17,554 Shares in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Acquired by OLD National Bancorp IN

OLD National Bancorp IN bought a new position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 17,554 shares of the business services provider’s stock, valued at approximately $205,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Principal Financial Group Inc. raised its holdings in shares of Dun & Bradstreet by 5.6% in the 3rd quarter. Principal Financial Group Inc. now owns 21,433 shares of the business services provider’s stock worth $214,000 after purchasing an additional 1,127 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of Dun & Bradstreet by 2.3% during the third quarter. Arizona State Retirement System now owns 62,547 shares of the business services provider’s stock valued at $625,000 after acquiring an additional 1,377 shares during the period. Signaturefd LLC raised 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 valued at $41,000 after acquiring an additional 1,777 shares during the period. CWM LLC raised its holdings in shares of Dun & Bradstreet by 51.0% during the third quarter. CWM LLC now owns 5,370 shares of the business services provider’s stock valued at $54,000 after acquiring an additional 1,813 shares during the period. Finally, Victory Capital Management Inc. raised its holdings in shares of Dun & Bradstreet by 9.1% during the third quarter. Victory Capital Management Inc. now owns 26,547 shares of the business services provider’s stock valued at $265,000 after acquiring an additional 2,216 shares during the period. 86.68% of the stock is currently owned by institutional investors.

Dun & Bradstreet Stock Performance

DNB stock opened at $9.36 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $4.10 billion, a price-to-earnings ratio of -85.05, a P/E/G ratio of 1.99 and a beta of 1.15. Dun & Bradstreet Holdings, Inc. has a 12 month low of $8.68 and a 12 month high of $12.62. The firm has a 50 day moving average of $9.93 and a two-hundred day moving average of $10.45.

Dun & Bradstreet (NYSE:DNB) last posted its earnings results on Thursday, February 15th. The business services provider reported $0.32 EPS for the quarter, topping the consensus estimate of $0.31 by $0.01. The company had revenue of $630.40 million during the quarter, compared to the consensus estimate of $623.19 million. Dun & Bradstreet had a negative net margin of 2.03% and a positive return on equity of 10.65%. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.28 earnings per share. As a group, equities analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.88 EPS for the current fiscal year.

Dun & Bradstreet Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend was Wednesday, March 6th. Dun & Bradstreet’s dividend payout ratio is -181.82%.

Insiders Place Their Bets

In other news, Director Cannae Holdings, Inc. sold 10,000,000 shares of the business’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of $10.09, for a total value of $100,900,000.00. Following the completion of the sale, the director now directly owns 69,048,691 shares in the company, valued at $696,701,292.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 10.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Needham & Company LLC cut their price target on shares of Dun & Bradstreet from $18.00 to $17.00 and set a “buy” rating on the stock in a report on Friday, February 16th. The Goldman Sachs Group boosted their price target on shares of Dun & Bradstreet from $10.30 to $11.50 and gave the company a “neutral” rating in a report on Friday, February 16th. Raymond James upgraded shares of Dun & Bradstreet from an “outperform” rating to a “strong-buy” rating and set a $18.00 price target on the stock in a report on Friday, January 5th. Finally, Jefferies Financial Group lowered their price objective on shares of Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, April 12th. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Dun & Bradstreet presently has an average rating of “Moderate Buy” and a consensus price target of $13.64.

About Dun & Bradstreet

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.