River Road Asset Management LLC Sells 87,215 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

River Road Asset Management LLC reduced its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 1.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 4,741,628 shares of the business services provider’s stock after selling 87,215 shares during the period. River Road Asset Management LLC owned about 1.07% of Dun & Bradstreet worth $59,081,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DNB. Azora Capital LP increased its holdings in Dun & Bradstreet by 119.8% during the 3rd quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock worth $91,773,000 after purchasing an additional 4,346,033 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in Dun & Bradstreet by 5.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 56,497,966 shares of the business services provider’s stock worth $650,292,000 after purchasing an additional 3,144,458 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Dun & Bradstreet during the 4th quarter worth approximately $26,817,000. FMR LLC increased its holdings 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 purchasing an additional 1,733,220 shares in the last quarter. Finally, Mizuho Markets Americas LLC bought a new stake in Dun & Bradstreet during the 3rd quarter worth approximately $17,750,000. 86.68% of the stock is owned by institutional investors.

Dun & Bradstreet Price Performance

Shares of NYSE DNB opened at $8.43 on Tuesday. Dun & Bradstreet Holdings, Inc. has a twelve month low of $8.39 and a twelve month high of $12.94. The stock’s 50 day moving average price is $10.89 and its 200-day moving average price is $11.53. The company has a market capitalization of $3.72 billion, a PE ratio of -140.39, a PEG 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 posted its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 EPS 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 firm had revenue of $631.90 million during the quarter, compared to analysts’ expectations of $658.04 million. On average, equities analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid a $0.05 dividend. The ex-dividend date is Thursday, March 6th. This represents a $0.20 annualized dividend and a yield of 2.37%. Dun & Bradstreet’s payout ratio is -333.33%.

Analyst Ratings Changes

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

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.