Royce & Associates LP Has $18.95 Million Stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Royce & Associates LP decreased its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 7.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,646,606 shares of the business services provider’s stock after selling 124,781 shares during the period. Royce & Associates LP’s holdings in Dun & Bradstreet were worth $18,952,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of DNB. Swiss National Bank increased its holdings in shares of Dun & Bradstreet by 9.2% during the first quarter. Swiss National Bank now owns 520,000 shares of the business services provider’s stock worth $5,221,000 after buying an additional 43,900 shares in the last quarter. Sei Investments Co. increased its holdings in shares of Dun & Bradstreet by 11.9% during the first quarter. Sei Investments Co. now owns 481,473 shares of the business services provider’s stock worth $4,833,000 after buying an additional 51,228 shares in the last quarter. Entropy Technologies LP acquired a new stake in shares of Dun & Bradstreet in the first quarter valued at approximately $438,000. Vanguard Group Inc. increased its holdings in shares of Dun & Bradstreet by 3.3% in the first quarter. Vanguard Group Inc. now owns 27,428,272 shares of the business services provider’s stock valued at $275,380,000 after purchasing an additional 868,621 shares in the last quarter. Finally, Edgestream Partners L.P. acquired a new stake in shares of Dun & Bradstreet in the first quarter valued at approximately $3,465,000. Institutional investors and hedge funds own 86.68% of the company’s stock.

Dun & Bradstreet Trading Down 1.4 %

Shares of NYSE DNB opened at $12.13 on Friday. The company’s fifty day moving average is $11.54 and its 200-day moving average is $10.78. The stock has a market cap of $5.35 billion, a price-to-earnings ratio of -151.56, a P/E/G ratio of 3.45 and a beta of 1.15. Dun & Bradstreet Holdings, Inc. has a twelve month low of $8.77 and a twelve month high of $12.75. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly 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. The company had revenue of $609.10 million for the quarter, compared to analysts’ expectations of $605.64 million. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period last year, the firm posted $0.23 earnings per share. Equities research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.88 EPS for the current year.

Dun & Bradstreet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be issued 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 1.65%. Dun & Bradstreet’s payout ratio is -250.00%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on DNB shares. Royal Bank of Canada lowered their price target on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a report on Friday, August 2nd. Needham & Company LLC reissued a “buy” rating and issued a $17.00 price target on shares of Dun & Bradstreet in a report on Friday, November 1st. StockNews.com raised shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Barclays raised their price target 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. Finally, The Goldman Sachs Group raised their price target on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a report on Monday, August 5th. Five equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target 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.