Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Holdings Trimmed by Clark Estates Inc. NY

Clark Estates Inc. NY lowered its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 12.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,260,100 shares of the business services provider’s stock after selling 320,900 shares during the quarter. Dun & Bradstreet accounts for 4.8% of Clark Estates Inc. NY’s investment portfolio, making the stock its 2nd largest holding. Clark Estates Inc. NY’s holdings in Dun & Bradstreet were worth $26,014,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in DNB. Jane Street Group LLC acquired a new stake in shares of Dun & Bradstreet during the 1st quarter valued at approximately $3,936,000. Vanguard Group Inc. increased its stake in Dun & Bradstreet by 3.3% in the 1st 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. Versor Investments LP acquired a new position in Dun & Bradstreet during the second quarter worth $575,000. Linden Thomas Advisory Services LLC boosted its position in Dun & Bradstreet by 44.7% during the second quarter. Linden Thomas Advisory Services LLC now owns 69,292 shares of the business services provider’s stock worth $642,000 after purchasing an additional 21,396 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in Dun & Bradstreet by 7.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 21,085,138 shares of the business services provider’s stock valued at $242,690,000 after purchasing an additional 1,451,705 shares during the last quarter. Institutional investors and hedge funds own 86.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on DNB. JPMorgan Chase & Co. raised their price target on Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. Barclays upped 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. The Goldman Sachs Group raised their price objective on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Needham & Company LLC restated a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a research report on Friday, November 1st. Finally, Royal Bank of Canada cut their price target on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a report on Friday, August 2nd. Five investment 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, the company has a consensus rating of “Moderate Buy” and a consensus target price of $13.83.

Dun & Bradstreet Price Performance

Shares of DNB opened at $12.73 on Wednesday. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $8.77 and a fifty-two week high of $12.94. The stock has a fifty day moving average of $11.63 and a two-hundred day moving average of $10.90. 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 released its earnings results on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The firm had revenue of $609.10 million during the quarter, compared to analyst estimates of $605.64 million. During the same period in the prior year, the firm posted $0.23 earnings per share. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. Equities research analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be given a $0.05 dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.57%. Dun & Bradstreet’s dividend payout ratio is presently -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.