Stifel Financial Corp Purchases 7,493 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Stifel Financial Corp boosted its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 11.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,995 shares of the business services provider’s stock after acquiring an additional 7,493 shares during the period. Stifel Financial Corp’s holdings in Dun & Bradstreet were worth $934,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of DNB. Massachusetts Financial Services Co. MA boosted its stake in Dun & Bradstreet by 2.3% during 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 during the period. Dimensional Fund Advisors LP boosted its position in shares of Dun & Bradstreet by 8.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider’s stock valued at $219,566,000 after acquiring an additional 1,350,263 shares during the period. FMR LLC grew its stake in shares of Dun & Bradstreet by 9.7% in the fourth quarter. FMR LLC now owns 12,575,015 shares of the business services provider’s stock worth $156,685,000 after acquiring an additional 1,109,940 shares during the last quarter. Geode Capital Management LLC increased its position in Dun & Bradstreet by 3.4% during the fourth quarter. Geode Capital Management LLC now owns 4,837,658 shares of the business services provider’s stock worth $60,298,000 after acquiring an additional 160,259 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in Dun & Bradstreet by 2.5% during the 4th 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 purchasing an additional 99,795 shares during the last quarter. 86.68% of the stock is currently owned by institutional investors.

Dun & Bradstreet Stock Performance

Shares of NYSE:DNB opened at $8.95 on Friday. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of -149.14, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14. The business’s fifty day moving average price is $8.73 and its two-hundred day moving average price is $10.64. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $7.78 and a fifty-two week high of $12.95. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70.

Dun & Bradstreet (NYSE:DNB) last announced its earnings results on Thursday, May 1st. The business services provider reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. The business had revenue of $579.80 million during the quarter, compared to analysts’ expectations of $578.02 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the company posted $0.20 EPS. As a group, analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on DNB. 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 research report on Friday, February 21st. StockNews.com began coverage on Dun & Bradstreet in a report on Monday, May 5th. They issued a “hold” rating for the company. Jefferies Financial Group restated a “hold” rating and set a $9.15 price objective (down from $11.00) on shares of Dun & Bradstreet in a research report on Tuesday, March 25th. Needham & Company LLC reaffirmed a “hold” rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. 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. Seven equities research analysts have rated the stock with a hold rating, According to MarketBeat, the company has an average rating of “Hold” and an average target price of $11.86.

Insider Activity

In other news, Chairman William P. Foley II sold 2,500,000 shares of the firm’s stock in a transaction on 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 in the company, valued at approximately $72,905,699.56. This trade represents a 23.56 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 10.44% of the stock is currently owned by corporate insiders.

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.