Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Sold by US Bancorp DE

US Bancorp DE trimmed its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 46.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,371 shares of the business services provider’s stock after selling 10,948 shares during the period. US Bancorp DE’s holdings in Dun & Bradstreet were worth $142,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DNB. Evermay Wealth Management LLC bought a new stake in shares of Dun & Bradstreet in the 1st quarter valued at approximately $37,000. Blue Trust Inc. raised its holdings in shares of Dun & Bradstreet by 129.1% during the second quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock worth $46,000 after purchasing an additional 2,563 shares during the period. Canada Pension Plan Investment Board lifted its position in shares of Dun & Bradstreet by 85.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock worth $81,000 after buying an additional 4,000 shares during the last quarter. Xponance Inc. acquired a new position in shares of Dun & Bradstreet in the 2nd quarter valued at about $100,000. Finally, Innealta Capital LLC bought a new stake in shares of Dun & Bradstreet during the 1st quarter valued at about $113,000. 86.68% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on DNB shares. StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Needham & Company LLC restated a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a research note on Friday, November 1st. Barclays raised their target price on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. JPMorgan Chase & Co. upped their price target on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Finally, Royal Bank of Canada cut their price objective on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a research report on Friday, August 2nd. Five analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $13.83.

Dun & Bradstreet Stock Performance

DNB stock opened at $12.13 on Friday. The company has a market capitalization of $5.35 billion, a P/E ratio of -151.56, a PEG ratio of 3.45 and a beta of 1.15. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08. The company has a 50-day simple moving average of $11.54 and a 200 day simple moving average of $10.78. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $8.77 and a fifty-two week high of $12.75.

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, hitting analysts’ consensus estimates of $0.27. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The company 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 business posted $0.23 EPS. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. Sell-side analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date is Thursday, December 5th. 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.