Harbor Capital Advisors Inc. Purchases 42,320 Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Harbor Capital Advisors Inc. boosted its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 3.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,209,101 shares of the business services provider’s stock after buying an additional 42,320 shares during the period. Dun & Bradstreet accounts for approximately 0.7% of Harbor Capital Advisors Inc.’s holdings, making the stock its 16th biggest position. Harbor Capital Advisors Inc. owned about 0.27% of Dun & Bradstreet worth $15,065,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Massachusetts Financial Services Co. MA grew its position in shares of Dun & Bradstreet by 5.9% during the third 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 purchasing an additional 3,144,458 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Dun & Bradstreet by 7.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 21,085,138 shares of the business services provider’s stock worth $242,690,000 after acquiring an additional 1,451,705 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Dun & Bradstreet by 14.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 14,665,247 shares of the business services provider’s stock valued at $135,796,000 after acquiring an additional 1,809,638 shares during the last quarter. FMR LLC grew its holdings in shares of Dun & Bradstreet by 17.8% in the third quarter. FMR LLC now owns 11,465,075 shares of the business services provider’s stock valued at $131,963,000 after purchasing an additional 1,733,220 shares in the last quarter. Finally, Azora Capital LP raised its stake in Dun & Bradstreet by 119.8% during the third quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock valued at $91,773,000 after purchasing an additional 4,346,033 shares in the last quarter. 86.68% of the stock is owned by institutional investors.

Dun & Bradstreet Stock Performance

Shares of DNB stock traded down $0.29 during mid-day trading on Friday, reaching $11.34. The stock had a trading volume of 1,295,455 shares, compared to its average volume of 2,723,063. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. Dun & Bradstreet Holdings, Inc. has a 1-year low of $8.77 and a 1-year high of $12.94. The firm has a market cap of $5.01 billion, a price-to-earnings ratio of -141.75, a PEG ratio of 3.44 and a beta of 1.15. The business’s fifty day moving average is $12.32 and its 200-day moving average is $11.48.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings results on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, meeting the consensus estimate 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 quarter last year, the business earned $0.23 earnings per share. The firm’s revenue was up 3.5% on a year-over-year basis. On average, research analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current year.

Dun & Bradstreet Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.76%. The ex-dividend date was Thursday, December 5th. Dun & Bradstreet’s payout ratio is -250.00%.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Barclays lifted their price target on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. StockNews.com raised Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Needham & Company LLC reiterated a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a research report on Friday, November 1st. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $13.13.

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.