Stifel Financial Corp Acquires 11,753 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Stifel Financial Corp boosted its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 21.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,502 shares of the business services provider’s stock after buying an additional 11,753 shares during the period. Stifel Financial Corp’s holdings in Dun & Bradstreet were worth $777,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Blue Trust Inc. raised its stake in shares of Dun & Bradstreet by 28.2% during the 3rd quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 1,284 shares during the period. KBC Group NV increased its position in shares of Dun & Bradstreet by 33.9% during the third quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock valued at $114,000 after buying an additional 2,499 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of Dun & Bradstreet by 10.4% in the second quarter. Victory Capital Management Inc. now owns 37,513 shares of the business services provider’s stock worth $347,000 after buying an additional 3,533 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 valued at $81,000 after acquiring an additional 4,000 shares during the period. Finally, Perpetual Ltd grew its stake in Dun & Bradstreet by 35.7% during the third quarter. Perpetual Ltd now owns 16,871 shares of the business services provider’s stock valued at $194,000 after acquiring an additional 4,439 shares in the last quarter. Institutional investors own 86.68% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on DNB. Needham & Company LLC reissued a “buy” rating and issued a $17.00 price target on shares of Dun & Bradstreet in a report on Friday, November 1st. 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 note on Friday, September 13th. Finally, StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $13.83.

Dun & Bradstreet Stock Up 0.8 %

Shares of NYSE:DNB opened at $12.25 on Wednesday. The stock has a market capitalization of $5.41 billion, a P/E ratio of -153.13, a price-to-earnings-growth ratio of 3.44 and a beta of 1.16. The stock’s 50-day moving average price is $12.05 and its 200-day moving average price is $11.23. 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 $12.94.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings results on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, hitting 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 positive return on equity of 11.50% and a negative net margin of 1.46%. The business’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.23 EPS. On average, equities analysts anticipate 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 was paid on Thursday, December 19th. Investors of record on Thursday, December 5th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.63%. Dun & Bradstreet’s dividend payout ratio is presently -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.