Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC grew its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 15.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,677,399 shares of the business services provider's stock after acquiring an additional 639,419 shares during the period. Geode Capital Management LLC owned about 1.06% of Dun & Bradstreet worth $53,853,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of DNB. Envestnet Portfolio Solutions Inc. raised its holdings in Dun & Bradstreet by 12.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider's stock worth $127,000 after purchasing an additional 1,533 shares during the period. Bank of New York Mellon Corp increased its holdings in Dun & Bradstreet by 4.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,491,636 shares of the business services provider's stock worth $13,813,000 after acquiring an additional 57,687 shares in the last quarter. CIBC Asset Management Inc acquired a new position in Dun & Bradstreet during the second quarter worth $118,000. Versor Investments LP purchased a new position in Dun & Bradstreet during the second quarter valued at $575,000. Finally, Victory Capital Management Inc. grew 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 valued at $347,000 after purchasing an additional 3,533 shares during the period. 86.68% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DNB has been the subject of several research analyst reports. Needham & Company LLC restated a "buy" rating and set a $17.00 price target on shares of Dun & Bradstreet in a research report on Friday, November 1st. Barclays increased their target price on Dun & Bradstreet from $11.00 to $12.00 and gave the company an "equal weight" rating in a report on Friday, September 13th. Finally, StockNews.com raised Dun & Bradstreet from a "sell" rating to a "hold" rating in a research note on Wednesday, October 2nd. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $13.83.

Dun & Bradstreet Price Performance

Shares of Dun & Bradstreet stock traded down $0.21 on Monday, hitting $12.15. 1,179,684 shares of the company were exchanged, compared to its average volume of 3,283,531. Dun & Bradstreet Holdings, Inc. has a 1-year low of $8.77 and a 1-year high of $12.94. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $5.36 billion, a price-to-earnings ratio of -151.88, a price-to-earnings-growth ratio of 3.44 and a beta of 1.16. The company has a 50-day moving average price of $12.03 and a 200 day moving average price of $11.21.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last issued its earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. The company 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 firm's quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.23 EPS. As a group, sell-side analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 1.65%. Dun & Bradstreet's payout ratio is -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.