Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Stock Holdings Boosted by Raymond James & Associates

Raymond James & Associates lifted its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 8.6% in the 3rd quarter, Holdings Channel reports. The fund owned 1,542,456 shares of the business services provider’s stock after buying an additional 122,460 shares during the period. Raymond James & Associates’ holdings in Dun & Bradstreet were worth $17,754,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of DNB. Blue Trust Inc. grew its position in Dun & Bradstreet by 28.2% in the 3rd 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 in the last quarter. OLD National Bancorp IN grew its position in Dun & Bradstreet by 6.9% in the 2nd quarter. OLD National Bancorp IN now owns 19,931 shares of the business services provider’s stock valued at $185,000 after buying an additional 1,286 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in Dun & Bradstreet by 12.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider’s stock valued at $127,000 after buying an additional 1,533 shares in the last quarter. Tidal Investments LLC grew its position in Dun & Bradstreet by 10.2% in the 1st quarter. Tidal Investments LLC now owns 30,924 shares of the business services provider’s stock valued at $310,000 after buying an additional 2,856 shares in the last quarter. Finally, Park Avenue Securities LLC grew its position in Dun & Bradstreet by 10.7% in the 1st quarter. Park Avenue Securities LLC now owns 35,216 shares of the business services provider’s stock valued at $354,000 after buying an additional 3,393 shares in the last quarter. Institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Price Performance

DNB stock opened at $10.89 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 1.08. Dun & Bradstreet Holdings, Inc. has a one year low of $8.68 and a one year high of $12.75. The firm has a market capitalization of $4.82 billion, a PE ratio of -136.13, a P/E/G ratio of 2.66 and a beta of 1.16. The firm has a 50-day moving average of $11.54 and a two-hundred day moving average of $10.52.

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

Dun & Bradstreet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend is Thursday, December 5th. Dun & Bradstreet’s dividend payout ratio is presently -250.00%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research report on Monday, August 5th. Barclays raised their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. JPMorgan Chase & Co. raised their price objective on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. The Goldman Sachs Group raised their price objective on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research report on Monday, August 5th. Finally, Royal Bank of Canada reduced their price objective on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a research report on Friday, August 2nd. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Dun & Bradstreet presently has a consensus rating of “Moderate Buy” and an average price target of $13.85.

About Dun & Bradstreet

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.