First Trust Advisors LP Increases Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

First Trust Advisors LP raised its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB – Get Rating) by 2.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 834,271 shares of the business services provider’s stock after buying an additional 23,502 shares during the quarter. First Trust Advisors LP owned approximately 0.19% of Dun & Bradstreet worth $10,336,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Capital International Investors grew its holdings in shares of Dun & Bradstreet by 3.9% in the first quarter. Capital International Investors now owns 26,497,270 shares of the business services provider’s stock valued at $464,232,000 after purchasing an additional 1,004,250 shares during the period. Mawer Investment Management Ltd. increased its stake in Dun & Bradstreet by 26.7% during the second quarter. Mawer Investment Management Ltd. now owns 20,137,427 shares of the business services provider’s stock worth $302,666,000 after acquiring an additional 4,245,533 shares during the last quarter. Vanguard Group Inc. raised its position in Dun & Bradstreet by 9.6% in the first quarter. Vanguard Group Inc. now owns 19,837,206 shares of the business services provider’s stock valued at $347,547,000 after purchasing an additional 1,736,998 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in shares of Dun & Bradstreet by 3.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 15,987,692 shares of the business services provider’s stock valued at $198,088,000 after purchasing an additional 527,550 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Dun & Bradstreet by 75.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 13,321,481 shares of the business services provider’s stock worth $165,052,000 after purchasing an additional 5,713,247 shares during the period. 85.36% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Dun & Bradstreet

In other news, Director Richard N. Massey sold 181,630 shares of the company’s stock in a transaction on Thursday, December 15th. The shares were sold at an average price of $13.00, for a total value of $2,361,190.00. Following the completion of the transaction, the director now owns 602,592 shares in the company, valued at approximately $7,833,696. The sale was disclosed in a document filed with the SEC, which is available at this link. 9.60% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Bank of America raised shares of Dun & Bradstreet from a “neutral” rating to a “buy” rating and set a $15.50 target price on the stock in a research report on Tuesday, January 17th. Raymond James dropped their target price on shares of Dun & Bradstreet from $21.00 to $18.00 and set an “outperform” rating for the company in a report on Friday, February 17th. Needham & Company LLC restated a “buy” rating and set a $18.00 price target on shares of Dun & Bradstreet in a research note on Thursday, February 23rd. Credit Suisse Group dropped their price objective on Dun & Bradstreet from $17.00 to $14.00 and set an “outperform” rating for the company in a research note on Friday, February 17th. Finally, Wells Fargo & Company decreased their target price on Dun & Bradstreet from $20.00 to $17.00 and set an “overweight” rating on the stock in a research note on Friday, February 17th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $15.75.

Dun & Bradstreet Stock Down 3.0 %

DNB stock opened at $11.31 on Monday. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $11.22 and a fifty-two week high of $18.05. The company’s 50 day moving average price is $13.11 and its 200 day moving average price is $13.14. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.64 and a current ratio of 0.64. The firm has a market capitalization of $4.93 billion, a price-to-earnings ratio of 11.54, a PEG ratio of 1.61 and a beta of 0.97.

Dun & Bradstreet (NYSE:DNB – Get Rating) last announced its quarterly earnings data on Thursday, February 16th. The business services provider reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The firm had revenue of $595.00 million during the quarter, compared to analyst estimates of $591.03 million. Dun & Bradstreet had a negative net margin of 0.10% and a positive return on equity of 11.67%. Dun & Bradstreet’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.31 earnings per share. On average, equities research analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.87 EPS for the current fiscal year.

Dun & Bradstreet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 16th. Investors of record on Thursday, March 2nd will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date is Wednesday, March 1st.

Dun & Bradstreet Profile

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Dun & Bradstreet Holdings, Inc provides business decisioning 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 powerful 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 InfoTorg, an online SaaS application.