Mizuho Markets Americas LLC Invests $17.75 Million in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Mizuho Markets Americas LLC bought a new stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,542,141 shares of the business services provider’s stock, valued at approximately $17,750,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Swiss National Bank boosted its holdings in shares of Dun & Bradstreet by 9.2% in the 1st quarter. Swiss National Bank now owns 520,000 shares of the business services provider’s stock worth $5,221,000 after purchasing an additional 43,900 shares in the last quarter. Sei Investments Co. grew its position in Dun & Bradstreet by 11.9% during the first quarter. Sei Investments Co. now owns 481,473 shares of the business services provider’s stock valued at $4,833,000 after acquiring an additional 51,228 shares during the last quarter. Entropy Technologies LP bought a new stake in shares of Dun & Bradstreet in the 1st quarter worth approximately $438,000. Vanguard Group Inc. grew its holdings in shares of Dun & Bradstreet by 3.3% during the 1st quarter. Vanguard Group Inc. now owns 27,428,272 shares of the business services provider’s stock valued at $275,380,000 after purchasing an additional 868,621 shares during the last quarter. Finally, Edgestream Partners L.P. bought a new stake in Dun & Bradstreet in the first quarter worth $3,465,000. Institutional investors own 86.68% of the company’s stock.

Analyst Ratings Changes

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

Dun & Bradstreet Stock Down 1.4 %

Shares of Dun & Bradstreet stock opened at $12.13 on Friday. The company’s fifty day simple moving average is $11.54 and its two-hundred day simple moving average is $10.78. Dun & Bradstreet Holdings, Inc. has a 12-month low of $8.77 and a 12-month high of $12.75. 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 company has a market cap of $5.35 billion, a P/E ratio of -151.56, a PEG ratio of 3.45 and a beta of 1.15.

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

Dun & Bradstreet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.65%. Dun & Bradstreet’s dividend payout ratio is presently -250.00%.

Dun & Bradstreet 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.