Cwm LLC Cuts Stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Cwm LLC lessened its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 13.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,378 shares of the business services provider’s stock after selling 2,127 shares during the quarter. Cwm LLC’s holdings in Dun & Bradstreet were worth $154,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Evermay Wealth Management LLC bought a new position in shares of Dun & Bradstreet during the 1st quarter valued at approximately $37,000. Blue Trust Inc. raised its stake in Dun & Bradstreet by 129.1% during the second quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 2,563 shares in the last quarter. Headlands Technologies LLC purchased a new stake in Dun & Bradstreet during the first quarter valued at $70,000. Canada Pension Plan Investment Board lifted its position in Dun & Bradstreet by 85.1% during 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 purchasing an additional 4,000 shares during the last quarter. Finally, Xponance Inc. purchased a new position in shares of Dun & Bradstreet in the 2nd quarter worth $100,000. Institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Price Performance

NYSE:DNB opened at $10.93 on Thursday. Dun & Bradstreet Holdings, Inc. has a 52 week low of $8.68 and a 52 week high of $12.75. The stock’s fifty day moving average is $11.60 and its two-hundred day moving average is $10.50. The company has a market capitalization of $4.84 billion, a P/E ratio of -136.63, a P/E/G ratio of 2.66 and a beta of 1.16. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 1.08.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.23 EPS for the quarter, hitting the consensus estimate of $0.23. Dun & Bradstreet had a positive return on equity of 11.35% and a negative net margin of 1.42%. The business had revenue of $576.20 million during the quarter, compared to analyst estimates of $580.77 million. During the same period last year, the business posted $0.17 earnings per share. The company’s quarterly revenue was up 3.9% on a year-over-year basis. Equities analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.89 EPS for the current year.

Dun & Bradstreet Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.83%. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -250.00%.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. The Goldman Sachs Group increased their target price on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research note on Monday, August 5th. JPMorgan Chase & Co. lifted their price target on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Needham & Company LLC reissued a “buy” rating and issued a $17.00 price objective on shares of Dun & Bradstreet in a research report on Monday, August 5th. Finally, Barclays raised their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Five research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $13.85.

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.