Evermay Wealth Management LLC Acquires Shares of 3,645 Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Evermay Wealth Management LLC acquired a new stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,645 shares of the business services provider’s stock, valued at approximately $37,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Parkside Financial Bank & Trust raised its holdings in shares of Dun & Bradstreet by 7,260.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,797 shares of the business services provider’s stock valued at $33,000 after buying an additional 2,759 shares during the last quarter. Signaturefd LLC raised its position in 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 last quarter. Headlands Technologies LLC acquired a new position in Dun & Bradstreet during the 1st quarter worth $70,000. Oak Thistle LLC acquired a new position in Dun & Bradstreet during the 1st quarter worth $126,000. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in Dun & Bradstreet by 14.8% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 12,813 shares of the business services provider’s stock worth $150,000 after buying an additional 1,656 shares in the last quarter. 86.68% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Dun & Bradstreet Trading Up 2.5 %

Dun & Bradstreet stock traded up $0.26 during mid-day trading on Thursday, hitting $10.54. 2,707,356 shares of the company’s stock were exchanged, compared to its average volume of 3,572,002. The firm has a market capitalization of $4.67 billion, a P/E ratio of -131.75, a PEG ratio of 1.95 and a beta of 1.16. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $8.68 and a fifty-two week high of $12.62. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 1.04. The company’s 50 day simple moving average is $9.61 and its 200-day simple moving average is $10.15.

Dun & Bradstreet (NYSE:DNB) last released its 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. The firm had revenue of $564.50 million during the quarter, compared to analysts’ expectations of $567.77 million. Dun & Bradstreet had a positive return on equity of 10.99% and a negative net margin of 1.56%. On average, equities analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.89 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date is Thursday, September 5th. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -250.00%.

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.