Atria Investments Inc Purchases 4,783 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Atria Investments Inc grew its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 10.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 49,030 shares of the business services provider’s stock after acquiring an additional 4,783 shares during the quarter. Atria Investments Inc’s holdings in Dun & Bradstreet were worth $564,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Evermay Wealth Management LLC purchased a new stake in Dun & Bradstreet during the first quarter valued at $37,000. Blue Trust Inc. grew its holdings in Dun & Bradstreet by 129.1% during the 2nd quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock valued at $46,000 after buying an additional 2,563 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in shares of Dun & Bradstreet by 85.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock worth $81,000 after purchasing an additional 4,000 shares during the period. Xponance Inc. purchased a new position in shares of Dun & Bradstreet in the 2nd quarter worth approximately $100,000. Finally, Innealta Capital LLC purchased a new position in shares of Dun & Bradstreet in the 1st quarter worth approximately $113,000. 86.68% of the stock is owned by institutional investors.

Dun & Bradstreet Stock Down 0.9 %

Shares of NYSE DNB opened at $11.97 on Wednesday. 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 0.70 and a debt-to-equity ratio of 1.08. The stock has a market cap of $5.29 billion, a P/E ratio of -149.63, a PEG ratio of 3.37 and a beta of 1.15. The business’s fifty day simple moving average is $11.55 and its 200-day simple moving average is $10.84.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share for the quarter, meeting 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 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 earned $0.23 earnings per share. Dun & Bradstreet’s quarterly revenue was up 3.5% on a year-over-year basis. As a group, equities analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.88 EPS for the current fiscal year.

Dun & Bradstreet Announces Dividend

The firm also recently declared 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 1.67%. The ex-dividend date of this dividend is Thursday, December 5th. Dun & Bradstreet’s dividend payout ratio is presently -250.00%.

Analyst Ratings Changes

A number of brokerages have weighed in on DNB. JPMorgan Chase & Co. lifted their target price on Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. Barclays boosted their target price on 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 price target on shares of Dun & Bradstreet in a research note on Friday, November 1st. The Goldman Sachs Group boosted their price target on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research note on Monday, August 5th. Finally, StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Five equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Dun & Bradstreet 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.