Citigroup Inc. Has $11.76 Million Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Citigroup Inc. decreased its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 2.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,021,801 shares of the business services provider’s stock after selling 26,698 shares during the period. Citigroup Inc. owned approximately 0.23% of Dun & Bradstreet worth $11,761,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of DNB. Raymond James Trust N.A. boosted its position in shares of Dun & Bradstreet by 62.1% during the 3rd quarter. Raymond James Trust N.A. now owns 34,591 shares of the business services provider’s stock valued at $398,000 after purchasing an additional 13,249 shares in the last quarter. AlphaCore Capital LLC bought a new position in shares of Dun & Bradstreet during the 3rd quarter worth approximately $156,000. Charles Schwab Investment Management Inc. grew its position in shares of Dun & Bradstreet by 23.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,976,053 shares of the business services provider’s stock worth $45,764,000 after buying an additional 760,956 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of Dun & Bradstreet by 5.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 56,497,966 shares of the business services provider’s stock valued at $650,292,000 after acquiring an additional 3,144,458 shares during the period. Finally, Thrivent Financial for Lutherans boosted its stake in Dun & Bradstreet by 9.6% during the third quarter. Thrivent Financial for Lutherans now owns 790,254 shares of the business services provider’s stock worth $9,096,000 after acquiring an additional 69,339 shares in the last quarter. Institutional investors own 86.68% of the company’s stock.

Wall Street Analyst Weigh In

DNB has been the topic of several research reports. StockNews.com upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. JPMorgan Chase & Co. increased their price target on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Barclays boosted their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. Royal Bank of Canada cut their target price on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a report on Friday, August 2nd. Finally, The Goldman Sachs Group boosted their price target on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research note on Monday, August 5th. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.83.

Dun & Bradstreet Trading Down 0.2 %

NYSE DNB opened at $12.71 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $5.61 billion, a P/E ratio of -158.88, a PEG ratio of 3.54 and a beta of 1.15. The business has a fifty day simple moving average of $11.68 and a 200 day simple moving average of $10.93. Dun & Bradstreet Holdings, Inc. has a 12 month low of $8.77 and a 12 month high of $12.94.

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

Dun & Bradstreet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.57%. The ex-dividend date is Thursday, December 5th. Dun & Bradstreet’s dividend payout ratio is presently -250.00%.

Dun & Bradstreet Company Profile

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.