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

Mizuho Markets Americas LLC acquired a new stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,542,141 shares of the business services provider’s stock, valued at approximately $17,750,000. Mizuho Markets Americas LLC owned approximately 0.35% of Dun & Bradstreet as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. KBC Group NV grew its position in Dun & Bradstreet by 33.9% during the 3rd quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after acquiring an additional 2,499 shares during the last quarter. Atria Investments Inc increased its stake in shares of Dun & Bradstreet by 10.8% in the third quarter. Atria Investments Inc now owns 49,030 shares of the business services provider’s stock valued at $564,000 after buying an additional 4,783 shares during the period. Verity Asset Management Inc. bought a new stake in Dun & Bradstreet during the 3rd quarter worth approximately $189,000. Crescent Grove Advisors LLC increased its position in Dun & Bradstreet by 2.2% in the 3rd quarter. Crescent Grove Advisors LLC now owns 6,176,103 shares of the business services provider’s stock valued at $71,087,000 after acquiring an additional 130,888 shares during the period. Finally, Innealta Capital LLC lifted its holdings in shares of Dun & Bradstreet by 56.7% during the third quarter. Innealta Capital LLC now owns 17,577 shares of the business services provider’s stock worth $202,000 after purchasing an additional 6,363 shares during the period. Institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Price Performance

DNB opened at $12.13 on Friday. The company has a market capitalization of $5.35 billion, a price-to-earnings ratio of -151.56, a PEG ratio of 3.45 and a beta of 1.15. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08. The firm has a 50-day moving average price of $11.54 and a 200-day moving average price of $10.78. Dun & Bradstreet Holdings, Inc. has a twelve month low of $8.77 and a twelve month high of $12.75.

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

Dun & Bradstreet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be paid a $0.05 dividend. The ex-dividend date is Thursday, December 5th. This represents a $0.20 dividend on an annualized basis and a yield of 1.65%. Dun & Bradstreet’s dividend payout ratio is currently -250.00%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on DNB. Needham & Company LLC reaffirmed a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a report on Friday, November 1st. Barclays upped their target price on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. The Goldman Sachs Group raised their price target on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a report on Monday, August 5th. Royal Bank of Canada reduced their price objective on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a research note on Friday, August 2nd. Finally, StockNews.com raised shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note 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 MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $13.83.

About Dun & Bradstreet

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.