Empowered Funds LLC Acquires Shares of 10,192 Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Empowered Funds LLC acquired a new stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,192 shares of the business services provider’s stock, valued at approximately $127,000.

Several other institutional investors have also added to or reduced their stakes in DNB. Blue Trust Inc. increased its position in shares of Dun & Bradstreet by 28.2% during the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock valued at $67,000 after buying 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. Paloma Partners Management Co bought a new stake in shares of Dun & Bradstreet during the third quarter valued at about $117,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Dun & Bradstreet during the third quarter valued at about $120,000. Finally, AlphaCore Capital LLC bought a new stake in shares of Dun & Bradstreet during the third quarter valued at about $156,000. 86.68% of the stock is owned by hedge funds and other institutional investors.

Dun & Bradstreet Stock Up 0.1 %

DNB stock opened at $9.45 on Friday. 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’s 50 day moving average is $11.63 and its 200 day moving average is $11.76. The stock has a market cap of $4.17 billion, a price-to-earnings ratio of -157.39, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14. Dun & Bradstreet Holdings, Inc. has a 1-year low of $8.77 and a 1-year high of $12.94.

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

Dun & Bradstreet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend is Thursday, March 6th. Dun & Bradstreet’s payout ratio is currently -333.28%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group decreased their price target on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research report on Friday. Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 price target on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Finally, Needham & Company LLC decreased their price target on Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating on the stock in a research report on Friday. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $12.50.

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.