Quantbot Technologies LP Invests $1.84 Million in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Quantbot Technologies LP bought a new position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 183,699 shares of the business services provider’s stock, valued at approximately $1,844,000.

Other large investors have also recently bought and sold shares of the company. Russell Investments Group Ltd. boosted its holdings in shares of Dun & Bradstreet by 0.3% in the 4th quarter. Russell Investments Group Ltd. now owns 299,666 shares of the business services provider’s stock valued at $3,506,000 after buying an additional 908 shares during the last quarter. Treasurer of the State of North Carolina increased its holdings in shares of Dun & Bradstreet by 1.0% in the fourth quarter. Treasurer of the State of North Carolina now owns 120,806 shares of the business services provider’s stock valued at $1,413,000 after purchasing an additional 1,180 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of Dun & Bradstreet by 14.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 12,813 shares of the business services provider’s stock valued at $150,000 after purchasing an additional 1,656 shares during the period. Signaturefd LLC lifted its stake in shares of Dun & Bradstreet by 100.7% during the 4th quarter. Signaturefd LLC now owns 3,541 shares of the business services provider’s stock worth $41,000 after buying an additional 1,777 shares during the last quarter. Finally, Empire Life Investments Inc. boosted its holdings in shares of Dun & Bradstreet by 0.3% during the 4th quarter. Empire Life Investments Inc. now owns 677,289 shares of the business services provider’s stock worth $7,924,000 after buying an additional 2,177 shares during the period. 86.68% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DNB has been the subject of a number of research analyst reports. Jefferies Financial Group reduced their price objective on Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating for the company in a report on Friday, April 12th. Needham & Company LLC reaffirmed a “buy” rating and issued a $17.00 price objective on shares of Dun & Bradstreet in a report on Tuesday, May 14th. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $13.64.

Dun & Bradstreet Price Performance

Shares of NYSE DNB traded up $0.29 during mid-day trading on Friday, reaching $9.93. The company had a trading volume of 3,026,563 shares, compared to its average volume of 3,572,799. Dun & Bradstreet Holdings, Inc. has a one year low of $8.68 and a one year high of $12.62. The business’s 50-day simple moving average is $9.64 and its 200 day simple moving average is $10.26. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.62 and a current ratio of 0.62. The firm has a market cap of $4.40 billion, a price-to-earnings ratio of -120.50, a PEG ratio of 2.43 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB) last issued its earnings results on Thursday, May 2nd. The business services provider reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. The company had revenue of $564.50 million during the quarter, compared to analysts’ expectations of $567.77 million. Dun & Bradstreet had a negative net margin of 1.56% and a positive return on equity of 10.99%. On average, research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.89 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th were issued a $0.05 dividend. The ex-dividend date was Thursday, June 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.01%. Dun & Bradstreet’s dividend payout ratio (DPR) is currently -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.