Thrivent Financial for Lutherans Sells 290,374 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Thrivent Financial for Lutherans trimmed its holdings in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 36.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 499,880 shares of the business services provider’s stock after selling 290,374 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Dun & Bradstreet were worth $6,228,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its holdings in shares of Dun & Bradstreet by 23.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,976,053 shares of the business services provider’s stock worth $45,764,000 after acquiring an additional 760,956 shares during the period. Raymond James Trust N.A. increased its holdings in Dun & Bradstreet by 62.1% during the 3rd quarter. Raymond James Trust N.A. now owns 34,591 shares of the business services provider’s stock worth $398,000 after purchasing an additional 13,249 shares in the last quarter. FMR LLC raised its stake 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. Paloma Partners Management Co acquired a new position in shares of Dun & Bradstreet during the third quarter worth about $117,000. Finally, Azora Capital LP grew its holdings in shares of Dun & Bradstreet by 119.8% during the third quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock worth $91,773,000 after buying an additional 4,346,033 shares in the last quarter. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Dun & Bradstreet Price Performance

NYSE:DNB opened at $8.76 on Monday. 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 firm has a fifty day simple moving average of $10.21 and a 200 day simple moving average of $11.29. Dun & Bradstreet Holdings, Inc. has a 1-year low of $7.78 and a 1-year high of $12.95. The stock has a market capitalization of $3.87 billion, a PE ratio of -145.89, a P/E/G ratio of 2.21 and a beta of 1.19.

Dun & Bradstreet (NYSE:DNB) last released 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 positive return on equity of 11.29% and a negative net margin of 1.20%. The firm had revenue of $631.90 million for the quarter, compared to analyst estimates of $658.04 million. On average, research analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

Dun & Bradstreet Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were given 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 dividend yield of 2.28%. Dun & Bradstreet’s payout ratio is -333.33%.

Analyst Ratings Changes

DNB has been the topic of several research reports. 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. Needham & Company LLC cut their price objective on shares of Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Finally, The Goldman Sachs Group decreased their target price on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a research report on Friday, February 21st. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, Dun & Bradstreet currently has an average rating of “Hold” and a consensus target price of $12.50.

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.