Dimensional Fund Advisors LP Raises Position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Dimensional Fund Advisors LP raised its holdings in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 8.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 17,622,318 shares of the business services provider’s stock after acquiring an additional 1,350,263 shares during the period. Dimensional Fund Advisors LP’s holdings in Dun & Bradstreet were worth $219,566,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. HighTower Advisors LLC purchased a new position in shares of Dun & Bradstreet during the third quarter worth about $176,000. Stifel Financial Corp grew its stake in Dun & Bradstreet by 21.1% in the 3rd quarter. Stifel Financial Corp now owns 67,502 shares of the business services provider’s stock worth $777,000 after buying an additional 11,753 shares in the last quarter. MML Investors Services LLC increased its holdings in shares of Dun & Bradstreet by 62.2% in the 3rd quarter. MML Investors Services LLC now owns 27,795 shares of the business services provider’s stock worth $320,000 after buying an additional 10,658 shares during the last quarter. Barclays PLC raised its position in shares of Dun & Bradstreet by 144.9% during the 3rd quarter. Barclays PLC now owns 1,192,700 shares of the business services provider’s stock valued at $13,728,000 after buying an additional 705,707 shares in the last quarter. Finally, Harbor Capital Advisors Inc. lifted its holdings in shares of Dun & Bradstreet by 3.6% during the 4th quarter. Harbor Capital Advisors Inc. now owns 1,209,101 shares of the business services provider’s stock worth $15,065,000 after acquiring an additional 42,320 shares during the last quarter. 86.68% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Insider Activity at Dun & Bradstreet

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

Dun & Bradstreet Trading Up 1.0 %

NYSE:DNB opened at $8.79 on Wednesday. The firm has a market capitalization of $3.92 billion, a P/E ratio of -146.39, a P/E/G ratio of 2.21 and a beta of 1.14. Dun & Bradstreet Holdings, Inc. has a 52 week low of $7.78 and a 52 week high of $12.95. 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 fifty day moving average of $8.88 and a 200 day moving average of $10.84.

Dun & Bradstreet (NYSE:DNB) last posted its earnings results 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 business had revenue of $631.90 million during the quarter, compared to the consensus estimate of $658.04 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. On average, research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current year.

Dun & Bradstreet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.20 annualized dividend and a yield of 2.28%. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -333.33%.

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.