Mizuho Markets Americas LLC acquired a new stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,542,141 shares of the business services provider's stock, valued at approximately $17,750,000. Mizuho Markets Americas LLC owned about 0.35% of Dun & Bradstreet at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in DNB. Swiss National Bank grew its stake in shares of Dun & Bradstreet by 9.2% in the 1st quarter. Swiss National Bank now owns 520,000 shares of the business services provider's stock valued at $5,221,000 after buying an additional 43,900 shares during the period. Sei Investments Co. boosted its position in shares of Dun & Bradstreet by 11.9% during the 1st quarter. Sei Investments Co. now owns 481,473 shares of the business services provider's stock worth $4,833,000 after purchasing an additional 51,228 shares during the period. Entropy Technologies LP purchased a new position in shares of Dun & Bradstreet during the 1st quarter worth approximately $438,000. Vanguard Group Inc. boosted its position in shares of Dun & Bradstreet by 3.3% during the 1st quarter. Vanguard Group Inc. now owns 27,428,272 shares of the business services provider's stock worth $275,380,000 after purchasing an additional 868,621 shares during the period. Finally, Edgestream Partners L.P. purchased a new position in shares of Dun & Bradstreet during the 1st quarter worth approximately $3,465,000. Hedge funds and other institutional investors own 86.68% of the company's stock.
Dun & Bradstreet Stock Down 1.5 %
Shares of DNB traded down $0.18 during midday trading on Friday, reaching $12.12. The stock had a trading volume of 1,973,925 shares, compared to its average volume of 3,420,547. Dun & Bradstreet Holdings, Inc. has a 1-year low of $8.77 and a 1-year high of $12.75. The company's fifty day simple moving average is $11.54 and its two-hundred day simple moving average is $10.78. The company has a market cap of $5.35 billion, a price-to-earnings ratio of -151.56, a PEG ratio of 3.45 and a beta of 1.15. 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 (NYSE:DNB - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The business services provider reported $0.27 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 for the quarter, compared to analyst estimates of $605.64 million. During the same period last year, the business earned $0.23 EPS. Dun & Bradstreet's revenue for the quarter was up 3.5% compared to the same quarter last year. Equities research analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current year.
Dun & Bradstreet Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.65%. The ex-dividend date is Thursday, December 5th. Dun & Bradstreet's payout ratio is currently -250.00%.
Analysts Set New Price Targets
Several equities analysts have commented on the stock. Needham & Company LLC reissued a "buy" rating and issued a $17.00 price target on shares of Dun & Bradstreet in a research report on Friday, November 1st. JPMorgan Chase & Co. raised their price target 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. Barclays raised 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. StockNews.com raised shares of Dun & Bradstreet from a "sell" rating to a "hold" rating in a research report on Wednesday, October 2nd. Finally, The Goldman Sachs Group raised their price target on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the company a "neutral" rating in a research report on Monday, August 5th. Five investment 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 stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $13.83.
View Our Latest Research Report on DNB
Dun & Bradstreet Company 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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