Jacobs Levy Equity Management Inc. Increases Stock Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Jacobs Levy Equity Management Inc. boosted its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 13.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 763,482 shares of the business services provider’s stock after buying an additional 89,215 shares during the period. Jacobs Levy Equity Management Inc.’s holdings in Dun & Bradstreet were worth $7,665,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust increased its holdings in shares of Dun & Bradstreet by 7,260.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,797 shares of the business services provider’s stock worth $33,000 after buying an additional 2,759 shares during the last quarter. Evermay Wealth Management LLC acquired a new stake in Dun & Bradstreet during the first quarter worth about $37,000. Signaturefd LLC raised its holdings in shares of Dun & Bradstreet by 100.7% in the 4th quarter. Signaturefd LLC now owns 3,541 shares of the business services provider’s stock worth $41,000 after purchasing an additional 1,777 shares during the period. Headlands Technologies LLC acquired a new position in shares of Dun & Bradstreet in the 1st quarter valued at about $70,000. Finally, Oak Thistle LLC purchased a new stake in shares of Dun & Bradstreet during the 1st quarter worth about $126,000. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Trading Up 2.3 %

Shares of NYSE:DNB traded up $0.24 during trading on Tuesday, hitting $11.06. The company’s stock had a trading volume of 3,651,309 shares, compared to its average volume of 3,558,913. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $8.68 and a fifty-two week high of $12.62. The stock’s 50-day moving average price is $9.62 and its two-hundred day moving average price is $10.12. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 1.04.

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

Dun & Bradstreet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.81%. Dun & Bradstreet’s payout ratio is -250.00%.

Analyst Upgrades and Downgrades

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

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.