Allspring Global Investments Holdings LLC Has $242.69 Million Stock Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Allspring Global Investments Holdings LLC increased its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 7.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,085,138 shares of the business services provider's stock after acquiring an additional 1,451,705 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 4.76% of Dun & Bradstreet worth $242,690,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Quantbot Technologies LP bought a new position in Dun & Bradstreet during the 1st quarter valued at $1,844,000. Natixis acquired a new position in Dun & Bradstreet in the first quarter worth about $2,713,000. Jane Street Group LLC bought a new stake in Dun & Bradstreet in the first quarter valued at about $3,936,000. Magnetar Financial LLC acquired a new stake in Dun & Bradstreet during the first quarter valued at approximately $809,000. Finally, Vanguard Group Inc. lifted its holdings in 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 buying an additional 868,621 shares during the last quarter. Hedge funds and other institutional investors own 86.68% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on DNB. StockNews.com upgraded shares of Dun & Bradstreet from a "sell" rating to a "hold" rating in a research report on Wednesday, October 2nd. Barclays increased 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. JPMorgan Chase & Co. upped their price objective on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a "neutral" rating in a research note on Monday, August 5th. Royal Bank of Canada reduced their price target on shares of Dun & Bradstreet from $15.00 to $12.00 and set a "sector perform" rating for the company in a report on Friday, August 2nd. Finally, The Goldman Sachs Group lifted their price objective 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 analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $13.85.

Dun & Bradstreet Price Performance

Shares of DNB traded up $0.08 during midday trading on Friday, reaching $11.54. The stock had a trading volume of 1,796,382 shares, compared to its average volume of 3,393,720. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.71 and a quick ratio of 0.71. The company has a market capitalization of $5.11 billion, a P/E ratio of -144.25, a P/E/G ratio of 2.66 and a beta of 1.16. The firm's 50 day moving average price is $11.63 and its 200-day moving average price is $10.47. Dun & Bradstreet Holdings, Inc. has a 52 week low of $8.68 and a 52 week high of $12.75.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share for the quarter, meeting analysts' consensus estimates of $0.23. The company had revenue of $576.20 million during the quarter, compared to the consensus estimate of $580.77 million. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. Dun & Bradstreet's revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.17 EPS. On average, analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.89 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, September 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.73%. Dun & Bradstreet's dividend payout ratio (DPR) is presently -250.00%.

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.