Arizona State Retirement System Grows Stock Position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Arizona State Retirement System increased its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 8.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,531 shares of the business services provider’s stock after buying an additional 4,984 shares during the period. Arizona State Retirement System’s holdings in Dun & Bradstreet were worth $790,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in DNB. American International Group Inc. boosted its position in shares of Dun & Bradstreet by 57.1% in the 2nd quarter. American International Group Inc. now owns 2,631 shares of the business services provider’s stock worth $40,000 after buying an additional 956 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Dun & Bradstreet by 685.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,557 shares of the business services provider’s stock worth $41,000 after buying an additional 3,104 shares in the last quarter. Advisor Group Holdings Inc. boosted its position in shares of Dun & Bradstreet by 287.3% in the 1st quarter. Advisor Group Holdings Inc. now owns 2,750 shares of the business services provider’s stock worth $48,000 after buying an additional 2,040 shares in the last quarter. CWM LLC boosted its position in shares of Dun & Bradstreet by 51.0% in the 3rd quarter. CWM LLC now owns 5,370 shares of the business services provider’s stock worth $54,000 after buying an additional 1,813 shares in the last quarter. Finally, MetLife Investment Management LLC purchased a new stake in shares of Dun & Bradstreet in the 1st quarter worth about $56,000. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Dun & Bradstreet Trading Down 0.4 %

NYSE DNB opened at $9.15 on Thursday. Dun & Bradstreet Holdings, Inc. has a 12 month low of $8.68 and a 12 month high of $12.62. The company has a 50-day moving average of $10.17 and a 200-day moving average of $10.48. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market cap of $4.01 billion, a P/E ratio of -83.18, a P/E/G ratio of 1.99 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings data on Thursday, February 15th. The business services provider reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. Dun & Bradstreet had a negative net margin of 2.03% and a positive return on equity of 10.65%. The company had revenue of $630.40 million during the quarter, compared to the consensus estimate of $623.19 million. During the same quarter in the prior year, the company posted $0.28 EPS. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. As a group, equities analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 7th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date was Wednesday, March 6th. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -181.82%.

Insider Buying and Selling

In related news, Director Cannae Holdings, Inc. sold 10,000,000 shares of the stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $10.09, for a total transaction of $100,900,000.00. Following the completion of the sale, the director now owns 69,048,691 shares of the company’s stock, valued at approximately $696,701,292.19. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 10.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on DNB shares. The Goldman Sachs Group upped their target price on shares of Dun & Bradstreet from $10.30 to $11.50 and gave the company a “neutral” rating in a report on Friday, February 16th. Needham & Company LLC reduced their target price on shares of Dun & Bradstreet from $18.00 to $17.00 and set a “buy” rating on the stock in a report on Friday, February 16th. Jefferies Financial Group reduced their target price on shares of Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, April 12th. Finally, Raymond James upgraded shares of Dun & Bradstreet from an “outperform” rating to a “strong-buy” rating and set a $18.00 target price on the stock in a report on Friday, January 5th. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $13.64.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.