Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC grew its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 15.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,677,399 shares of the business services provider’s stock after buying an additional 639,419 shares during the quarter. Geode Capital Management LLC owned about 1.06% of Dun & Bradstreet worth $53,853,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. lifted its holdings in Dun & Bradstreet by 12.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider’s stock valued at $127,000 after acquiring an additional 1,533 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Dun & Bradstreet by 4.0% in the second quarter. Bank of New York Mellon Corp now owns 1,491,636 shares of the business services provider’s stock valued at $13,813,000 after purchasing an additional 57,687 shares during the period. CIBC Asset Management Inc purchased a new stake in Dun & Bradstreet during the second quarter worth about $118,000. Versor Investments LP acquired a new position in Dun & Bradstreet during the second quarter worth about $575,000. Finally, Victory Capital Management Inc. increased its holdings in Dun & Bradstreet by 10.4% in the second quarter. Victory Capital Management Inc. now owns 37,513 shares of the business services provider’s stock valued at $347,000 after buying an additional 3,533 shares in the last quarter. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on DNB shares. StockNews.com raised Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Needham & Company LLC reissued a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a report on Friday, November 1st. Finally, Barclays raised their price target on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Five analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $13.83.

Dun & Bradstreet Trading Up 1.1 %

Dun & Bradstreet stock opened at $12.36 on Monday. Dun & Bradstreet Holdings, Inc. has a 52 week low of $8.77 and a 52 week high of $12.94. The stock has a market cap of $5.46 billion, a PE ratio of -154.50, a P/E/G ratio of 3.44 and a beta of 1.16. The stock has a 50-day moving average price of $12.03 and a 200 day moving average price of $11.20. 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 issued its quarterly earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $609.10 million during the quarter, compared to the consensus estimate of $605.64 million. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. Dun & Bradstreet’s revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.23 EPS. Equities research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 5th were issued a $0.05 dividend. The ex-dividend date was Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 1.62%. Dun & Bradstreet’s dividend payout ratio is currently -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.