Invesco Ltd. Has $7.89 Million Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Invesco Ltd. increased its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 632,928 shares of the business services provider’s stock after purchasing an additional 36,561 shares during the period. Invesco Ltd.’s holdings in Dun & Bradstreet were worth $7,886,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Amundi increased its holdings in Dun & Bradstreet by 27.9% in the 4th quarter. Amundi now owns 5,158 shares of the business services provider’s stock valued at $64,000 after buying an additional 1,126 shares during the period. Empowered Funds LLC acquired a new position in Dun & Bradstreet in the fourth quarter worth about $127,000. New World Advisors LLC bought a new position in Dun & Bradstreet during the fourth quarter worth about $143,000. KBC Group NV lifted its stake in Dun & Bradstreet by 30.2% during the fourth quarter. KBC Group NV now owns 12,861 shares of the business services provider’s stock worth $160,000 after purchasing an additional 2,983 shares during the period. Finally, Xponance Inc. boosted its holdings in Dun & Bradstreet by 16.5% during the fourth quarter. Xponance Inc. now owns 13,252 shares of the business services provider’s stock valued at $165,000 after purchasing an additional 1,881 shares in the last quarter. 86.68% of the stock is owned by institutional investors.

Insider Buying and Selling at Dun & Bradstreet

In other news, Chairman William P. Foley II sold 2,500,000 shares of the company’s stock in a transaction dated 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 sale, the chairman now directly owns 8,109,644 shares of the company’s stock, valued at $72,905,699.56. This represents a 23.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 10.44% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Royal Bank of Canada restated a “sector perform” rating and set a $12.00 target price on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. StockNews.com began coverage on shares of Dun & Bradstreet in a research note on Saturday, April 19th. They issued a “hold” rating on the stock. Needham & Company LLC reiterated a “hold” rating and set a $14.00 target price on shares of Dun & Bradstreet in a research report on Monday, March 24th. Jefferies Financial Group reissued a “hold” rating and set a $9.15 price target (down from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. Finally, The Goldman Sachs Group dropped their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a report on Friday, February 21st. Seven investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $11.86.

Dun & Bradstreet Trading Down 0.1 %

DNB opened at $9.14 on Friday. Dun & Bradstreet Holdings, Inc. has a 1-year low of $7.78 and a 1-year high of $12.95. The stock has a market capitalization of $4.08 billion, a PE ratio of -152.22, 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. The firm has a 50-day moving average price of $8.82 and a two-hundred day moving average price of $10.82.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The company had revenue of $631.90 million during the quarter, compared to analyst estimates of $658.04 million. As a group, 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 announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a yield of 2.19%. Dun & Bradstreet’s 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.