Shapiro Capital Management LLC Has $46.68 Million Stock Position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Shapiro Capital Management LLC grew its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 2.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,041,225 shares of the business services provider’s stock after acquiring an additional 134,700 shares during the period. Shapiro Capital Management LLC owned 1.14% of Dun & Bradstreet worth $46,682,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Evermay Wealth Management LLC acquired a new position in shares of Dun & Bradstreet in the first quarter valued at about $37,000. Blue Trust Inc. increased its holdings in shares of Dun & Bradstreet by 129.1% during the second quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock worth $46,000 after purchasing an additional 2,563 shares during the period. Headlands Technologies LLC acquired a new stake in shares of Dun & Bradstreet in the first quarter valued at approximately $70,000. Canada Pension Plan Investment Board boosted its stake in shares of Dun & Bradstreet by 85.1% in 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 buying an additional 4,000 shares during the period. Finally, Xponance Inc. acquired a new stake in Dun & Bradstreet during the second quarter worth approximately $100,000. Institutional investors own 86.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on DNB shares. Barclays raised their target price on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. StockNews.com upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Saturday. Needham & Company LLC restated a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a research note on Monday, August 5th. Royal Bank of Canada decreased their price target on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a research note on Friday, August 2nd. Finally, JPMorgan Chase & Co. upped their price objective on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Five equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $13.85.

Dun & Bradstreet Stock Up 2.3 %

Shares of NYSE DNB opened at $11.51 on Tuesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.71 and a quick ratio of 0.71. Dun & Bradstreet Holdings, Inc. has a 1 year low of $8.68 and a 1 year high of $12.75. The stock has a market capitalization of $5.10 billion, a P/E ratio of -143.88, a P/E/G ratio of 2.14 and a beta of 1.16. The company has a 50-day moving average price of $11.44 and a 200-day moving average price of $10.28.

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 the consensus estimate of $0.23. The firm had revenue of $576.20 million during the quarter, compared to analyst estimates of $580.77 million. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter last year, the business posted $0.17 EPS. On average, equities research analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.89 EPS for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend was Thursday, September 5th. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -250.00%.

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.