Swiss National Bank Has $6.87 Million Stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Swiss National Bank grew its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNBGet Rating) by 28.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 457,000 shares of the business services provider’s stock after acquiring an additional 100,100 shares during the period. Swiss National Bank’s holdings in Dun & Bradstreet were worth $6,869,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Advisory Services Network LLC lifted its holdings in shares of Dun & Bradstreet by 2.9% during the 2nd quarter. Advisory Services Network LLC now owns 26,051 shares of the business services provider’s stock valued at $391,000 after buying an additional 742 shares during the last quarter. Treasurer of the State of North Carolina lifted its holdings in shares of Dun & Bradstreet by 1.6% during the 1st quarter. Treasurer of the State of North Carolina now owns 58,987 shares of the business services provider’s stock valued at $1,033,000 after buying an additional 938 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in shares of Dun & Bradstreet by 6.8% during the 1st quarter. Teacher Retirement System of Texas now owns 30,987 shares of the business services provider’s stock valued at $543,000 after buying an additional 1,985 shares during the last quarter. Advisor Group Holdings Inc. lifted its holdings in shares of Dun & Bradstreet by 287.3% during the 1st quarter. Advisor Group Holdings Inc. now owns 2,750 shares of the business services provider’s stock valued at $48,000 after buying an additional 2,040 shares during the last quarter. Finally, AGF Investments LLC lifted its holdings in shares of Dun & Bradstreet by 4.9% during the 1st quarter. AGF Investments LLC now owns 45,878 shares of the business services provider’s stock valued at $804,000 after buying an additional 2,131 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. The Goldman Sachs Group reduced their price target on Dun & Bradstreet from $17.00 to $15.00 and set a “neutral” rating for the company in a report on Monday, November 7th. TheStreet lowered Dun & Bradstreet from a “c-” rating to a “d+” rating in a report on Friday, September 16th. Deutsche Bank Aktiengesellschaft reduced their target price on Dun & Bradstreet from $20.00 to $18.00 in a report on Friday, July 29th. StockNews.com began coverage on Dun & Bradstreet in a report on Wednesday, October 12th. They issued a “hold” rating for the company. Finally, Truist Financial reduced their target price on Dun & Bradstreet from $20.00 to $17.00 and set a “buy” rating for the company in a report on Wednesday, September 28th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Dun & Bradstreet currently has an average rating of “Hold” and an average target price of $17.90.

Dun & Bradstreet Stock Performance

Shares of NYSE DNB opened at $13.16 on Wednesday. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.99. The business’s 50 day moving average is $12.92 and its two-hundred day moving average is $14.54. The company has a market cap of $5.73 billion, a P/E ratio of -164.50, a P/E/G ratio of 1.88 and a beta of 0.78. Dun & Bradstreet Holdings, Inc. has a 12 month low of $11.23 and a 12 month high of $20.86.

Dun & Bradstreet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 15th. Shareholders of record on Thursday, December 1st will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Wednesday, November 30th. Dun & Bradstreet’s dividend payout ratio is currently -250.00%.

Insiders Place Their Bets

In other Dun & Bradstreet news, Director Thomas H. Lee Advisors, Llc sold 8,287,846 shares of Dun & Bradstreet stock in a transaction that occurred on Thursday, November 17th. The stock was sold at an average price of $13.40, for a total value of $111,057,136.40. Following the transaction, the director now directly owns 49,579,771 shares of the company’s stock, valued at approximately $664,368,931.40. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 9.60% of the company’s stock.

Dun & Bradstreet Company Profile

(Get Rating)

Dun & Bradstreet Holdings, Inc provides business decisioning 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 powerful 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 InfoTorg, an online SaaS application.

See Also

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Institutional Ownership by Quarter for Dun & Bradstreet (NYSE:DNB)

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