Truist Financial Corp Boosts Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Truist Financial Corp raised its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 8.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 24,420 shares of the business services provider’s stock after buying an additional 1,958 shares during the quarter. Truist Financial Corp’s holdings in Dun & Bradstreet were worth $304,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. KBC Group NV increased its stake 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 worth $114,000 after acquiring an additional 2,499 shares during the period. Paloma Partners Management Co purchased a new stake in Dun & Bradstreet in the 3rd quarter valued at approximately $117,000. Empowered Funds LLC acquired a new position in Dun & Bradstreet during the 4th quarter worth approximately $127,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Dun & Bradstreet during the 3rd quarter worth approximately $120,000. Finally, AlphaCore Capital LLC acquired a new stake in shares of Dun & Bradstreet in the 3rd quarter valued at approximately $156,000. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Analyst Ratings Changes

DNB has been the topic of a number of recent analyst reports. Needham & Company LLC dropped their price objective on Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating on the stock in a report on Friday, February 21st. The Goldman Sachs Group lowered their price target on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research note on Friday, February 21st. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Dun & Bradstreet has an average rating of “Hold” and an average target price of $12.50.

Dun & Bradstreet Stock Down 2.7 %

Dun & Bradstreet stock opened at $8.67 on Thursday. The firm has a market capitalization of $3.83 billion, a price-to-earnings ratio of -144.39, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $8.63 and a fifty-two week high of $12.94. The stock’s fifty day moving average is $11.11 and its two-hundred day moving average is $11.60.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The business had revenue of $631.90 million during the quarter, compared to analyst estimates of $658.04 million. Analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.20 annualized dividend and a dividend yield of 2.31%. Dun & Bradstreet’s dividend payout ratio is currently -333.33%.

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.