Rhumbline Advisers Acquires 5,545 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Rhumbline Advisers grew its holdings in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 2.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 288,169 shares of the business services provider’s stock after buying an additional 5,545 shares during the period. Rhumbline Advisers’ holdings in Dun & Bradstreet were worth $3,591,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Azora Capital LP lifted its holdings in shares of Dun & Bradstreet by 119.8% in the third quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock worth $91,773,000 after buying an additional 4,346,033 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings 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 worth $650,292,000 after buying an additional 3,144,458 shares in the last quarter. FMR LLC lifted its holdings 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 worth $131,963,000 after buying an additional 1,733,220 shares in the last quarter. Mizuho Markets Americas LLC purchased a new stake in shares of Dun & Bradstreet in the third quarter worth about $17,750,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Dun & Bradstreet by 23.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,976,053 shares of the business services provider’s stock worth $45,764,000 after buying an additional 760,956 shares in the last quarter. Institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Stock Up 0.3 %

Shares of NYSE DNB opened at $9.08 on Friday. Dun & Bradstreet Holdings, Inc. has a one year low of $8.77 and a one year high of $12.94. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70. The firm’s 50 day simple moving average is $11.31 and its two-hundred day simple moving average is $11.67. The stock has a market capitalization of $4.01 billion, a P/E ratio of -151.22, a PEG ratio of 2.21 and a beta of 1.14.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 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 for the quarter, compared to the consensus estimate of $658.04 million. As a group, analysts expect 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 2.20%. The ex-dividend date of this dividend is Thursday, March 6th. Dun & Bradstreet’s payout ratio is currently -333.33%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on DNB shares. The Goldman Sachs Group lowered their target price on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research note on Friday, February 21st. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $12.00 target price on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Finally, Needham & Company LLC lowered their target price on shares of Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating on the stock in a research note 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $12.50.

Dun & Bradstreet 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.