Allspring Global Investments Holdings LLC Decreases Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Allspring Global Investments Holdings LLC decreased its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 0.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,078,114 shares of the business services provider’s stock after selling 7,024 shares during the quarter. Allspring Global Investments Holdings LLC owned 4.77% of Dun & Bradstreet worth $260,326,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Blue Trust Inc. lifted its position in Dun & Bradstreet by 28.2% in the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 1,284 shares during the last quarter. KBC Group NV increased its stake in shares of Dun & Bradstreet by 33.9% in the third quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after buying an additional 2,499 shares during the period. Savant Capital LLC raised its holdings in Dun & Bradstreet by 5.2% during the 4th quarter. Savant Capital LLC now owns 74,983 shares of the business services provider’s stock valued at $934,000 after buying an additional 3,727 shares during the last quarter. Atria Investments Inc boosted its position in Dun & Bradstreet by 10.8% during the 3rd quarter. Atria Investments Inc now owns 49,030 shares of the business services provider’s stock valued at $564,000 after buying an additional 4,783 shares during the period. Finally, Innealta Capital LLC grew its holdings in Dun & Bradstreet by 56.7% in the 3rd quarter. Innealta Capital LLC now owns 17,577 shares of the business services provider’s stock worth $202,000 after acquiring an additional 6,363 shares during the last quarter. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Analyst Upgrades and Downgrades

DNB has been the subject of several recent analyst reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Needham & Company LLC restated a “buy” rating and set a $17.00 price target on shares of Dun & Bradstreet in a report on Friday, November 1st. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $13.13.

Dun & Bradstreet Stock Performance

Shares of DNB stock opened at $10.97 on Wednesday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 0.70. Dun & Bradstreet Holdings, Inc. has a 12 month low of $8.77 and a 12 month high of $12.94. The company’s fifty day moving average price is $11.96 and its 200-day moving average price is $11.81.

Dun & Bradstreet Announces Dividend

The company 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 $0.05 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.20 annualized dividend and a yield of 1.82%. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -250.00%.

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.