Harbor Capital Advisors Inc. Purchases 572,079 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Harbor Capital Advisors Inc. boosted its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 96.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,166,781 shares of the business services provider's stock after buying an additional 572,079 shares during the quarter. Dun & Bradstreet makes up approximately 0.6% of Harbor Capital Advisors Inc.'s portfolio, making the stock its 29th biggest position. Harbor Capital Advisors Inc. owned about 0.26% of Dun & Bradstreet worth $13,430,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its position in Dun & Bradstreet by 28.2% during the 3rd quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider's stock worth $67,000 after acquiring an additional 1,284 shares during the last quarter. OLD National Bancorp IN grew its holdings in Dun & Bradstreet by 6.9% in the 2nd quarter. OLD National Bancorp IN now owns 19,931 shares of the business services provider's stock worth $185,000 after acquiring an additional 1,286 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of Dun & Bradstreet by 12.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider's stock valued at $127,000 after acquiring an additional 1,533 shares during the last quarter. Tidal Investments LLC grew its stake in shares of Dun & Bradstreet by 10.2% in the first quarter. Tidal Investments LLC now owns 30,924 shares of the business services provider's stock worth $310,000 after purchasing an additional 2,856 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in Dun & Bradstreet by 10.4% during the 2nd quarter. Victory Capital Management Inc. now owns 37,513 shares of the business services provider's stock valued at $347,000 after purchasing an additional 3,533 shares during the period. Hedge funds and other institutional investors own 86.68% of the company's stock.

Dun & Bradstreet Stock Up 0.2 %

DNB stock traded up $0.02 during midday trading on Friday, hitting $11.91. The company's stock had a trading volume of 2,644,644 shares, compared to its average volume of 2,577,218. The company has a market cap of $5.26 billion, a PE ratio of -148.88, a P/E/G ratio of 2.76 and a beta of 1.15. The firm's 50-day moving average is $11.47 and its 200-day moving average is $10.59. Dun & Bradstreet Holdings, Inc. has a 12 month low of $8.77 and a 12 month high of $12.75. The company has a current ratio of 0.70, a quick ratio of 0.71 and a debt-to-equity ratio of 1.08.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The company had revenue of $609.10 million for the quarter, compared to analysts' expectations of $605.64 million. During the same period last year, the firm posted $0.23 earnings per share. Dun & Bradstreet's revenue was up 3.5% compared to the same quarter last year. On average, equities research 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 will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.20 dividend on an annualized basis and a yield of 1.68%. Dun & Bradstreet's dividend payout ratio (DPR) is -250.00%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on DNB shares. The Goldman Sachs Group upped their target price on Dun & Bradstreet from $10.40 to $11.80 and gave the company a "neutral" rating in a report on Monday, August 5th. Barclays increased their price target on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an "equal weight" rating in a research note on Friday, September 13th. Needham & Company LLC reiterated a "buy" rating and set a $17.00 target price on shares of Dun & Bradstreet in a report on Friday. Royal Bank of Canada lowered their target price on Dun & Bradstreet from $15.00 to $12.00 and set a "sector perform" rating for the company in a research note on Friday, August 2nd. Finally, JPMorgan Chase & Co. upped their price target on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a "neutral" rating in a research note on Monday, August 5th. Five investment 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 stock. Based on data from MarketBeat.com, Dun & Bradstreet currently has a consensus rating of "Moderate Buy" and a consensus price target of $13.85.

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.