Clark Estates Inc. NY trimmed its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB – Free Report) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,231,990 shares of the business services provider’s stock after selling 28,110 shares during the quarter. Dun & Bradstreet accounts for 5.4% of Clark Estates Inc. NY’s holdings, making the stock its 2nd biggest holding. Clark Estates Inc. NY owned 0.51% of Dun & Bradstreet worth $27,811,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. State Street Corp grew its stake in shares of Dun & Bradstreet by 9.8% in the third quarter. State Street Corp now owns 5,227,336 shares of the business services provider’s stock valued at $60,167,000 after acquiring an additional 468,027 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Dun & Bradstreet by 23.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,976,053 shares of the business services provider’s stock worth $45,764,000 after purchasing an additional 760,956 shares during the period. Park Avenue Securities LLC raised its position in shares of Dun & Bradstreet by 15.5% in the fourth quarter. Park Avenue Securities LLC now owns 60,548 shares of the business services provider’s stock valued at $754,000 after buying an additional 8,103 shares in the last quarter. Barclays PLC raised its position in shares of Dun & Bradstreet by 144.9% in the third quarter. Barclays PLC now owns 1,192,700 shares of the business services provider’s stock valued at $13,728,000 after buying an additional 705,707 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in shares of Dun & Bradstreet by 62.2% in the third quarter. MML Investors Services LLC now owns 27,795 shares of the business services provider’s stock valued at $320,000 after buying an additional 10,658 shares during the period. Institutional investors own 86.68% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have weighed in on DNB shares. The Goldman Sachs Group dropped their price objective on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a report on Friday, February 21st. Needham & Company LLC dropped their price target on Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Finally, 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. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $12.50.
Dun & Bradstreet Stock Down 0.5 %
Shares of NYSE DNB opened at $8.96 on Wednesday. The stock has a 50-day moving average price of $11.18 and a two-hundred day moving average price of $11.62. The company has a market cap of $3.95 billion, a price-to-earnings ratio of -149.24, a PEG ratio of 2.21 and a beta of 1.14. Dun & Bradstreet Holdings, Inc. has a 12 month low of $8.77 and a 12 month high of $12.94. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06.
Dun & Bradstreet (NYSE:DNB – Get Free Report) last issued its earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The firm had revenue of $631.90 million during the quarter, compared to analyst estimates of $658.04 million. As a group, analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.
Dun & Bradstreet Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date is Thursday, March 6th. Dun & Bradstreet’s payout ratio is -333.33%.
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.
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