Teacher Retirement System of Texas Cuts Stock Position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Teacher Retirement System of Texas lessened its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNBFree Report) by 40.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,092 shares of the business services provider’s stock after selling 6,750 shares during the quarter. Teacher Retirement System of Texas’ holdings in Dun & Bradstreet were worth $118,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Parkside Financial Bank & Trust raised its position in Dun & Bradstreet by 7,260.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,797 shares of the business services provider’s stock worth $33,000 after acquiring an additional 2,759 shares during the last quarter. Signaturefd LLC increased its position in Dun & Bradstreet by 100.7% during the 4th quarter. Signaturefd LLC now owns 3,541 shares of the business services provider’s stock worth $41,000 after purchasing an additional 1,777 shares in the last quarter. Corton Capital Inc. acquired a new position in Dun & Bradstreet in the 3rd quarter valued at about $105,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Dun & Bradstreet during the third quarter valued at approximately $111,000. Finally, OLD National Bancorp IN acquired a new stake in Dun & Bradstreet during the fourth quarter worth approximately $205,000. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Insider Transactions at Dun & Bradstreet

In related news, Director Cannae Holdings, Inc. sold 10,000,000 shares of Dun & Bradstreet stock in a transaction on Monday, March 18th. The stock was sold at an average price of $10.09, for a total value of $100,900,000.00. Following the transaction, the director now directly owns 69,048,691 shares in the company, valued at approximately $696,701,292.19. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 10.44% of the company’s stock.

Dun & Bradstreet Stock Up 1.0 %

Shares of Dun & Bradstreet stock opened at $9.47 on Friday. The business’s fifty day moving average price is $9.79 and its two-hundred day moving average price is $10.55. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market capitalization of $4.19 billion, a P/E ratio of -118.31, a PEG ratio of 2.52 and a beta of 1.15. Dun & Bradstreet Holdings, Inc. has a 1-year low of $8.68 and a 1-year high of $12.62.

Dun & Bradstreet (NYSE:DNBGet Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The business services provider reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. Dun & Bradstreet had a positive return on equity of 10.99% and a negative net margin of 1.56%. The company had revenue of $564.50 million for the quarter, compared to the consensus estimate of $567.77 million. As a group, research analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.89 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date is Thursday, June 6th. Dun & Bradstreet’s dividend payout ratio is presently -250.00%.

Analyst Ratings Changes

Several brokerages have recently issued reports on DNB. Jefferies Financial Group lowered their price objective on shares of Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, April 12th. Needham & Company LLC restated a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a report on Tuesday, May 14th. Finally, The Goldman Sachs Group boosted their price objective on shares of Dun & Bradstreet from $10.30 to $11.50 and gave the stock a “neutral” rating in a report on Friday, February 16th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.64.

Read Our Latest Stock Analysis on Dun & Bradstreet

Dun & Bradstreet Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Dun & Bradstreet (NYSE:DNB)

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