Versor Investments LP Purchases Shares of 19,400 Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Versor Investments LP acquired a new position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) during the 4th quarter, Holdings Channel reports. The firm acquired 19,400 shares of the business services provider’s stock, valued at approximately $242,000.

Several other institutional investors have also recently made changes to their positions in DNB. Massachusetts Financial Services Co. MA grew its holdings in Dun & Bradstreet by 5.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 56,497,966 shares of the business services provider’s stock valued at $650,292,000 after purchasing an additional 3,144,458 shares during the period. FMR LLC raised its stake 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 acquiring an additional 1,733,220 shares during the period. Azora Capital LP lifted its holdings in Dun & Bradstreet by 119.8% during the third quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock valued at $91,773,000 after purchasing an additional 4,346,033 shares in the last quarter. Crescent Grove Advisors LLC boosted its position in shares of Dun & Bradstreet by 2.2% in the third quarter. Crescent Grove Advisors LLC now owns 6,176,103 shares of the business services provider’s stock worth $71,087,000 after purchasing an additional 130,888 shares during the period. Finally, State Street Corp increased its stake in shares of Dun & Bradstreet by 9.8% in the third 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. Institutional investors own 86.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. The Goldman Sachs Group lowered their target price on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research note on Friday, February 21st. Royal Bank of Canada restated a “sector perform” rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Finally, Needham & Company LLC dropped their price objective on Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Dun & Bradstreet presently has a consensus rating of “Hold” and a consensus target price of $12.50.

Dun & Bradstreet Stock Down 0.5 %

DNB opened at $8.96 on Wednesday. The company has a market capitalization of $3.95 billion, a PE ratio of -149.24, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14. The firm has a 50-day simple moving average of $11.18 and a two-hundred day simple moving average of $11.62. 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 Holdings, Inc. has a 52 week low of $8.77 and a 52 week high of $12.94.

Dun & Bradstreet (NYSE:DNB) last announced 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 firm had revenue of $631.90 million for the quarter, compared to the consensus estimate of $658.04 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. Analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date is Thursday, March 6th. Dun & Bradstreet’s payout ratio is -333.33%.

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.