Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Holdings Decreased by CenterBook Partners LP

CenterBook Partners LP trimmed its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 24.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 351,907 shares of the business services provider’s stock after selling 111,402 shares during the quarter. CenterBook Partners LP owned about 0.08% of Dun & Bradstreet worth $4,385,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in DNB. Amundi increased its position in shares of Dun & Bradstreet by 27.9% in the fourth quarter. Amundi now owns 5,158 shares of the business services provider’s stock worth $64,000 after acquiring an additional 1,126 shares in the last quarter. Empowered Funds LLC acquired a new position in Dun & Bradstreet during the fourth quarter worth $127,000. Y Intercept Hong Kong Ltd bought a new position in shares of Dun & Bradstreet in the 3rd quarter valued at approximately $120,000. New World Advisors LLC bought a new position in shares of Dun & Bradstreet in the fourth quarter valued at approximately $143,000. Finally, 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 during the last quarter. 86.68% of the stock is currently owned by institutional investors.

Dun & Bradstreet Trading Up 2.6 %

Shares of DNB stock opened at $8.61 on Thursday. Dun & Bradstreet Holdings, Inc. has a 12-month low of $7.78 and a 12-month high of $12.95. The firm has a 50-day moving average price of $9.39 and a 200 day moving average price of $11.01. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $3.84 billion, a P/E ratio of -143.48, a P/E/G ratio of 2.21 and a beta of 1.14.

Dun & Bradstreet (NYSE:DNB) last released 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 business had revenue of $631.90 million during the quarter, compared to the consensus estimate of $658.04 million. Research analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on DNB shares. StockNews.com started coverage on Dun & Bradstreet in a report on Thursday, April 3rd. They issued a “hold” rating on the stock. The Goldman Sachs Group dropped their target price on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research report on Friday, February 21st. Needham & Company LLC reissued a “hold” rating and issued a $14.00 price target on shares of Dun & Bradstreet in a report on Monday, March 24th. Jefferies Financial Group restated a “hold” rating and set a $9.15 price objective (down previously from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price objective on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Seven research analysts have rated the stock with a hold rating, According to data from MarketBeat, Dun & Bradstreet currently has a consensus rating of “Hold” and a consensus target price of $11.86.

Insider Buying and Selling

In other news, Chairman William P. Foley II sold 2,500,000 shares of the firm’s stock in a transaction dated 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 10.44% of the stock is currently owned by corporate insiders.

About Dun & Bradstreet

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.