
Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Sold by Ariel Investments LLC

Ariel Investments LLC reduced its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 3.5% in Q2, now holding 4,192,449 shares. Other hedge funds have also adjusted their positions. Dun & Bradstreet's stock opened at $14.25, with a 12-month range of $10.68 to $15.75. The company reported earnings of $0.23 per share, meeting estimates, and announced a quarterly dividend of $0.05. Analysts have mixed ratings on the stock, with several upgrading or adjusting price targets recently.
Ariel Investments LLC cut its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 3.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,192,449 shares of the business services provider's stock after selling 153,685 shares during the quarter. Ariel Investments LLC owned 0.95% of Dun & Bradstreet worth $38,822,000 at the end of the most recent reporting period.
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A number of other hedge funds have also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Dun & Bradstreet in the 4th quarter valued at about $35,820,000. Trexquant Investment LP acquired a new stake in shares of Dun & Bradstreet during the 4th quarter worth approximately $730,000. Treasurer of the State of North Carolina lifted its holdings in shares of Dun & Bradstreet by 1.0% in the 4th quarter. Treasurer of the State of North Carolina now owns 120,806 shares of the business services provider's stock worth $1,413,000 after purchasing an additional 1,180 shares during the last quarter. Clark Estates Inc. NY boosted its position in Dun & Bradstreet by 2.1% during the 4th quarter. Clark Estates Inc. NY now owns 2,391,000 shares of the business services provider's stock valued at $27,975,000 after purchasing an additional 50,000 shares during the period. Finally, Campbell & CO Investment Adviser LLC grew its stake in Dun & Bradstreet by 132.3% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 98,309 shares of the business services provider's stock worth $1,150,000 after buying an additional 55,994 shares during the last quarter. Institutional investors and hedge funds own 86.68% of the company's stock.
Dun & Bradstreet Price Performance
DNB opened at $11.25 on Thursday. Dun & Bradstreet Holdings, Inc. has a 12-month low of $8.68 and a 12-month 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. The firm has a market capitalization of $4.97 billion, a P/E ratio of -140.56, a PEG ratio of 2.67 and a beta of 1.16. The stock has a fifty day moving average of $11.49 and a 200-day moving average of $10.30.
Dun & Bradstreet (NYSE:DNB - Get Free Report) last issued its earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share for the quarter, meeting analysts' consensus estimates of $0.23. The company had revenue of $576.20 million for the quarter, compared to the consensus estimate of $580.77 million. Dun & Bradstreet had a positive return on equity of 11.35% and a negative net margin of 1.42%. The firm's quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.17 EPS. Equities analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.89 EPS for the current fiscal year.
Dun & Bradstreet Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.20 dividend on an annualized basis and a yield of 1.78%. Dun & Bradstreet's dividend payout ratio (DPR) is currently -250.00%.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on DNB. StockNews.com upgraded Dun & Bradstreet from a "sell" rating to a "hold" rating in a research report on Saturday, September 21st. Royal Bank of Canada lowered their price target on 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. JPMorgan Chase & Co. boosted 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. The Goldman Sachs Group lifted 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. Finally, Barclays lifted their price target on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an "equal weight" rating in a research report on Friday, September 13th. Five equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Dun & Bradstreet currently has an average rating of "Moderate Buy" and an average target price of $13.85.
Read Our Latest Analysis on Dun & Bradstreet
About Dun & Bradstreet
(Free Report)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.
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