Fmr LLC Acquires 1,733,220 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

FMR LLC grew its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 17.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,465,075 shares of the business services provider's stock after purchasing an additional 1,733,220 shares during the period. FMR LLC owned approximately 2.60% of Dun & Bradstreet worth $131,963,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of DNB. Massachusetts Financial Services Co. MA boosted its stake in shares of Dun & Bradstreet by 13.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 53,353,508 shares of the business services provider's stock valued at $494,053,000 after purchasing an additional 6,375,371 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of Dun & Bradstreet by 17.9% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 19,633,433 shares of the business services provider's stock valued at $181,806,000 after purchasing an additional 2,983,677 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Dun & Bradstreet by 14.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 14,665,247 shares of the business services provider's stock valued at $135,796,000 after acquiring an additional 1,809,638 shares during the period. Mizuho Markets Americas LLC purchased a new position in Dun & Bradstreet during the 3rd quarter valued at about $17,750,000. Finally, AQR Capital Management LLC lifted its position in Dun & Bradstreet by 141.1% during the 2nd quarter. AQR Capital Management LLC now owns 2,227,950 shares of the business services provider's stock valued at $20,386,000 after acquiring an additional 1,303,906 shares during the period. Institutional investors own 86.68% of the company's stock.

Dun & Bradstreet Stock Up 0.2 %

Dun & Bradstreet stock traded up $0.03 during trading hours on Wednesday, hitting $12.62. The stock had a trading volume of 1,432,600 shares, compared to its average volume of 3,334,041. 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's 50-day moving average price is $11.78 and its 200-day moving average price is $10.99. Dun & Bradstreet Holdings, Inc. has a 12-month low of $8.77 and a 12-month high of $12.94. The stock has a market capitalization of $5.57 billion, a P/E ratio of -157.38, a price-to-earnings-growth ratio of 3.52 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 earnings per share for the quarter, meeting 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 period in the previous year, the company earned $0.23 earnings per share. The firm's quarterly revenue was up 3.5% on a year-over-year basis. Equities research analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.88 EPS for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Thursday, December 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.58%. Dun & Bradstreet's payout ratio is -250.00%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on DNB shares. Needham & Company LLC reissued a "buy" rating and set a $17.00 price target on shares of Dun & Bradstreet in a research report on Friday, November 1st. StockNews.com raised shares of Dun & Bradstreet from a "sell" rating to a "hold" rating in a research report on Wednesday, October 2nd. Finally, Barclays lifted their price target 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 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. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price 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.