Charles Schwab Investment Management Inc. Has $50.79 Million Stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Charles Schwab Investment Management Inc. increased its holdings in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 2.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,075,848 shares of the business services provider’s stock after purchasing an additional 99,795 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.92% of Dun & Bradstreet worth $50,785,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Azora Capital LP raised its position in 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 worth $91,773,000 after acquiring an additional 4,346,033 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Dun & Bradstreet by 5.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 56,497,966 shares of the business services provider’s stock valued at $650,292,000 after purchasing an additional 3,144,458 shares during the period. FMR LLC raised 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 valued at $131,963,000 after purchasing an additional 1,733,220 shares during the period. Mizuho Markets Americas LLC bought a new position in shares of Dun & Bradstreet in the third quarter valued at about $17,750,000. Finally, Barclays PLC raised its position in shares of Dun & Bradstreet by 144.9% in the third 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. Institutional investors and hedge funds own 86.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on DNB. The Goldman Sachs Group dropped their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research report on Friday, February 21st. Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Finally, Needham & Company LLC dropped their price objective on shares of Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $12.50.

Dun & Bradstreet Trading Down 1.3 %

DNB opened at $7.89 on Friday. The company’s 50 day moving average is $10.62 and its 200-day moving average is $11.45. Dun & Bradstreet Holdings, Inc. has a 1-year low of $7.78 and a 1-year high of $12.94. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06. The company has a market cap of $3.48 billion, a P/E ratio of -131.39, a PEG ratio of 2.21 and a beta of 1.19.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 earnings per share (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 the consensus estimate of $658.04 million. Equities research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date of this dividend is Thursday, March 6th. Dun & Bradstreet’s payout ratio is -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.