Atria Investments Inc Raises Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Atria Investments Inc grew its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 10.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 49,030 shares of the business services provider’s stock after buying an additional 4,783 shares during the quarter. Atria Investments Inc’s holdings in Dun & Bradstreet were worth $564,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA grew its holdings in shares of Dun & Bradstreet by 13.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 53,353,508 shares of the business services provider’s stock worth $494,053,000 after purchasing an additional 6,375,371 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Dun & Bradstreet by 3.3% during the first quarter. Vanguard Group Inc. now owns 27,428,272 shares of the business services provider’s stock worth $275,380,000 after purchasing an additional 868,621 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings 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 worth $242,690,000 after purchasing an additional 1,451,705 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Dun & Bradstreet by 14.1% during the second quarter. Dimensional Fund Advisors LP now owns 14,665,247 shares of the business services provider’s stock worth $135,796,000 after purchasing an additional 1,809,638 shares during the last quarter. Finally, Capital International Investors grew its holdings in shares of Dun & Bradstreet by 11.2% during the first quarter. Capital International Investors now owns 13,899,046 shares of the business services provider’s stock worth $139,546,000 after purchasing an additional 1,402,537 shares during the last quarter. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Price Performance

Shares of DNB opened at $11.97 on Wednesday. Dun & Bradstreet Holdings, Inc. has a twelve month low of $8.77 and a twelve month high of $12.75. The stock’s 50 day moving average is $11.55 and its two-hundred day moving average is $10.84. The firm has a market capitalization of $5.29 billion, a PE ratio of -149.63, a P/E/G ratio of 3.37 and a beta of 1.15. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.27. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The company had revenue of $609.10 million for the quarter, compared to analyst estimates of $605.64 million. During the same quarter in the previous year, the company earned $0.23 EPS. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. Research analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current year.

Dun & Bradstreet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.67%. Dun & Bradstreet’s payout ratio is -250.00%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. JPMorgan Chase & Co. raised their price target on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. The Goldman Sachs Group raised their price target on Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a report on Monday, August 5th. Barclays raised their price target on Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a report on Friday, September 13th. StockNews.com raised Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Royal Bank of Canada lowered their price target on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a report on Friday, August 2nd. Five analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $13.83.

Dun & Bradstreet Company Profile

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.