Sei Investments Co. Has $12.99 Million Stock Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Sei Investments Co. grew its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 11.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 1,042,236 shares of the business services provider’s stock after acquiring an additional 103,088 shares during the quarter. Sei Investments Co.’s holdings in Dun & Bradstreet were worth $12,986,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Steward Partners Investment Advisory LLC lifted 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 lifted 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 acquiring an additional 468,027 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of Dun & Bradstreet during the 4th quarter worth approximately $323,000. Charles Schwab Investment Management Inc. increased its stake in 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 valued at $50,785,000 after acquiring an additional 99,795 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Dun & Bradstreet by 9.3% in the fourth quarter. Bank of New York Mellon Corp now owns 1,657,713 shares of the business services provider’s stock valued at $20,655,000 after acquiring an additional 141,054 shares during the last quarter. Institutional investors 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 the firm’s stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $8.99, for a total transaction 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. This trade represents a 23.56 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 10.44% of the company’s stock.

Dun & Bradstreet Stock Performance

NYSE:DNB opened at $8.93 on Friday. The stock’s 50-day moving average is $9.99 and its 200-day moving average is $11.20. The stock has a market cap of $3.94 billion, a P/E ratio of -148.73, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. Dun & Bradstreet Holdings, Inc. has a 1-year low of $7.78 and a 1-year high of $12.95. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06.

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

Dun & Bradstreet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders 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 2.24%. The ex-dividend date was Thursday, March 6th. Dun & Bradstreet’s payout ratio is presently -333.33%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on DNB. Jefferies Financial Group reaffirmed a “hold” rating and issued a $9.15 target price (down previously from $11.00) on shares of Dun & Bradstreet in a report on Tuesday. Huber Research raised Dun & Bradstreet to a “strong sell” rating in a research note on Monday, March 24th. Needham & Company LLC reiterated a “hold” rating and issued a $14.00 target price on shares of Dun & Bradstreet in a research report on Monday, March 24th. Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 target price on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Finally, The Goldman Sachs Group decreased their price target on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a report on Friday, February 21st. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. According to MarketBeat.com, Dun & Bradstreet has an average rating of “Hold” and an average price target of $11.86.

Dun & Bradstreet Company 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.