Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Purchased by State Street Corp

State Street Corp increased its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 9.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,227,336 shares of the business services provider's stock after purchasing an additional 468,027 shares during the period. State Street Corp owned approximately 1.18% of Dun & Bradstreet worth $60,167,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Stifel Financial Corp lifted its position in shares of Dun & Bradstreet by 21.1% during the third quarter. Stifel Financial Corp now owns 67,502 shares of the business services provider's stock worth $777,000 after purchasing an additional 11,753 shares during the last quarter. Quantinno Capital Management LP increased its holdings in Dun & Bradstreet by 18.2% during the 3rd quarter. Quantinno Capital Management LP now owns 107,558 shares of the business services provider's stock worth $1,238,000 after purchasing an additional 16,554 shares during the period. Invenomic Capital Management LP lifted its holdings in shares of Dun & Bradstreet by 7.0% in the 3rd quarter. Invenomic Capital Management LP now owns 2,190,800 shares of the business services provider's stock worth $25,216,000 after buying an additional 142,614 shares during the period. HighTower Advisors LLC bought a new stake in shares of Dun & Bradstreet in the 3rd quarter valued at about $176,000. Finally, Azora Capital LP lifted its position in Dun & Bradstreet by 119.8% during the third quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider's stock valued at $91,773,000 after acquiring an additional 4,346,033 shares during the last quarter. 86.68% of the stock is currently owned by institutional investors.

Dun & Bradstreet Stock Performance

NYSE:DNB traded up $0.03 during midday trading on Thursday, hitting $12.22. The company's stock had a trading volume of 5,106,951 shares, compared to its average volume of 3,292,992. 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 Holdings, Inc. has a fifty-two week low of $8.77 and a fifty-two week high of $12.94. The firm's 50 day moving average is $11.99 and its 200-day moving average is $11.16. The firm has a market cap of $5.40 billion, a P/E ratio of -152.75, a P/E/G ratio of 3.44 and a beta of 1.16.

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, 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 during the quarter, compared to analysts' expectations of $605.64 million. During the same quarter last year, the company posted $0.23 earnings per share. The firm's revenue was up 3.5% compared to the same quarter last year. Equities analysts anticipate 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 will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.64%. The ex-dividend date is Thursday, December 5th. Dun & Bradstreet's dividend payout ratio (DPR) is -250.00%.

Analyst Ratings Changes

Several analysts have recently commented on DNB shares. StockNews.com upgraded Dun & Bradstreet from a "sell" rating to a "hold" rating in a report on Wednesday, October 2nd. 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. Finally, 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 report on Friday, September 13th. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Dun & Bradstreet has a consensus rating of "Moderate Buy" and a consensus price target of $13.83.

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.