Mirae Asset Global Investments Co. Ltd. Has $81,000 Stock Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Mirae Asset Global Investments Co. Ltd. reduced its holdings in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 57.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,650 shares of the business services provider’s stock after selling 9,150 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Dun & Bradstreet were worth $81,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in DNB. Azora Capital LP lifted its stake in Dun & Bradstreet by 119.8% during the 3rd quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock valued at $91,773,000 after acquiring an additional 4,346,033 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Dun & Bradstreet by 5.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 56,497,966 shares of the business services provider’s stock worth $650,292,000 after purchasing an additional 3,144,458 shares during the last quarter. FMR LLC increased its stake in Dun & Bradstreet by 17.8% in the 3rd quarter. FMR LLC now owns 11,465,075 shares of the business services provider’s stock valued at $131,963,000 after buying an additional 1,733,220 shares during the last quarter. Mizuho Markets Americas LLC bought a new position in shares of Dun & Bradstreet in the third quarter valued at approximately $17,750,000. Finally, Allspring Global Investments Holdings LLC increased its position in shares of Dun & Bradstreet by 7.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 21,085,138 shares of the business services provider’s stock valued at $242,690,000 after acquiring an additional 1,451,705 shares during the last quarter. Institutional investors and hedge funds own 86.68% of the company’s stock.

Dun & Bradstreet Stock Performance

NYSE DNB opened at $10.64 on Friday. The company’s 50 day moving average is $11.85 and its 200-day moving average is $11.80. The firm has a market cap of $4.70 billion, a P/E ratio of -132.94, a price-to-earnings-growth ratio of 2.84 and a beta of 1.14. Dun & Bradstreet Holdings, Inc. has a 12-month low of $8.77 and a 12-month high of $12.94. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08.

Dun & Bradstreet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend is Thursday, March 6th. Dun & Bradstreet’s payout ratio is currently -250.00%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Royal Bank of Canada restated a “sector perform” rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Needham & Company LLC reissued a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a research report on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $13.13.

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.