25,917 Shares in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 25,917 shares of the business services provider’s stock, valued at approximately $323,000.

Other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC lifted its holdings in shares of Dun & Bradstreet by 17.8% in the third quarter. FMR LLC now owns 11,465,075 shares of the business services provider’s stock valued at $131,963,000 after purchasing an additional 1,733,220 shares in the last quarter. Azora Capital LP lifted its stake in Dun & Bradstreet by 119.8% in the 3rd quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock valued at $91,773,000 after buying an additional 4,346,033 shares in the last quarter. State Street Corp grew its holdings in 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 valued at $60,167,000 after buying an additional 468,027 shares during the last quarter. Geode Capital Management LLC increased its position 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Dun & Bradstreet by 2.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,075,848 shares of the business services provider’s stock worth $50,785,000 after acquiring an additional 99,795 shares during the last quarter. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Dun & Bradstreet Trading Down 0.3 %

NYSE DNB opened at $8.96 on Wednesday. The company has a market cap of $3.96 billion, a P/E ratio of -149.31, a P/E/G ratio of 2.21 and a beta of 1.19. Dun & Bradstreet Holdings, Inc. has a 12 month low of $7.78 and a 12 month high of $12.95. 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 company has a 50-day moving average of $10.13 and a 200-day moving average of $11.25.

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 the consensus estimate of $0.32 by ($0.05). The company had revenue of $631.90 million for the quarter, compared to analyst estimates of $658.04 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. As a group, equities analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current year.

Dun & Bradstreet Announces Dividend

The company also recently announced 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 yield of 2.23%. The ex-dividend date of this dividend was Thursday, March 6th. Dun & Bradstreet’s payout ratio is currently -333.33%.

Analyst Ratings Changes

A number of analysts recently commented on DNB shares. Jefferies Financial Group reaffirmed a “hold” rating and set a $9.15 price objective (down previously from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. The Goldman Sachs Group cut their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a research report on Friday, February 21st. Finally, Needham & Company LLC reissued a “hold” rating and set a $14.00 price objective on shares of Dun & Bradstreet in a research note on Monday. Seven analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target 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.