Vanguard Group Inc. Has $403.11 Million Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Vanguard Group Inc. reduced its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 1.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,351,985 shares of the business services provider’s stock after selling 602,202 shares during the period. Vanguard Group Inc. owned 7.33% of Dun & Bradstreet worth $403,106,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC boosted its position in Dun & Bradstreet by 7,875.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 32,299 shares of the business services provider’s stock worth $402,000 after purchasing an additional 31,894 shares during the period. State Street Corp boosted its holdings in shares of 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 worth $60,167,000 after buying an additional 468,027 shares during the period. Proficio Capital Partners LLC acquired a new position in Dun & Bradstreet in the 4th quarter valued at $323,000. Charles Schwab Investment Management Inc. raised its holdings in Dun & Bradstreet by 2.5% in the 4th 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 period. Finally, Bank of New York Mellon Corp lifted its position in Dun & Bradstreet by 9.3% during the 4th quarter. Bank of New York Mellon Corp now owns 1,657,713 shares of the business services provider’s stock worth $20,655,000 after acquiring an additional 141,054 shares during the last quarter. Institutional investors and hedge funds own 86.68% of the company’s stock.

Insider Buying and Selling at Dun & Bradstreet

In other Dun & Bradstreet news, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet stock in a transaction 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 completion of the transaction, the chairman now owns 8,109,644 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Company insiders own 10.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DNB. StockNews.com began coverage on Dun & Bradstreet in a research report on Thursday. They issued a “hold” rating on the stock. Needham & Company LLC reaffirmed a “hold” rating and issued a $14.00 target price on shares of Dun & Bradstreet in a report on Monday, March 24th. Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 price target on shares of Dun & Bradstreet in a report on Wednesday, January 29th. The Goldman Sachs Group lowered their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research note on Friday, February 21st. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $9.15 target price (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. One research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $11.86.

Dun & Bradstreet Stock Up 0.3 %

DNB opened at $8.99 on Thursday. The company has a market capitalization of $4.01 billion, a P/E ratio of -149.81, a P/E/G ratio of 2.21 and a beta of 1.19. 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 firm’s fifty day moving average price is $9.84 and its two-hundred day moving average price is $11.15. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $7.78 and a fifty-two week high of $12.95.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.05). The company had revenue of $631.90 million during the quarter, compared to the consensus estimate of $658.04 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. On average, analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend was Thursday, March 6th. Dun & Bradstreet’s dividend payout ratio is currently -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.