Barclays PLC grew its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 144.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,192,700 shares of the business services provider's stock after purchasing an additional 705,707 shares during the quarter. Barclays PLC owned approximately 0.27% of Dun & Bradstreet worth $13,728,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Charles Schwab Investment Management Inc. grew its stake in Dun & Bradstreet by 23.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,976,053 shares of the business services provider's stock worth $45,764,000 after buying an additional 760,956 shares during the last quarter. Versor Investments LP bought a new position in shares of Dun & Bradstreet during the second quarter worth about $575,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Dun & Bradstreet by 7.4% in the 3rd 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 period. Vulcan Value Partners LLC lifted 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 purchasing an additional 1,099,217 shares during the last quarter. Finally, Kestrel Investment Management Corp acquired a new position in Dun & Bradstreet during the 2nd quarter valued at about $4,491,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.
Dun & Bradstreet Price Performance
DNB traded down $0.04 during trading on Monday, reaching $12.27. The stock had a trading volume of 2,302,694 shares, compared to its average volume of 3,284,181. The stock has a 50 day moving average of $11.96 and a two-hundred day moving average of $11.14. 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 firm has a market capitalization of $5.42 billion, a price-to-earnings ratio of -153.31, a price-to-earnings-growth ratio of 3.44 and a beta of 1.16. Dun & Bradstreet Holdings, Inc. has a 1-year low of $8.77 and a 1-year high of $12.94.
Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted 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. The company had revenue of $609.10 million for the quarter, compared to the consensus estimate of $605.64 million. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The company's quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.23 EPS. As a group, equities analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.88 EPS for the current fiscal year.
Dun & Bradstreet Dividend Announcement
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 $0.05 dividend. The ex-dividend date is Thursday, December 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.63%. Dun & Bradstreet's dividend payout ratio is currently -250.00%.
Analyst Ratings Changes
Several equities research analysts have commented on the stock. StockNews.com upgraded shares of Dun & Bradstreet from a "sell" rating to a "hold" rating in a research note on Wednesday, October 2nd. Needham & Company LLC restated a "buy" rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research report on Friday, November 1st. Finally, Barclays boosted their price target on Dun & Bradstreet from $11.00 to $12.00 and gave the stock 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 issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $13.83.
View Our Latest Stock Report on Dun & Bradstreet
Dun & Bradstreet Profile
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Free Report)
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.
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