Charles Schwab Investment Management Inc. increased its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,075,848 shares of the business services provider's stock after purchasing an additional 99,795 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.92% of Dun & Bradstreet worth $50,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also bought and sold shares of the company. KBC Group NV increased its stake in shares of Dun & Bradstreet by 33.9% during the third quarter. KBC Group NV now owns 9,878 shares of the business services provider's stock valued at $114,000 after buying an additional 2,499 shares during the period. Paloma Partners Management Co purchased a new position in shares of Dun & Bradstreet during the third quarter valued at about $117,000. Y Intercept Hong Kong Ltd bought a new position in shares of Dun & Bradstreet in the 3rd quarter worth approximately $120,000. Empowered Funds LLC bought a new stake in shares of Dun & Bradstreet during the 4th quarter valued at $127,000. Finally, New World Advisors LLC purchased a new stake in shares of Dun & Bradstreet in the 4th quarter worth about $143,000. Institutional investors own 86.68% of the company's stock.
Dun & Bradstreet Stock Performance
NYSE DNB traded up $0.21 during trading hours on Monday, hitting $8.27. 2,579,686 shares of the company's stock traded hands, compared to its average volume of 3,310,111. Dun & Bradstreet Holdings, Inc. has a 52 week low of $7.78 and a 52 week high of $12.95. The firm has a market capitalization of $3.65 billion, a P/E ratio of -137.73, a P/E/G ratio of 2.21 and a beta of 1.19. 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 business's fifty day moving average price is $10.54 and its two-hundred day moving average price is $11.42.
Dun & Bradstreet (NYSE:DNB - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by ($0.05). The firm had revenue of $631.90 million during the quarter, compared to analysts' expectations of $658.04 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. Equities research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current year.
Dun & Bradstreet Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date is Thursday, March 6th. Dun & Bradstreet's dividend payout ratio (DPR) is currently -333.33%.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the company. Royal Bank of Canada reiterated a "sector perform" rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Needham & Company LLC decreased their target price 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, The Goldman Sachs Group dropped their price target on shares of Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a report on Friday, February 21st. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $12.50.
Read Our Latest Analysis on Dun & Bradstreet
Dun & Bradstreet Company Profile
(
Free Report)
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.
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