New World Advisors LLC Acquires Shares of 11,500 Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

New World Advisors LLC acquired a new stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) during the fourth quarter, Holdings Channel reports. The firm acquired 11,500 shares of the business services provider’s stock, valued at approximately $143,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Blue Trust Inc. boosted its holdings in shares of Dun & Bradstreet by 28.2% in the 3rd quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock worth $67,000 after acquiring an additional 1,284 shares in the last quarter. KBC Group NV boosted its holdings in shares of Dun & Bradstreet by 33.9% in the 3rd quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after acquiring an additional 2,499 shares in the last quarter. Paloma Partners Management Co acquired a new position in shares of Dun & Bradstreet in the 3rd quarter worth approximately $117,000. Empowered Funds LLC acquired a new position in shares of Dun & Bradstreet in the 4th quarter worth approximately $127,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Dun & Bradstreet in the 3rd quarter worth approximately $120,000. 86.68% of the stock is owned by institutional investors and hedge funds.

Dun & Bradstreet Stock Performance

Shares of Dun & Bradstreet stock opened at $9.45 on Monday. The firm has a fifty day moving average of $11.63 and a two-hundred day moving average of $11.76. The stock has a market capitalization of $4.17 billion, a price-to-earnings ratio of -157.39, a PEG ratio of 2.21 and a beta of 1.14. Dun & Bradstreet Holdings, Inc. has a 52 week low of $8.77 and a 52 week high of $12.94. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65.

Dun & Bradstreet (NYSE:DNB) last issued its earnings results on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.05). The business had revenue of $631.90 million for the quarter, compared to the consensus estimate of $658.04 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. As a group, equities research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date is Thursday, March 6th. Dun & Bradstreet’s dividend payout ratio is currently -333.28%.

Wall Street Analyst Weigh In

DNB has been the topic of several recent analyst reports. Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 target price on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Needham & Company LLC reduced their price objective on Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating on the stock in a report on Friday. Finally, The Goldman Sachs Group reduced their price objective on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a report on Friday. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Dun & Bradstreet has an average rating of “Hold” and a consensus target price of $12.50.

Dun & Bradstreet Profile

Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.