Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Position Increased by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA lifted its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 2.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 57,773,925 shares of the business services provider’s stock after buying an additional 1,275,959 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 0.13% of Dun & Bradstreet worth $719,863,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in DNB. FMR LLC grew its position in Dun & Bradstreet by 17.8% during the 3rd quarter. FMR LLC now owns 11,465,075 shares of the business services provider’s stock worth $131,963,000 after purchasing an additional 1,733,220 shares in the last quarter. State Street Corp grew its holdings in shares of Dun & Bradstreet by 9.8% during 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 buying an additional 468,027 shares in the last quarter. Geode Capital Management LLC raised 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 valued at $60,298,000 after buying an additional 160,259 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Dun & Bradstreet by 2.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,075,848 shares of the business services provider’s stock worth $50,785,000 after acquiring an additional 99,795 shares in the last quarter. Finally, Norges Bank acquired a new stake in Dun & Bradstreet during the 4th quarter worth about $42,016,000. Institutional investors and hedge funds own 86.68% of the company’s stock.

Dun & Bradstreet Trading Up 0.3 %

Shares of NYSE:DNB opened at $8.99 on Thursday. 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 stock has a market capitalization of $4.01 billion, a PE ratio of -149.81, a P/E/G ratio of 2.21 and a beta of 1.19. Dun & Bradstreet Holdings, Inc. has a 1 year low of $7.78 and a 1 year high of $12.95. The firm has a fifty day moving average price of $9.84 and a 200 day moving average price of $11.15.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.05). The company 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%. Analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

Dun & Bradstreet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.20 annualized dividend and a yield of 2.22%. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -333.33%.

Wall Street Analysts Forecast Growth

DNB has been the topic of a number of research reports. Jefferies Financial Group reiterated a “hold” rating and issued a $9.15 target price (down previously from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. StockNews.com started coverage on shares of Dun & Bradstreet in a research report on Thursday. They issued a “hold” rating for the company. Huber Research upgraded shares of Dun & Bradstreet to a “strong sell” rating in a report on Monday, March 24th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Finally, Needham & Company LLC reissued a “hold” rating and set a $14.00 price objective on shares of Dun & Bradstreet in a research report on Monday, March 24th. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.86.

Insiders Place Their Bets

In other news, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet 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 transaction, the chairman now directly owns 8,109,644 shares in the company, valued at approximately $72,905,699.56. The trade was a 23.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 10.44% of the company’s stock.

Dun & Bradstreet Company 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.