Charles Schwab Investment Management Inc. Has $45.76 Million Stock Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Charles Schwab Investment Management Inc. lifted its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 23.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,976,053 shares of the business services provider's stock after purchasing an additional 760,956 shares during the period. Charles Schwab Investment Management Inc. owned about 0.90% of Dun & Bradstreet worth $45,764,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in DNB. Massachusetts Financial Services Co. MA raised its holdings in Dun & Bradstreet by 5.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 56,497,966 shares of the business services provider's stock valued at $650,292,000 after acquiring an additional 3,144,458 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Dun & Bradstreet by 7.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 21,085,138 shares of the business services provider's stock worth $242,690,000 after acquiring an additional 1,451,705 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Dun & Bradstreet by 14.1% during the second quarter. Dimensional Fund Advisors LP now owns 14,665,247 shares of the business services provider's stock worth $135,796,000 after acquiring an additional 1,809,638 shares during the last quarter. Crescent Grove Advisors LLC grew its position in Dun & Bradstreet by 2.2% in the 3rd quarter. Crescent Grove Advisors LLC now owns 6,176,103 shares of the business services provider's stock valued at $71,087,000 after buying an additional 130,888 shares in the last quarter. Finally, Vulcan Value Partners LLC grew its position in Dun & Bradstreet by 26.8% in the 2nd quarter. Vulcan Value Partners LLC now owns 5,206,280 shares of the business services provider's stock valued at $48,210,000 after buying an additional 1,099,217 shares in the last quarter. 86.68% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on DNB shares. The Goldman Sachs Group upped their price target on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the company a "neutral" rating in a report on Monday, August 5th. JPMorgan Chase & Co. increased their price target on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a "neutral" rating in a research report on Monday, August 5th. Barclays increased their price target on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an "equal weight" rating in a research report on Friday, September 13th. StockNews.com raised shares of Dun & Bradstreet from a "sell" rating to a "hold" rating in a research report on Wednesday, October 2nd. Finally, Needham & Company LLC reissued a "buy" rating and issued a $17.00 price target on shares of Dun & Bradstreet in a research report on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $13.83.

Dun & Bradstreet Stock Down 0.2 %

NYSE:DNB traded down $0.03 during mid-day trading on Monday, reaching $12.67. The stock had a trading volume of 2,502,043 shares, compared to its average volume of 3,350,692. The business's 50 day moving average is $11.74 and its 200 day moving average is $10.96. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $8.77 and a fifty-two week high of $12.94. The stock has a market cap of $5.59 billion, a P/E ratio of -159.75, a PEG ratio of 3.53 and a beta of 1.15. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, hitting analysts' consensus estimates of $0.27. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The firm had revenue of $609.10 million for the quarter, compared to the consensus estimate of $605.64 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. The firm's revenue was up 3.5% on a year-over-year basis. As a group, sell-side analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be issued a dividend of $0.05 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 1.58%. Dun & Bradstreet's dividend payout ratio (DPR) is presently -250.00%.

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.