Kestrel Investment Management Corp Makes New $4.49 Million Investment in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Kestrel Investment Management Corp acquired a new position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 485,000 shares of the business services provider’s stock, valued at approximately $4,491,000. Dun & Bradstreet comprises about 3.0% of Kestrel Investment Management Corp’s investment portfolio, making the stock its 13th largest holding. Kestrel Investment Management Corp owned approximately 0.11% of Dun & Bradstreet as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Norges Bank acquired a new position in shares of Dun & Bradstreet in the 4th quarter valued at $35,820,000. Quantbot Technologies LP acquired a new stake in Dun & Bradstreet during the 1st quarter worth $1,844,000. Alaska Permanent Fund Corp lifted its stake in Dun & Bradstreet by 331.5% in the 1st quarter. Alaska Permanent Fund Corp now owns 160,289 shares of the business services provider’s stock worth $1,609,000 after purchasing an additional 123,139 shares in the last quarter. Hawk Ridge Capital Management LP grew its holdings in Dun & Bradstreet by 24.2% in the 4th quarter. Hawk Ridge Capital Management LP now owns 5,768,863 shares of the business services provider’s stock valued at $67,496,000 after buying an additional 1,123,400 shares in the last quarter. Finally, Natixis acquired a new stake in Dun & Bradstreet during the first quarter worth about $2,713,000. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Analyst Ratings Changes

DNB has been the topic of a number of research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $17.00 price target on shares of Dun & Bradstreet in a research note on Monday, August 5th. Barclays boosted their target price 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. StockNews.com cut shares of Dun & Bradstreet from a “hold” rating to a “sell” rating in a research report on Friday. The Goldman Sachs Group upped their price objective on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research note on Monday, August 5th. Finally, Royal Bank of Canada cut 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. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $13.85.

Dun & Bradstreet Stock Performance

NYSE DNB opened at $11.60 on Monday. The stock has a market cap of $5.14 billion, a price-to-earnings ratio of -145.00, a price-to-earnings-growth ratio of 2.14 and a beta of 1.16. The business has a fifty day moving average of $11.21 and a 200-day moving average of $10.24. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $8.68 and a fifty-two week high of $12.75. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 1.08.

Dun & Bradstreet (NYSE:DNB) last released its earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. Dun & Bradstreet had a positive return on equity of 11.35% and a negative net margin of 1.42%. The firm had revenue of $576.20 million for the quarter, compared to the consensus estimate of $580.77 million. During the same period in the prior year, the business posted $0.17 earnings per share. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. As a group, analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.89 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th will be issued a $0.05 dividend. The ex-dividend date is Thursday, September 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.72%. Dun & Bradstreet’s dividend payout ratio (DPR) is -250.00%.

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.