Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Bought by State Street Corp

State Street Corp boosted its holdings in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 9.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,227,336 shares of the business services provider’s stock after purchasing an additional 468,027 shares during the period. State Street Corp owned approximately 1.18% of Dun & Bradstreet worth $60,167,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in DNB. Massachusetts Financial Services Co. MA raised its position in shares of Dun & Bradstreet by 5.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 56,497,966 shares of the business services provider’s stock worth $650,292,000 after purchasing an additional 3,144,458 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in Dun & Bradstreet by 7.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 21,085,138 shares of the business services provider’s stock valued at $242,690,000 after buying an additional 1,451,705 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Dun & Bradstreet by 14.1% in the second quarter. Dimensional Fund Advisors LP now owns 14,665,247 shares of the business services provider’s stock worth $135,796,000 after buying an additional 1,809,638 shares during the period. FMR LLC increased its position in shares of Dun & Bradstreet by 17.8% in the third quarter. FMR LLC now owns 11,465,075 shares of the business services provider’s stock worth $131,963,000 after acquiring an additional 1,733,220 shares in the last quarter. Finally, Azora Capital LP raised its holdings in shares of Dun & Bradstreet by 119.8% during the third quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock valued at $91,773,000 after acquiring an additional 4,346,033 shares during the period. 86.68% of the stock is currently owned by institutional investors.

Dun & Bradstreet Stock Performance

Shares of DNB stock opened at $12.19 on Thursday. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $8.77 and a fifty-two week high of $12.94. The stock’s 50-day moving average is $11.99 and its two-hundred day moving average is $11.16. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70. The firm has a market cap of $5.38 billion, a P/E ratio of -152.38, a PEG ratio of 3.44 and a beta of 1.16.

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

Dun & Bradstreet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be paid a dividend of $0.05 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.64%. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -250.00%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $17.00 price objective on shares of Dun & Bradstreet in a research note on Friday, November 1st. StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Barclays raised their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. Five equities research 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’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $13.83.

Dun & Bradstreet Company 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.