Stifel Financial Corp Purchases 11,753 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Stifel Financial Corp boosted its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 21.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 67,502 shares of the business services provider’s stock after purchasing an additional 11,753 shares during the quarter. Stifel Financial Corp’s holdings in Dun & Bradstreet were worth $777,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Quantinno Capital Management LP lifted its position in Dun & Bradstreet by 18.2% during the 3rd quarter. Quantinno Capital Management LP now owns 107,558 shares of the business services provider’s stock valued at $1,238,000 after acquiring an additional 16,554 shares during the period. Invenomic Capital Management LP increased its stake in shares of Dun & Bradstreet by 7.0% during the third quarter. Invenomic Capital Management LP now owns 2,190,800 shares of the business services provider’s stock valued at $25,216,000 after purchasing an additional 142,614 shares in the last quarter. HighTower Advisors LLC purchased a new position in shares of Dun & Bradstreet during the third quarter valued at approximately $176,000. Azora Capital LP boosted its position in shares of Dun & Bradstreet by 119.8% in the 3rd quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock worth $91,773,000 after purchasing an additional 4,346,033 shares in the last quarter. Finally, Paloma Partners Management Co purchased a new stake in shares of Dun & Bradstreet in the 3rd quarter worth approximately $117,000. Institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Trading Up 0.8 %

Dun & Bradstreet stock opened at $12.25 on Wednesday. Dun & Bradstreet Holdings, Inc. has a 52-week low of $8.77 and a 52-week high of $12.94. The company has a market cap of $5.41 billion, a P/E ratio of -153.13, a P/E/G ratio of 3.44 and a beta of 1.16. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08. The business has a 50-day simple moving average of $12.05 and a two-hundred day simple moving average of $11.23.

Dun & Bradstreet (NYSE:DNB) last announced its earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $609.10 million during the quarter, compared to analyst estimates of $605.64 million. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.23 earnings per share. Analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.88 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.63%. Dun & Bradstreet’s payout ratio is -250.00%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Needham & Company LLC reissued a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a report on Friday, November 1st. StockNews.com raised shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Barclays raised their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. Five 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 MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $13.83.

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.