Arrowstreet Capital Limited Partnership Has $18.77 Million Stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Arrowstreet Capital Limited Partnership boosted its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 49.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,506,269 shares of the business services provider’s stock after acquiring an additional 500,992 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.34% of Dun & Bradstreet worth $18,768,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in DNB. Norges Bank acquired a new position in shares of Dun & Bradstreet during the 4th quarter worth approximately $42,016,000. Raymond James Financial Inc. acquired a new position in shares of Dun & Bradstreet in the fourth quarter valued at $26,817,000. Barclays PLC increased its holdings in shares of Dun & Bradstreet by 144.9% in the third quarter. Barclays PLC now owns 1,192,700 shares of the business services provider’s stock valued at $13,728,000 after purchasing an additional 705,707 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Dun & Bradstreet by 15.8% in the third quarter. Geode Capital Management LLC now owns 4,677,399 shares of the business services provider’s stock valued at $53,853,000 after purchasing an additional 639,419 shares during the period. Finally, State Street Corp lifted its stake in shares of Dun & Bradstreet by 9.8% during the 3rd quarter. State Street Corp now owns 5,227,336 shares of the business services provider’s stock worth $60,167,000 after buying an additional 468,027 shares during the last quarter. Institutional investors and hedge funds own 86.68% of the company’s stock.

Dun & Bradstreet Trading Down 2.2 %

Shares of NYSE:DNB opened at $8.74 on Friday. The company has a market capitalization of $3.90 billion, a P/E ratio of -145.63, a P/E/G ratio of 2.21 and a beta of 1.14. 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 business’s 50 day simple moving average is $9.73 and its 200 day simple moving average is $11.11. Dun & Bradstreet Holdings, Inc. has a 1 year low of $7.78 and a 1 year high of $12.95.

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

Dun & Bradstreet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date was Thursday, March 6th. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -333.33%.

Insider Buying and Selling

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 completion of the sale, 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 currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on DNB shares. Jefferies Financial Group reissued a “hold” rating and issued a $9.15 price target (down from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. StockNews.com started coverage on Dun & Bradstreet in a report on Thursday. They set a “hold” rating for the company. The Goldman Sachs Group reduced their price target on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a research note on Friday, February 21st. Royal Bank of Canada reiterated 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 reissued a “hold” rating and issued a $14.00 target price on shares of Dun & Bradstreet in a research report on Monday, March 24th. Seven analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $11.86.

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.