Wilson Asset Management International PTY Ltd. Sells 245,000 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Wilson Asset Management International PTY Ltd. decreased its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 20.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 969,163 shares of the business services provider's stock after selling 245,000 shares during the quarter. Dun & Bradstreet makes up approximately 2.7% of Wilson Asset Management International PTY Ltd.'s portfolio, making the stock its 19th largest holding. Wilson Asset Management International PTY Ltd. owned 0.22% of Dun & Bradstreet worth $11,155,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DNB. Evermay Wealth Management LLC bought a new position in Dun & Bradstreet during the first quarter valued at about $37,000. Blue Trust Inc. raised its stake in shares of Dun & Bradstreet by 129.1% in the second quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider's stock valued at $46,000 after purchasing an additional 2,563 shares in the last quarter. Headlands Technologies LLC bought a new position in Dun & Bradstreet in the first quarter worth $70,000. Canada Pension Plan Investment Board lifted its holdings in shares of Dun & Bradstreet by 85.1% during the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider's stock worth $81,000 after acquiring an additional 4,000 shares during the period. Finally, Xponance Inc. bought a new stake in Dun & Bradstreet in the second quarter valued at about $100,000. Institutional investors and hedge funds own 86.68% of the company's stock.

Dun & Bradstreet Stock Performance

Shares of NYSE DNB traded up $0.02 during mid-day trading on Tuesday, reaching $10.88. 3,120,177 shares of the company were exchanged, compared to its average volume of 3,366,754. The stock has a market capitalization of $4.81 billion, a P/E ratio of -135.75, a P/E/G ratio of 2.66 and a beta of 1.16. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 1.08. The company's 50-day simple moving average is $11.52 and its 200-day simple moving average is $10.53. Dun & Bradstreet Holdings, Inc. has a twelve month low of $8.68 and a twelve month high of $12.75.

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

Dun & Bradstreet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend is Thursday, December 5th. Dun & Bradstreet's dividend payout ratio is -250.00%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Barclays upped their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the company an "equal weight" rating in a research note on Friday, September 13th. JPMorgan Chase & Co. raised their price target on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a "neutral" rating in a research report on Monday, August 5th. The Goldman Sachs Group upped their target price on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the stock a "neutral" rating in a research note on Monday, August 5th. StockNews.com upgraded shares of Dun & Bradstreet from a "sell" rating to a "hold" rating in a research note on Wednesday, October 2nd. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $17.00 price target on shares of Dun & Bradstreet in a research report on Monday, August 5th. Five analysts have rated the stock with a hold rating, three have given 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 price target of $13.85.

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.