Jacobs Levy Equity Management Inc. Boosts Stock Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Jacobs Levy Equity Management Inc. increased its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 13.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 763,482 shares of the business services provider’s stock after acquiring an additional 89,215 shares during the period. Jacobs Levy Equity Management Inc. owned about 0.17% of Dun & Bradstreet worth $7,665,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in DNB. Russell Investments Group Ltd. raised its holdings in shares of Dun & Bradstreet by 0.3% during the fourth quarter. Russell Investments Group Ltd. now owns 299,666 shares of the business services provider’s stock valued at $3,506,000 after purchasing an additional 908 shares during the last quarter. Treasurer of the State of North Carolina lifted its holdings in shares of Dun & Bradstreet by 1.0% during the 4th quarter. Treasurer of the State of North Carolina now owns 120,806 shares of the business services provider’s stock valued at $1,413,000 after buying an additional 1,180 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Dun & Bradstreet by 14.8% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 12,813 shares of the business services provider’s stock worth $150,000 after buying an additional 1,656 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Dun & Bradstreet by 100.7% in the 4th quarter. Signaturefd LLC now owns 3,541 shares of the business services provider’s stock worth $41,000 after buying an additional 1,777 shares during the last quarter. Finally, Empire Life Investments Inc. grew its holdings in shares of Dun & Bradstreet by 0.3% in the fourth quarter. Empire Life Investments Inc. now owns 677,289 shares of the business services provider’s stock worth $7,924,000 after acquiring an additional 2,177 shares during the period. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on DNB shares. Needham & Company LLC reissued a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research report on Tuesday, May 14th. Jefferies Financial Group dropped their price target on Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, April 12th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $13.64.

Dun & Bradstreet Trading Up 2.3 %

Shares of NYSE:DNB traded up $0.24 during trading on Tuesday, hitting $11.06. The company had a trading volume of 3,651,309 shares, compared to its average volume of 3,558,913. Dun & Bradstreet Holdings, Inc. has a one year low of $8.68 and a one year high of $12.62. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.62 and a quick ratio of 0.62. The company has a fifty day simple moving average of $9.62 and a two-hundred day simple moving average of $10.12.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Thursday, May 2nd. The business services provider reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. Dun & Bradstreet had a positive return on equity of 10.99% and a negative net margin of 1.56%. The firm had revenue of $564.50 million during the quarter, compared to analyst estimates of $567.77 million. Equities research analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.89 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 19th. Investors of record on Thursday, September 5th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date is Thursday, September 5th. Dun & Bradstreet’s dividend payout ratio is currently -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.