OLD National Bancorp IN Decreases Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

OLD National Bancorp IN cut its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 12.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,027 shares of the business services provider’s stock after selling 2,329 shares during the quarter. OLD National Bancorp IN’s holdings in Dun & Bradstreet were worth $212,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of DNB. KBC Group NV raised its holdings in shares of Dun & Bradstreet by 30.2% in the fourth quarter. KBC Group NV now owns 12,861 shares of the business services provider’s stock worth $160,000 after buying an additional 2,983 shares during the period. Perpetual Ltd grew its stake in shares of Dun & Bradstreet by 46.1% during the 4th quarter. Perpetual Ltd now owns 24,644 shares of the business services provider’s stock worth $307,000 after purchasing an additional 7,773 shares during the period. Park Avenue Securities LLC grew its holdings in Dun & Bradstreet by 15.5% in the fourth quarter. Park Avenue Securities LLC now owns 60,548 shares of the business services provider’s stock valued at $754,000 after purchasing an additional 8,103 shares during the period. Harbor Capital Advisors Inc. boosted its stake in shares of Dun & Bradstreet by 3.6% in the fourth 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. Finally, Geode Capital Management LLC boosted its stake in Dun & Bradstreet by 15.8% during the third quarter. Geode Capital Management LLC now owns 4,677,399 shares of the business services provider’s stock worth $53,853,000 after buying an additional 639,419 shares during the last quarter. 86.68% of the stock is owned by institutional investors.

Dun & Bradstreet Price Performance

Shares of DNB opened at $12.30 on Monday. The company has a market cap of $5.43 billion, a P/E ratio of -153.69, a PEG ratio of 2.73 and a beta of 1.15. The stock has a fifty day moving average price of $12.09 and a 200 day moving average price of $11.75. Dun & Bradstreet Holdings, Inc. has a 12 month low of $8.77 and a 12 month high of $12.94. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The company had revenue of $609.10 million for the quarter, compared to analysts’ expectations of $605.64 million. During the same period last year, the firm earned $0.23 EPS. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. On average, research analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Needham & Company LLC reiterated a “buy” rating and issued a $17.00 price objective on shares of Dun & Bradstreet in a research report on Friday, November 1st. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $13.13.

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.