Crescent Grove Advisors LLC Increases Stock Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Crescent Grove Advisors LLC grew its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 2.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,176,103 shares of the business services provider's stock after purchasing an additional 130,888 shares during the quarter. Dun & Bradstreet makes up approximately 7.3% of Crescent Grove Advisors LLC's portfolio, making the stock its 2nd largest holding. Crescent Grove Advisors LLC owned 1.40% of Dun & Bradstreet worth $71,087,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Quantbot Technologies LP acquired a new stake in Dun & Bradstreet in the 1st quarter valued at approximately $1,844,000. Natixis acquired a new position in Dun & Bradstreet during the 1st quarter valued at $2,713,000. Jane Street Group LLC bought a new stake in Dun & Bradstreet in the 1st quarter valued at $3,936,000. Magnetar Financial LLC bought a new position in shares of Dun & Bradstreet during the 1st quarter worth about $809,000. Finally, Vanguard Group Inc. raised its position in shares of Dun & Bradstreet by 3.3% during the first quarter. Vanguard Group Inc. now owns 27,428,272 shares of the business services provider's stock valued at $275,380,000 after buying an additional 868,621 shares during the last quarter. 86.68% of the stock is owned by institutional investors.

Dun & Bradstreet Price Performance

Dun & Bradstreet stock traded up $0.01 during trading hours on Wednesday, hitting $12.04. 2,846,099 shares of the stock were exchanged, compared to its average volume of 3,441,398. Dun & Bradstreet Holdings, Inc. has a 12 month low of $8.77 and a 12 month high of $12.75. The business's 50-day moving average is $11.47 and its two-hundred day moving average is $10.63. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 0.70. The stock has a market capitalization of $5.32 billion, a P/E ratio of -150.38, a P/E/G ratio of 2.76 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share for the quarter, meeting analysts' consensus estimates of $0.27. The firm had revenue of $609.10 million during the quarter, compared to analysts' expectations of $605.64 million. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The business's revenue was up 3.5% on a year-over-year basis. During the same period last year, the firm posted $0.23 EPS. Equities research analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.89 EPS for the current fiscal year.

Dun & Bradstreet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.66%. Dun & Bradstreet's dividend payout ratio is -250.00%.

Analyst Ratings Changes

Several equities analysts have commented on DNB shares. Royal Bank of Canada cut their price target on Dun & Bradstreet from $15.00 to $12.00 and set a "sector perform" rating for the company in a report on Friday, August 2nd. The Goldman Sachs Group lifted their price target on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the stock a "neutral" rating in a research note on Monday, August 5th. Barclays increased their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an "equal weight" rating in a research note on Friday, September 13th. JPMorgan Chase & Co. lifted their target price on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the company a "neutral" rating in a research report on Monday, August 5th. Finally, Needham & Company LLC restated a "buy" rating and set a $17.00 price target on shares of Dun & Bradstreet in a research note on Friday, November 1st. Five investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $13.83.

About Dun & Bradstreet

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.