Amalgamated Bank Reduces Stock Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Amalgamated Bank trimmed its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 70.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,268 shares of the business services provider’s stock after selling 37,257 shares during the period. Amalgamated Bank’s holdings in Dun & Bradstreet were worth $176,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of DNB. Swiss National Bank boosted its position in Dun & Bradstreet by 9.2% in the first quarter. Swiss National Bank now owns 520,000 shares of the business services provider’s stock worth $5,221,000 after purchasing an additional 43,900 shares during the last quarter. Sei Investments Co. lifted its position in shares of Dun & Bradstreet by 11.9% during the 1st quarter. Sei Investments Co. now owns 481,473 shares of the business services provider’s stock valued at $4,833,000 after buying an additional 51,228 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of 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 valued at $275,380,000 after buying an additional 868,621 shares in the last quarter. Seven Eight Capital LP purchased a new position in shares of Dun & Bradstreet during the 1st quarter valued at about $180,000. Finally, Natixis purchased a new position in shares of Dun & Bradstreet during the 1st quarter valued at about $2,713,000. 86.68% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DNB has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. StockNews.com raised Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Barclays lifted their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Royal Bank of Canada decreased their target price on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a research note on Friday, August 2nd. Finally, The Goldman Sachs Group lifted their target price on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research note on Monday, August 5th. Five analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $13.83.

Dun & Bradstreet Stock Down 1.5 %

Shares of DNB opened at $12.12 on Monday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. Dun & Bradstreet Holdings, Inc. has a 12-month low of $8.77 and a 12-month high of $12.75. The business’s 50 day moving average is $11.54 and its 200 day moving average is $10.80. The company has a market capitalization of $5.35 billion, a PE ratio of -151.50, a price-to-earnings-growth ratio of 3.37 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.27. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The business had revenue of $609.10 million for the quarter, compared to the consensus estimate of $605.64 million. During the same quarter in the previous year, the company posted $0.23 EPS. The company’s revenue was up 3.5% compared to the same quarter last year. Research analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Thursday, December 5th. Dun & Bradstreet’s payout ratio is -250.00%.

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.