Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have earned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the stock, MarketBeat reports. Three 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. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $13.64.

DNB has been the subject of several recent analyst reports. Jefferies Financial Group lowered their price objective 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. Raymond James raised shares of Dun & Bradstreet from an “outperform” rating to a “strong-buy” rating and set a $18.00 price objective for the company in a research note on Friday, January 5th. Needham & Company LLC lowered their price objective on shares of Dun & Bradstreet from $18.00 to $17.00 and set a “buy” rating for the company in a research note on Friday, February 16th. Finally, The Goldman Sachs Group upped their price objective on shares of Dun & Bradstreet from $10.30 to $11.50 and gave the company a “neutral” rating in a research note on Friday, February 16th.

Insider Buying and Selling

In related news, Director Cannae Holdings, Inc. sold 10,000,000 shares of the stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $10.09, for a total value of $100,900,000.00. Following the completion of the transaction, the director now directly owns 69,048,691 shares of the company’s stock, valued at $696,701,292.19. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 10.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Dun & Bradstreet

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Massachusetts Financial Services Co. MA grew its holdings in Dun & Bradstreet by 19.4% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 42,420,747 shares of the business services provider’s stock worth $496,323,000 after purchasing an additional 6,893,645 shares during the period. Vanguard Group Inc. grew its holdings in shares of Dun & Bradstreet by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 26,559,651 shares of the business services provider’s stock valued at $310,748,000 after buying an additional 263,766 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Dun & Bradstreet by 17.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 16,649,756 shares of the business services provider’s stock valued at $167,164,000 after buying an additional 2,441,655 shares during the last quarter. Capital International Investors grew its holdings in shares of Dun & Bradstreet by 0.8% during the fourth quarter. Capital International Investors now owns 12,496,509 shares of the business services provider’s stock valued at $146,209,000 after buying an additional 97,427 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Dun & Bradstreet by 34.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 9,737,345 shares of the business services provider’s stock valued at $113,929,000 after buying an additional 2,510,422 shares during the last quarter. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Stock Up 0.2 %

Shares of NYSE DNB opened at $9.19 on Tuesday. Dun & Bradstreet has a one year low of $8.68 and a one year high of $12.62. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.63 and a quick ratio of 0.63. The firm’s 50 day simple moving average is $10.05 and its two-hundred day simple moving average is $10.47. The stock has a market capitalization of $4.03 billion, a P/E ratio of -83.50, a PEG ratio of 1.95 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Thursday, February 15th. The business services provider reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. Dun & Bradstreet had a negative net margin of 2.03% and a positive return on equity of 10.65%. The business had revenue of $630.40 million for the quarter, compared to analysts’ expectations of $623.19 million. During the same period last year, the business earned $0.28 earnings per share. The business’s quarterly revenue was up 5.9% on a year-over-year basis. As a group, analysts expect that Dun & Bradstreet will post 0.88 EPS for the current fiscal year.

Dun & Bradstreet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 7th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date of this dividend was Wednesday, March 6th. Dun & Bradstreet’s payout ratio is currently -181.82%.

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.