82,983 Shares in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas purchased a new stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) in the first quarter, Holdings Channel reports. The firm purchased 82,983 shares of the business services provider’s stock, valued at approximately $742,000.

Other institutional investors have also added to or reduced their stakes in the company. Amundi increased its position in shares of Dun & Bradstreet by 27.9% in the fourth quarter. Amundi now owns 5,158 shares of the business services provider’s stock valued at $64,000 after acquiring an additional 1,126 shares during the period. Neo Ivy Capital Management bought a new stake in shares of Dun & Bradstreet in the fourth quarter worth about $96,000. Vest Financial LLC purchased a new position in Dun & Bradstreet during the 1st quarter valued at about $106,000. True Link Financial Advisors LLC bought a new position in Dun & Bradstreet during the 1st quarter valued at approximately $114,000. Finally, Xponance Inc. lifted its holdings in Dun & Bradstreet by 16.5% in the 4th quarter. Xponance Inc. now owns 13,252 shares of the business services provider’s stock worth $165,000 after buying an additional 1,881 shares during the period. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Analyst Upgrades and Downgrades

DNB has been the topic of several research analyst reports. Jefferies Financial Group reissued a “hold” rating and set a $9.15 target price (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. Wall Street Zen began coverage on shares of Dun & Bradstreet in a report on Wednesday, May 21st. They issued a “hold” rating on the stock. Raymond James Financial downgraded shares of Dun & Bradstreet from a “strong-buy” rating to a “market perform” rating in a research report on Friday, June 13th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Eight equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Dun & Bradstreet has a consensus rating of “Hold” and an average price target of $11.86.

Insider Transactions at Dun & Bradstreet

In other news, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $8.96, for a total transaction of $22,400,000.00. Following the completion of the transaction, the chairman directly owned 5,609,644 shares in the company, valued at approximately $50,262,410.24. This trade represents a 30.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Chinh Chu sold 10,885,403 shares of the company’s stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $8.95, for a total value of $97,424,356.85. Following the completion of the sale, the director owned 23,810 shares in the company, valued at $213,099.50. The trade was a 99.78% decrease in their position. The disclosure for this sale can be found here. Company insiders own 10.44% of the company’s stock.

Dun & Bradstreet Stock Performance

DNB opened at $9.11 on Wednesday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 1.06. Dun & Bradstreet Holdings, Inc. has a 52 week low of $7.78 and a 52 week high of $12.95. The stock has a market cap of $4.07 billion, a PE ratio of -182.20 and a beta of 1.12. The business has a 50 day moving average of $9.04 and a 200-day moving average of $9.61.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings data on Thursday, May 1st. The business services provider reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. The business had revenue of $579.80 million during the quarter, compared to analyst estimates of $578.02 million. Dun & Bradstreet had a positive return on equity of 11.51% and a negative net margin of 0.88%. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.20 earnings per share. Equities research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.

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.