Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Purchased by Sei Investments Co. (2024)

Posted by Defense World Staff on Jul 23rd, 2024

Sei Investments Co. increased its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB – Free Report) by 11.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 481,473 shares of the business services provider’s stock after purchasing an additional 51,228 shares during the period. Sei Investments Co. owned 0.11% of Dun & Bradstreet worth $4,833,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Swiss National Bank increased its position in Dun & Bradstreet by 9.2% during the first 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 during the last quarter. Corbyn Investment Management Inc. MD increased its position in Dun & Bradstreet by 29.9% during the first quarter. Corbyn Investment Management Inc. MD now owns 381,330 shares of the business services provider’s stock worth $3,829,000 after purchasing an additional 87,785 shares during the last quarter. Quantbot Technologies LP acquired a new stake in Dun & Bradstreet during the first quarter worth about $1,844,000. Duality Advisers LP acquired a new stake in Dun & Bradstreet during the first quarter worth about $366,000. Finally, GSA Capital Partners LLP purchased a new position in Dun & Bradstreet during the first quarter worth about $622,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Dun & Bradstreet Trading Up 3.0 %

NYSE DNB opened at $10.43 on Tuesday. The firm has a 50 day simple moving average of $9.62 and a 200-day simple moving average of $10.16. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.62 and a current ratio of 0.62. Dun & Bradstreet Holdings, Inc. has a one year low of $8.68 and a one year high of $12.62. The firm has a market cap of $4.62 billion, a price-to-earnings ratio of -130.38, a PEG ratio of 1.86 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB – Get Free Report) last issued its quarterly earnings results on Thursday, May 2nd. The business services provider reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. Dun & Bradstreet had a negative net margin of 1.56% and a positive return on equity of 10.99%. The company had revenue of $564.50 million during the quarter, compared to the consensus estimate of $567.77 million. Equities research analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.89 EPS for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 20th. Investors of record on Thursday, June 6th were paid a $0.05 dividend. The ex-dividend date was Thursday, June 6th. This represents a $0.20 dividend on an annualized basis and a yield of 1.92%. Dun & Bradstreet’s dividend payout ratio is currently -250.00%.

Analyst Upgrades and Downgrades

DNB has been the subject of several research analyst reports. Jefferies Financial Group lowered their target price on shares of Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, April 12th. Needham & Company LLC reaffirmed a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a research note on Tuesday, May 14th. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $13.64.

Get Our Latest Research Report on DNB

Dun & Bradstreet Profile

(Free Report)

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.

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