Royce & Associates LP Sells 318,446 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Royce & Associates LP reduced its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 19.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,328,160 shares of the business services provider’s stock after selling 318,446 shares during the quarter. Royce & Associates LP owned about 0.30% of Dun & Bradstreet worth $16,549,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC lifted its position in shares of Dun & Bradstreet by 7,875.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 32,299 shares of the business services provider’s stock valued at $402,000 after acquiring an additional 31,894 shares during the period. State Street Corp boosted its position in shares of Dun & Bradstreet by 9.8% during the 3rd quarter. State Street Corp now owns 5,227,336 shares of the business services provider’s stock worth $60,167,000 after purchasing an additional 468,027 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Dun & Bradstreet in the 4th quarter valued at about $323,000. Charles Schwab Investment Management Inc. increased its position in Dun & Bradstreet by 23.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,976,053 shares of the business services provider’s stock valued at $45,764,000 after buying an additional 760,956 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Dun & Bradstreet by 9.3% in the fourth quarter. Bank of New York Mellon Corp now owns 1,657,713 shares of the business services provider’s stock worth $20,655,000 after acquiring an additional 141,054 shares in the last quarter. 86.68% of the stock is owned by institutional investors and hedge funds.

Dun & Bradstreet Price Performance

Dun & Bradstreet stock opened at $8.05 on Monday. Dun & Bradstreet Holdings, Inc. has a 52 week low of $7.78 and a 52 week high of $12.94. The company’s 50 day moving average price is $10.54 and its two-hundred day moving average price is $11.42. The stock has a market cap of $3.55 billion, a P/E ratio of -134.08, a P/E/G ratio of 2.21 and a beta of 1.19. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 1.06.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). The business 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%. On average, equities analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current year.

Dun & Bradstreet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, March 6th. This represents a $0.20 annualized dividend and a yield of 2.49%. Dun & Bradstreet’s payout ratio is currently -333.33%.

Analyst Ratings Changes

Several research firms have recently commented on DNB. Needham & Company LLC decreased their price objective on Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating for the company in a report on Friday, February 21st. Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Finally, The Goldman Sachs Group dropped their target price on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a report on Friday, February 21st. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $12.50.

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.