Alaska Permanent Fund Corp Makes New $435,000 Investment in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Alaska Permanent Fund Corp bought a new stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) in the fourth quarter, HoldingsChannel reports. The firm bought 37,150 shares of the business services provider’s stock, valued at approximately $435,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Parkside Financial Bank & Trust grew its position in shares of Dun & Bradstreet by 7,260.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,797 shares of the business services provider’s stock worth $33,000 after buying an additional 2,759 shares during the period. Signaturefd LLC lifted its holdings in shares of Dun & Bradstreet by 100.7% during the fourth quarter. Signaturefd LLC now owns 3,541 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 1,777 shares during the last quarter. CWM LLC grew its stake in shares of Dun & Bradstreet by 51.0% in the 3rd quarter. CWM LLC now owns 5,370 shares of the business services provider’s stock worth $54,000 after buying an additional 1,813 shares during the last quarter. Corton Capital Inc. bought a new stake in Dun & Bradstreet in the third quarter worth $105,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in shares of Dun & Bradstreet during the third quarter valued at $111,000. Institutional investors own 86.68% of the company’s stock.

Insider Transactions at Dun & Bradstreet

In related news, Director Cannae Holdings, Inc. sold 10,000,000 shares of the firm’s stock in a transaction on Monday, March 18th. The stock was sold at an average price of $10.09, for a total value of $100,900,000.00. Following the completion of the sale, the director now directly owns 69,048,691 shares in the company, valued at $696,701,292.19. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 10.00% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on DNB shares. Needham & Company LLC cut their price objective on shares of Dun & Bradstreet from $18.00 to $17.00 and set a “buy” rating on the stock in a research report on Friday, February 16th. The Goldman Sachs Group raised their price target on shares of Dun & Bradstreet from $10.30 to $11.50 and gave the company a “neutral” rating in a research report on Friday, February 16th. Jefferies Financial Group lowered their price objective on Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, April 12th. Finally, Raymond James upgraded Dun & Bradstreet from an “outperform” rating to a “strong-buy” rating and set a $18.00 price target for the company in a research note on Friday, January 5th. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $13.64.

Dun & Bradstreet Stock Up 1.2 %

DNB stock opened at $9.36 on Friday. The business’s 50-day moving average price is $9.93 and its 200-day moving average price is $10.45. The stock has a market cap of $4.10 billion, a P/E ratio of -85.05, a PEG ratio of 1.96 and a beta of 1.15. Dun & Bradstreet Holdings, Inc. has a twelve month low of $8.68 and a twelve month high of $12.62. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.02.

Dun & Bradstreet (NYSE:DNB) last released its earnings results on Thursday, February 15th. The business services provider reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.01. The firm had revenue of $630.40 million during the quarter, compared to analysts’ expectations of $623.19 million. Dun & Bradstreet had a positive return on equity of 10.65% and a negative net margin of 2.03%. The firm’s revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the business posted $0.28 earnings per share. On average, equities research analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.88 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.20 dividend on an annualized basis and a yield of 2.14%. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -181.82%.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.