Mirae Asset Global Investments Co. Ltd. Sells 9,150 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Mirae Asset Global Investments Co. Ltd. trimmed its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 57.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 6,650 shares of the business services provider’s stock after selling 9,150 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Dun & Bradstreet were worth $81,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of DNB. State Street Corp lifted its position in Dun & Bradstreet by 9.8% during the third quarter. State Street Corp now owns 5,227,336 shares of the business services provider’s stock worth $60,167,000 after purchasing an additional 468,027 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Dun & Bradstreet by 23.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,976,053 shares of the business services provider’s stock valued at $45,764,000 after buying an additional 760,956 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in shares of Dun & Bradstreet by 15.5% during the 4th quarter. Park Avenue Securities LLC now owns 60,548 shares of the business services provider’s stock worth $754,000 after acquiring an additional 8,103 shares during the period. Barclays PLC boosted 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 worth $13,728,000 after acquiring an additional 705,707 shares in the last quarter. Finally, MML Investors Services LLC boosted its position in shares of Dun & Bradstreet by 62.2% during the 3rd quarter. MML Investors Services LLC now owns 27,795 shares of the business services provider’s stock worth $320,000 after acquiring an additional 10,658 shares in the last quarter. 86.68% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Royal Bank of Canada restated a “sector perform” rating and set a $12.00 target price 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 target price on shares of Dun & Bradstreet in a research report on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Dun & Bradstreet currently has a consensus rating of “Hold” and an average target price of $13.13.

Dun & Bradstreet Trading Down 0.5 %

Shares of DNB stock opened at $10.64 on Friday. The stock has a market cap of $4.70 billion, a price-to-earnings ratio of -132.94, a PEG ratio of 2.84 and a beta of 1.14. Dun & Bradstreet Holdings, Inc. has a 1-year low of $8.77 and a 1-year high of $12.94. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The stock has a 50-day moving average of $11.85 and a 200-day moving average of $11.80.

Dun & Bradstreet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a yield of 1.88%. Dun & Bradstreet’s payout ratio is currently -250.00%.

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.