State of New Jersey Common Pension Fund D Sells 33,330 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

State of New Jersey Common Pension Fund D trimmed its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 16.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 165,160 shares of the business services provider’s stock after selling 33,330 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Dun & Bradstreet were worth $1,901,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of DNB. Massachusetts Financial Services Co. MA boosted its stake in Dun & Bradstreet by 13.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 53,353,508 shares of the business services provider’s stock valued at $494,053,000 after acquiring an additional 6,375,371 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Dun & Bradstreet by 17.9% in the second quarter. Allspring Global Investments Holdings LLC now owns 19,633,433 shares of the business services provider’s stock valued at $181,806,000 after acquiring an additional 2,983,677 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Dun & Bradstreet by 14.1% in the second quarter. Dimensional Fund Advisors LP now owns 14,665,247 shares of the business services provider’s stock valued at $135,796,000 after acquiring an additional 1,809,638 shares in the last quarter. Capital International Investors boosted its stake in Dun & Bradstreet by 11.2% in the first quarter. Capital International Investors now owns 13,899,046 shares of the business services provider’s stock valued at $139,546,000 after acquiring an additional 1,402,537 shares in the last quarter. Finally, AQR Capital Management LLC boosted its stake in Dun & Bradstreet by 141.1% in the second quarter. AQR Capital Management LLC now owns 2,227,950 shares of the business services provider’s stock valued at $20,386,000 after acquiring an additional 1,303,906 shares in the last quarter. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Dun & Bradstreet Trading Down 1.5 %

Shares of Dun & Bradstreet stock opened at $12.12 on Monday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70. The firm has a fifty day moving average price of $11.54 and a 200 day moving average price of $10.80. Dun & Bradstreet Holdings, Inc. has a 1 year low of $8.77 and a 1 year high of $12.75. The stock has a market cap of $5.35 billion, a PE ratio of -151.50, a price-to-earnings-growth ratio of 3.37 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings data 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 business had revenue of $609.10 million during the quarter, compared to the consensus estimate of $605.64 million. During the same quarter in the prior year, the firm posted $0.23 earnings per share. The company’s revenue was up 3.5% compared to the same quarter last year. Equities research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.65%. The ex-dividend date is Thursday, December 5th. Dun & Bradstreet’s payout ratio is currently -250.00%.

Analyst Ratings Changes

Several brokerages have weighed in on DNB. JPMorgan Chase & Co. raised their target price on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Monday, August 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $17.00 price target on shares of Dun & Bradstreet in a report on Friday, November 1st. Royal Bank of Canada decreased 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. Barclays raised their price target on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a report on Friday, September 13th. Finally, StockNews.com raised shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. 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 company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $13.83.

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.