Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Position Reduced by Principal Financial Group Inc.

Principal Financial Group Inc. cut its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 22.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,602 shares of the business services provider’s stock after selling 4,462 shares during the quarter. Principal Financial Group Inc.’s holdings in Dun & Bradstreet were worth $194,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its stake 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 buying an additional 3,144,458 shares in the last quarter. FMR LLC increased its holdings in shares of Dun & Bradstreet by 17.8% in the 3rd quarter. FMR LLC now owns 11,465,075 shares of the business services provider’s stock valued at $131,963,000 after purchasing an additional 1,733,220 shares during the period. Azora Capital LP increased its holdings in shares of Dun & Bradstreet by 119.8% in the 3rd 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 during the period. State Street Corp increased its holdings in shares of Dun & Bradstreet by 9.8% in the 3rd quarter. State Street Corp now owns 5,227,336 shares of the business services provider’s stock valued at $60,167,000 after purchasing an additional 468,027 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of Dun & Bradstreet by 15.8% in the 3rd quarter. Geode Capital Management LLC now owns 4,677,399 shares of the business services provider’s stock valued at $53,853,000 after purchasing an additional 639,419 shares during the period. 86.68% of the stock is owned by hedge funds and other institutional investors.

Dun & Bradstreet Trading Up 3.1 %

Shares of DNB stock opened at $8.81 on Friday. Dun & Bradstreet Holdings, Inc. has a 12 month low of $8.44 and a 12 month high of $12.94. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 1.06. The business’s 50 day moving average is $10.97 and its two-hundred day moving average is $11.56. The company has a market cap of $3.89 billion, a PE ratio of -146.78, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.05). Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The business had revenue of $631.90 million during the quarter, compared to the consensus estimate of $658.04 million. Equities analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be given a $0.05 dividend. The ex-dividend date is Thursday, March 6th. This represents a $0.20 annualized dividend and a dividend yield of 2.27%. Dun & Bradstreet’s dividend payout ratio is -333.33%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on DNB shares. The Goldman Sachs Group dropped their price objective on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a report 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 report on Wednesday, January 29th. Finally, Needham & Company LLC lowered their price target on Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $12.50.

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.