Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 14.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,665,247 shares of the business services provider’s stock after purchasing an additional 1,809,638 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.31% of Dun & Bradstreet worth $135,796,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Treasurer of the State of North Carolina boosted its holdings in Dun & Bradstreet by 1.0% in the 4th quarter. Treasurer of the State of North Carolina now owns 120,806 shares of the business services provider’s stock worth $1,413,000 after buying an additional 1,180 shares during the last quarter. OLD National Bancorp IN increased its position in shares of Dun & Bradstreet by 6.9% during the second quarter. OLD National Bancorp IN now owns 19,931 shares of the business services provider’s stock worth $185,000 after purchasing an additional 1,286 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in Dun & Bradstreet by 12.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider’s stock valued at $127,000 after purchasing an additional 1,533 shares during the last quarter. Blue Trust Inc. lifted 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. Finally, Tidal Investments LLC boosted its stake in Dun & Bradstreet by 10.2% during the 1st 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. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Wall Street Analysts Forecast Growth

DNB has been the subject of a number of recent research reports. Barclays increased their target price 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. JPMorgan Chase & Co. boosted their target price on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Royal Bank of Canada reduced their price objective on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a research report on Friday, August 2nd. StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Saturday. Finally, The Goldman Sachs Group raised their target price on Dun & Bradstreet from $10.40 to $11.80 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 an average target price of $13.85.

Dun & Bradstreet Stock Performance

Shares of Dun & Bradstreet stock opened at $11.25 on Friday. The business’s fifty day simple moving average is $11.41 and its 200-day simple moving average is $10.28. 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 firm has a market cap of $4.98 billion, a PE ratio of -140.63, a price-to-earnings-growth ratio of 2.14 and a beta of 1.16. Dun & Bradstreet Holdings, Inc. has a 52 week low of $8.68 and a 52 week high of $12.75.

Dun & Bradstreet (NYSE:DNB) last announced its earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. The company had revenue of $576.20 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the firm posted $0.17 earnings per share. Equities analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.89 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend was Thursday, September 5th. Dun & Bradstreet’s payout ratio is -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.