Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Sold by Principal Securities Inc.

Principal Securities Inc. lessened its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 81.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,210 shares of the business services provider’s stock after selling 22,163 shares during the quarter. Principal Securities Inc.’s holdings in Dun & Bradstreet were worth $65,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of DNB. Massachusetts Financial Services Co. MA lifted its position in Dun & Bradstreet by 5.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 56,497,966 shares of the business services provider’s stock worth $650,292,000 after acquiring an additional 3,144,458 shares in the last quarter. FMR LLC raised its stake in shares of Dun & Bradstreet by 17.8% during the third quarter. FMR LLC now owns 11,465,075 shares of the business services provider’s stock valued at $131,963,000 after purchasing an additional 1,733,220 shares during the period. Azora Capital LP lifted its position in shares of Dun & Bradstreet by 119.8% during the third quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock worth $91,773,000 after purchasing an additional 4,346,033 shares in the last quarter. Crescent Grove Advisors LLC boosted its stake in shares of Dun & Bradstreet by 2.2% in the third quarter. Crescent Grove Advisors LLC now owns 6,176,103 shares of the business services provider’s stock valued at $71,087,000 after purchasing an additional 130,888 shares during the period. Finally, State Street Corp boosted its stake in shares of Dun & Bradstreet by 9.8% in the third quarter. State Street Corp now owns 5,227,336 shares of the business services provider’s stock valued at $60,167,000 after purchasing an additional 468,027 shares during the period. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on DNB shares. The Goldman Sachs Group cut their price objective 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. Needham & Company LLC cut their price target on Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 price target on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Dun & Bradstreet presently has a consensus rating of “Hold” and an average target price of $12.50.

Dun & Bradstreet Stock Performance

Shares of DNB stock opened at $9.06 on Friday. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of -150.89, a PEG ratio of 2.21 and a beta of 1.14. Dun & Bradstreet Holdings, Inc. has a one year low of $8.77 and a one year high of $12.94. The company’s 50-day simple moving average is $11.38 and its 200-day simple moving average is $11.68. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65.

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

Dun & Bradstreet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date is Thursday, March 6th. Dun & Bradstreet’s dividend payout ratio is presently -333.33%.

About Dun & Bradstreet

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.