Proficio Capital Partners LLC Purchases New Stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Proficio Capital Partners LLC acquired a new position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) in the 4th quarter, HoldingsChannel reports. The fund acquired 25,917 shares of the business services provider’s stock, valued at approximately $323,000.

Several other institutional investors also recently bought and sold shares of the business. Paloma Partners Management Co acquired a new position in shares of Dun & Bradstreet during the 3rd quarter valued at $117,000. Y Intercept Hong Kong Ltd purchased a new position in Dun & Bradstreet in the third quarter valued at about $120,000. Empowered Funds LLC acquired a new position in shares of Dun & Bradstreet during the fourth quarter worth about $127,000. New World Advisors LLC purchased a new stake in shares of Dun & Bradstreet in the fourth quarter worth about $143,000. Finally, KBC Group NV grew its stake in shares of Dun & Bradstreet by 30.2% in the fourth quarter. KBC Group NV now owns 12,861 shares of the business services provider’s stock valued at $160,000 after buying an additional 2,983 shares in the last quarter. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Needham & Company LLC reissued a “hold” rating and set a $14.00 price target on shares of Dun & Bradstreet in a research report on Monday. The Goldman Sachs Group dropped their price objective 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. Jefferies Financial Group restated a “hold” rating and issued a $9.15 target price (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Seven research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $11.86.

Dun & Bradstreet Stock Performance

Dun & Bradstreet stock opened at $8.96 on Wednesday. Dun & Bradstreet Holdings, Inc. has a 52 week low of $7.78 and a 52 week high of $12.95. 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 cap of $3.96 billion, a P/E ratio of -149.31, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. The stock has a 50 day moving average of $10.13 and a 200-day moving average of $11.25.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings data 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 company 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%. On average, 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 declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a yield of 2.23%. Dun & Bradstreet’s dividend payout ratio (DPR) is -333.33%.

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.