Barclays PLC raised its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB – Free Report) by 144.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,192,700 shares of the business services provider’s stock after purchasing an additional 705,707 shares during the quarter. Barclays PLC’s holdings in Dun & Bradstreet were worth $13,728,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the business. Blue Trust Inc. raised its position in Dun & Bradstreet by 28.2% during the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock valued at $67,000 after buying an additional 1,284 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in Dun & Bradstreet by 12.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider’s stock valued at $127,000 after acquiring an additional 1,533 shares in the last quarter. KBC Group NV increased its holdings in shares of Dun & Bradstreet by 33.9% in 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. Victory Capital Management Inc. lifted its position in shares of Dun & Bradstreet by 10.4% in the second quarter. Victory Capital Management Inc. now owns 37,513 shares of the business services provider’s stock worth $347,000 after purchasing an additional 3,533 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its holdings in shares of Dun & Bradstreet by 85.1% during the second quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock worth $81,000 after purchasing an additional 4,000 shares during the period. Hedge funds and other institutional investors own 86.68% of the company’s stock.
Analyst Ratings Changes
DNB has been the topic of several research reports. Needham & Company LLC reiterated a “buy” rating and issued a $17.00 price objective on shares of Dun & Bradstreet in a research note on Friday, November 1st. StockNews.com raised shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Barclays lifted their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Five research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $13.83.
Dun & Bradstreet Stock Performance
Shares of DNB opened at $12.30 on Monday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08. Dun & Bradstreet Holdings, Inc. has a 12 month low of $8.77 and a 12 month high of $12.94. The company’s fifty day moving average is $11.94 and its 200-day moving average is $11.12. The firm has a market cap of $5.43 billion, a price-to-earnings ratio of -153.75, a price-to-earnings-growth ratio of 3.44 and a beta of 1.16.
Dun & Bradstreet (NYSE:DNB – Get Free Report) last posted its earnings results on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The firm had revenue of $609.10 million for the quarter, compared to the consensus estimate of $605.64 million. During the same period in the prior year, the business posted $0.23 earnings per share. The business’s quarterly revenue was up 3.5% on a year-over-year basis. Equities analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.88 EPS for the current fiscal year.
Dun & Bradstreet Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.20 dividend on an annualized basis and a yield of 1.63%. Dun & Bradstreet’s payout ratio is currently -250.00%.
Dun & Bradstreet 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.
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