Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. lowered its holdings in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 34.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,250,436 shares of the business services provider’s stock after selling 1,189,191 shares during the period. Goldman Sachs Group Inc. owned about 0.51% of Dun & Bradstreet worth $26,330,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust grew its holdings in shares of Dun & Bradstreet by 7,260.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,797 shares of the business services provider’s stock worth $33,000 after buying an additional 2,759 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Dun & Bradstreet by 100.7% during the fourth quarter. Signaturefd LLC now owns 3,541 shares of the business services provider’s stock worth $41,000 after buying an additional 1,777 shares in the last quarter. Corton Capital Inc. purchased a new stake in shares of Dun & Bradstreet during the third quarter worth about $105,000. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Dun & Bradstreet during the third quarter worth about $111,000. Finally, OLD National Bancorp IN purchased a new stake in shares of Dun & Bradstreet during the fourth quarter worth about $205,000. Institutional investors and hedge funds own 86.68% of the company’s stock.

Dun & Bradstreet Price Performance

Dun & Bradstreet stock opened at $9.19 on Monday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.62 and a current ratio of 0.62. Dun & Bradstreet Holdings, Inc. has a 1 year low of $8.68 and a 1 year high of $12.62. The firm has a 50 day moving average price of $9.66 and a 200 day moving average price of $10.45. The company has a market cap of $4.07 billion, a price-to-earnings ratio of -114.88, a PEG ratio of 2.42 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, May 2nd. The business services provider reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.01. Dun & Bradstreet had a negative net margin of 1.56% and a positive return on equity of 10.99%. The company had revenue of $564.50 million during the quarter, compared to the consensus estimate of $567.77 million. Sell-side analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.89 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, June 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.18%. Dun & Bradstreet’s payout ratio is currently -250.00%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group lowered their price target on shares of Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating for the company in a report on Friday, April 12th. Needham & Company LLC restated a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a report on Tuesday, May 14th. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $13.64.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.