World Investment Advisors Purchases Shares of 14,891 Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

World Investment Advisors purchased a new stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 14,891 shares of the business services provider’s stock, valued at approximately $186,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Massachusetts Financial Services Co. MA raised its holdings in shares of Dun & Bradstreet by 2.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider’s stock valued at $719,863,000 after purchasing an additional 1,275,959 shares in the last quarter. Geode Capital Management LLC increased its stake in Dun & Bradstreet by 3.4% in the fourth quarter. Geode Capital Management LLC now owns 4,837,658 shares of the business services provider’s stock valued at $60,298,000 after purchasing an additional 160,259 shares during the period. California Public Employees Retirement System boosted its holdings in shares of Dun & Bradstreet by 12.3% in the fourth quarter. California Public Employees Retirement System now owns 1,264,995 shares of the business services provider’s stock valued at $15,762,000 after acquiring an additional 138,432 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Dun & Bradstreet by 49.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,506,269 shares of the business services provider’s stock valued at $18,768,000 after acquiring an additional 500,992 shares in the last quarter. Finally, Pictet Asset Management Holding SA boosted its holdings in shares of Dun & Bradstreet by 18.0% in the fourth quarter. Pictet Asset Management Holding SA now owns 43,237 shares of the business services provider’s stock valued at $539,000 after acquiring an additional 6,591 shares in the last quarter. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Insider Activity

In related news, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $8.99, for a total value of $22,475,000.00. Following the sale, the chairman now directly owns 8,109,644 shares in the company, valued at $72,905,699.56. This trade represents a 23.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 10.44% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on DNB. StockNews.com began coverage on shares of Dun & Bradstreet in a research report on Thursday, April 3rd. They set a “hold” rating on the stock. The Goldman Sachs Group lowered their price target on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research report on Friday, February 21st. Jefferies Financial Group reissued 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, March 25th. 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, March 24th. Finally, 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. Seven analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $11.86.

Dun & Bradstreet Price Performance

DNB opened at $8.61 on Thursday. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of -143.48, a PEG ratio of 2.21 and a beta of 1.14. 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 Holdings, Inc. has a twelve month low of $7.78 and a twelve month high of $12.95. The company has a fifty day simple moving average of $9.39 and a 200 day simple moving average of $11.01.

Dun & Bradstreet (NYSE:DNB) last announced 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). Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The company had revenue of $631.90 million for the quarter, compared to analyst estimates of $658.04 million. Equities research analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.32%. The ex-dividend date was Thursday, March 6th. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -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.