Charles Schwab Investment Management Inc. Has $45.76 Million Stock Position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Charles Schwab Investment Management Inc. boosted its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 23.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 3,976,053 shares of the business services provider’s stock after buying an additional 760,956 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Dun & Bradstreet were worth $45,764,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Massachusetts Financial Services Co. MA lifted its holdings in Dun & Bradstreet by 13.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 53,353,508 shares of the business services provider’s stock valued at $494,053,000 after buying an additional 6,375,371 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of Dun & Bradstreet by 17.9% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 19,633,433 shares of the business services provider’s stock valued at $181,806,000 after purchasing an additional 2,983,677 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Dun & Bradstreet by 14.1% in the 2nd 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. Mizuho Markets Americas LLC acquired a new stake in shares of Dun & Bradstreet during the third quarter worth $17,750,000. Finally, AQR Capital Management LLC increased its holdings in Dun & Bradstreet by 141.1% in the second quarter. AQR Capital Management LLC now owns 2,227,950 shares of the business services provider’s stock valued at $20,386,000 after purchasing an additional 1,303,906 shares during the last quarter. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. The Goldman Sachs Group raised their target price on Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a report on Monday, August 5th. Barclays lifted their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Needham & Company LLC reaffirmed a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research note on Friday, November 1st. StockNews.com raised shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. upped 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. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $13.83.

Dun & Bradstreet Trading Down 0.1 %

DNB opened at $12.70 on Monday. The stock has a market capitalization of $5.61 billion, a P/E ratio of -158.75, a P/E/G ratio of 3.53 and a beta of 1.15. The firm’s fifty day simple moving average is $11.74 and its 200 day simple moving average is $10.96. 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 Holdings, Inc. has a 12 month low of $8.77 and a 12 month high of $12.94.

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

Dun & Bradstreet Dividend Announcement

The firm 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 $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.57%. The ex-dividend date is Thursday, December 5th. Dun & Bradstreet’s dividend payout ratio (DPR) is -250.00%.

Dun & Bradstreet 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.