Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Sold by Wintrust Investments LLC

Wintrust Investments LLC cut its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 53.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,310 shares of the business services provider’s stock after selling 3,795 shares during the quarter. Wintrust Investments LLC’s holdings in Dun & Bradstreet were worth $41,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Amundi increased its position in shares of 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 last quarter. KBC Group NV increased its position in shares of Dun & Bradstreet by 33.9% during the 3rd quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after purchasing an additional 2,499 shares during the last quarter. Paloma Partners Management Co acquired a new stake in shares of Dun & Bradstreet during the 3rd quarter worth about $117,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Dun & Bradstreet during the 3rd quarter worth about $120,000. Finally, Empowered Funds LLC acquired a new stake in shares of Dun & Bradstreet during the 4th quarter worth about $127,000. 86.68% of the stock is owned by institutional investors and hedge funds.

Dun & Bradstreet Stock Performance

NYSE DNB opened at $7.89 on Friday. The stock has a 50-day moving average of $10.62 and a two-hundred day moving average of $11.45. 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 company has a market cap of $3.48 billion, a P/E ratio of -131.39, a P/E/G 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 $12.94.

Dun & Bradstreet (NYSE:DNB) last announced 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%. As a group, analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.54%. The ex-dividend date is Thursday, March 6th. Dun & Bradstreet’s payout ratio is presently -333.33%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DNB. The Goldman Sachs Group cut their price objective 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. Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Finally, Needham & Company LLC dropped their target price on Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Dun & Bradstreet currently has a consensus rating of “Hold” and an average target price of $12.50.

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.