Versor Investments LP Makes New $242,000 Investment in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Versor Investments LP bought a new stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,400 shares of the business services provider’s stock, valued at approximately $242,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. KBC Group NV increased its position in Dun & Bradstreet by 33.9% during the 3rd quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock valued at $114,000 after purchasing an additional 2,499 shares during the period. Paloma Partners Management Co bought a new stake in shares of Dun & Bradstreet during the 3rd quarter valued at about $117,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Dun & Bradstreet during the third quarter valued at about $120,000. Empowered Funds LLC bought a new position in Dun & Bradstreet in the fourth quarter worth about $127,000. Finally, New World Advisors LLC purchased a new stake in Dun & Bradstreet in the fourth quarter worth about $143,000. Institutional investors own 86.68% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Dun & Bradstreet Stock Down 0.5 %

DNB stock opened at $8.96 on Wednesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70. Dun & Bradstreet Holdings, Inc. has a 1-year low of $8.77 and a 1-year high of $12.94. The stock has a market capitalization of $3.95 billion, a P/E ratio of -149.24, a P/E/G ratio of 2.21 and a beta of 1.14. The business has a fifty day moving average price of $11.18 and a 200-day moving average price of $11.62.

Dun & Bradstreet (NYSE:DNB) last posted its earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share (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 company had revenue of $631.90 million for the quarter, compared to the consensus estimate of $658.04 million. Equities analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be given a $0.05 dividend. 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 dividend payout ratio (DPR) is presently -333.33%.

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.