Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Holdings Trimmed by Royce & Associates LP

Royce & Associates LP lowered its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 7.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,646,606 shares of the business services provider's stock after selling 124,781 shares during the quarter. Royce & Associates LP owned 0.37% of Dun & Bradstreet worth $18,952,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in DNB. Evermay Wealth Management LLC acquired a new stake in shares of Dun & Bradstreet in the first quarter worth $37,000. Blue Trust Inc. increased its holdings in Dun & Bradstreet by 129.1% in the 2nd 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. Canada Pension Plan Investment Board boosted its position in shares of Dun & Bradstreet by 85.1% in the second quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider's stock worth $81,000 after buying an additional 4,000 shares during the period. KBC Group NV boosted its position in shares of Dun & Bradstreet by 33.9% in the third quarter. KBC Group NV now owns 9,878 shares of the business services provider's stock worth $114,000 after buying an additional 2,499 shares during the period. Finally, Xponance Inc. acquired a new stake in shares of Dun & Bradstreet in the second quarter valued at about $100,000. Hedge funds and other institutional investors own 86.68% of the company's stock.

Dun & Bradstreet Stock Performance

Shares of DNB traded down $0.18 during mid-day trading on Friday, reaching $12.12. 1,973,925 shares of the company's stock traded hands, compared to its average volume of 3,420,547. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 0.70. The business's 50-day moving average price is $11.54 and its 200-day moving average price is $10.78. The stock has a market capitalization of $5.35 billion, a P/E ratio of -151.56, a price-to-earnings-growth ratio of 3.45 and a beta of 1.15. Dun & Bradstreet Holdings, Inc. has a 12 month low of $8.77 and a 12 month high of $12.75.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 earnings per share for the quarter, meeting analysts' consensus estimates of $0.27. The business had revenue of $609.10 million for the quarter, compared to analysts' expectations of $605.64 million. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The company's revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.23 earnings per share. Equities analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be issued a $0.05 dividend. The ex-dividend date is Thursday, December 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.65%. Dun & Bradstreet's payout ratio is currently -250.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on DNB shares. Royal Bank of Canada lowered 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. 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 research report on Monday, August 5th. JPMorgan Chase & Co. raised their price target on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a "neutral" rating in a research report on Monday, August 5th. Barclays upped their price target on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an "equal weight" rating in a report on Friday, September 13th. Finally, StockNews.com raised shares of Dun & Bradstreet from a "sell" rating to a "hold" rating in a report on Wednesday, October 2nd. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $13.83.

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.