Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Position Trimmed by River Road Asset Management LLC

River Road Asset Management LLC reduced its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 6.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 4,828,843 shares of the business services provider’s stock after selling 308,482 shares during the quarter. River Road Asset Management LLC owned approximately 1.09% of Dun & Bradstreet worth $55,580,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Principal Financial Group Inc. boosted its holdings in shares of Dun & Bradstreet by 32.2% during the first quarter. Principal Financial Group Inc. now owns 22,848 shares of the business services provider’s stock valued at $229,000 after acquiring an additional 5,560 shares during the period. GSA Capital Partners LLP acquired a new position in Dun & Bradstreet during the 1st quarter valued at about $622,000. Duality Advisers LP bought a new position in Dun & Bradstreet in the 1st quarter worth about $366,000. Quantbot Technologies LP acquired a new stake in shares of Dun & Bradstreet in the first quarter valued at approximately $1,844,000. Finally, Corbyn Investment Management Inc. MD raised its holdings in shares of Dun & Bradstreet by 29.9% during the first quarter. Corbyn Investment Management Inc. MD now owns 381,330 shares of the business services provider’s stock valued at $3,829,000 after buying an additional 87,785 shares during the last quarter. 86.68% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on DNB. 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 report on Friday, September 13th. The Goldman Sachs Group raised their price target on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a report on Monday, August 5th. JPMorgan Chase & Co. upped their price objective on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. StockNews.com upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $17.00 price target on shares of Dun & Bradstreet in a research note on Friday. Five research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $13.83.

Dun & Bradstreet Stock Up 0.8 %

DNB stock opened at $12.00 on Tuesday. Dun & Bradstreet Holdings, Inc. has a 12 month low of $8.77 and a 12 month high of $12.75. 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 50 day simple moving average of $11.47 and a 200 day simple moving average of $10.61.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, meeting analysts’ consensus estimates of $0.27. The company had revenue of $609.10 million during the quarter, compared to the consensus estimate of $605.64 million. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.23 EPS. On average, research analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.89 EPS for the current year.

Dun & Bradstreet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be issued a dividend of $0.05 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 1.67%. Dun & Bradstreet’s payout ratio is presently -250.00%.

About Dun & Bradstreet

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.