Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Bought by Park Avenue Securities LLC

Park Avenue Securities LLC grew its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 15.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,548 shares of the business services provider’s stock after buying an additional 8,103 shares during the period. Park Avenue Securities LLC’s holdings in Dun & Bradstreet were worth $754,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. State Street Corp boosted its stake in Dun & Bradstreet by 9.8% in the third quarter. State Street Corp now owns 5,227,336 shares of the business services provider’s stock valued at $60,167,000 after acquiring an additional 468,027 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Dun & Bradstreet by 23.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,976,053 shares of the business services provider’s stock valued at $45,764,000 after purchasing an additional 760,956 shares during the last quarter. Barclays PLC boosted its position in shares of Dun & Bradstreet by 144.9% in the 3rd quarter. Barclays PLC now owns 1,192,700 shares of the business services provider’s stock valued at $13,728,000 after purchasing an additional 705,707 shares during the period. MML Investors Services LLC grew its stake in Dun & Bradstreet by 62.2% during the 3rd quarter. MML Investors Services LLC now owns 27,795 shares of the business services provider’s stock worth $320,000 after buying an additional 10,658 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position 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 worth $242,690,000 after buying an additional 1,451,705 shares during the period. 86.68% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. StockNews.com upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Needham & Company LLC reissued a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a research report on Friday, November 1st. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $13.13.

Dun & Bradstreet Price Performance

Dun & Bradstreet stock opened at $11.45 on Wednesday. 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 business has a 50 day simple moving average of $12.17 and a 200-day simple moving average of $11.63. Dun & Bradstreet Holdings, Inc. has a 12 month low of $8.77 and a 12 month high of $12.94. The stock has a market capitalization of $5.05 billion, a PE ratio of -143.08, a price-to-earnings-growth ratio of 2.64 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, hitting analysts’ consensus estimates of $0.27. The company had revenue of $609.10 million during the quarter, compared to the consensus estimate of $605.64 million. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. Dun & Bradstreet’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.23 EPS. Equities analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.89 earnings per share for the current year.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.