1,126 shares during the period. Xponance Inc. grew its stake in shares of Dun & Bradstreet by 16.5% in the fourth quarter. Xponance Inc. now owns 13,252 shares of the business services provider’s stock valued at $165,000 after buying an additional 1,881 shares in the last quarter. Truist Financial Corp raised its holdings in shares of Dun & Bradstreet by 8.7% during the 4th quarter. Truist Financial Corp now owns 24,420 shares of the business services provider’s stock valued at $304,000 after buying an additional 1,958 shares during the period. KBC Group NV lifted its position in Dun & Bradstreet by 30.2% during the 4th quarter. KBC Group NV now owns 12,861 shares of the business services provider’s stock worth $160,000 after acquiring an additional 2,983 shares in the last quarter. Finally, Savant Capital LLC boosted its holdings in Dun & Bradstreet by 5.2% in the 4th quarter. Savant Capital LLC now owns 74,983 shares of the business services provider’s stock worth $934,000 after acquiring an additional 3,727 shares during the period. Institutional investors and hedge funds own 86.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Needham & Company LLC reissued a “hold” rating and set a $14.00 target price on shares of Dun & Bradstreet in a research report on Monday, March 24th. Jefferies Financial Group reiterated a “hold” rating and issued a $9.15 price target (down previously from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. StockNews.com assumed coverage on Dun & Bradstreet in a report on Thursday. They issued a “hold” rating for the company. The Goldman Sachs Group dropped their price target on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a research note on Friday, February 21st. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 target price on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Seven investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.86.

Dun & Bradstreet Trading Down 2.2 %

Dun & Bradstreet stock opened at $8.74 on Friday. Dun & Bradstreet Holdings, Inc. has a 12-month low of $7.78 and a 12-month high of $12.95. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70. The stock has a market capitalization of $3.90 billion, a PE ratio of -145.63, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14. The firm has a 50 day simple moving average of $9.73 and a 200-day simple moving average of $11.11.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The firm had revenue of $631.90 million for the quarter, compared to the consensus estimate of $658.04 million. As a group, equities research analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS 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 issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend was Thursday, March 6th. Dun & Bradstreet’s payout ratio is -333.33%.

Insider Buying and Selling at Dun & Bradstreet

In related news, Chairman William P. Foley II sold 2,500,000 shares of the stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $8.99, for a total transaction of $22,475,000.00. Following the completion of the sale, the chairman now directly owns 8,109,644 shares of the company’s stock, 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 corporate 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.