Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Stock Position Raised by Marshall Wace LLP

Marshall Wace LLP boosted its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 197.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 329,029 shares of the business services provider’s stock after acquiring an additional 218,300 shares during the period. Marshall Wace LLP owned about 0.07% of Dun & Bradstreet worth $4,100,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its holdings in shares of Dun & Bradstreet by 2.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider’s stock worth $719,863,000 after purchasing an additional 1,275,959 shares during the last quarter. FMR LLC lifted its stake in Dun & Bradstreet by 9.7% in the fourth quarter. FMR LLC now owns 12,575,015 shares of the business services provider’s stock valued at $156,685,000 after buying an additional 1,109,940 shares during the last quarter. Geode Capital Management LLC lifted its stake in Dun & Bradstreet by 3.4% in the fourth quarter. Geode Capital Management LLC now owns 4,837,658 shares of the business services provider’s stock valued at $60,298,000 after buying an additional 160,259 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Dun & Bradstreet by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,075,848 shares of the business services provider’s stock valued at $50,785,000 after acquiring an additional 99,795 shares during the period. Finally, Norges Bank acquired a new stake in shares of Dun & Bradstreet in the 4th quarter worth about $42,016,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DNB has been the subject of a number of analyst reports. Jefferies Financial Group reissued a “hold” rating and set a $9.15 target price (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. StockNews.com started coverage on Dun & Bradstreet in a report on Saturday, April 19th. They issued a “hold” rating for the company. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 target price on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Needham & Company LLC reissued a “hold” rating and issued a $14.00 price target on shares of Dun & Bradstreet in a research note on Monday, March 24th. Finally, The Goldman Sachs Group decreased their target price on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a research report on Friday, February 21st. Seven investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $11.86.

Dun & Bradstreet Price Performance

Shares of NYSE DNB opened at $9.14 on Friday. Dun & Bradstreet Holdings, Inc. has a twelve month low of $7.78 and a twelve month high of $12.95. 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 50-day moving average of $8.82 and a two-hundred day moving average of $10.82. The company has a market capitalization of $4.08 billion, a price-to-earnings ratio of -152.22, a PEG ratio of 2.21 and a beta of 1.14.

Dun & Bradstreet (NYSE:DNB) last released its earnings results on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.05). The business 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%. As a group, analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were given a $0.05 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.19%. Dun & Bradstreet’s dividend payout ratio (DPR) is -333.33%.

Insider Buying and Selling

In related news, Chairman William P. Foley II sold 2,500,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $8.99, for a total value of $22,475,000.00. Following the completion of the transaction, the chairman now owns 8,109,644 shares of the company’s stock, valued at approximately $72,905,699.56. This trade represents a 23.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 10.44% of the stock is currently owned by company insiders.

Dun & Bradstreet Company 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.