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

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has earned an average rating of “Moderate Buy” from the eight brokerages that are presently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $13.85.

DNB has been the topic of several recent research reports. JPMorgan Chase & Co. increased their target price on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. StockNews.com raised Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Saturday, September 21st. The Goldman Sachs Group lifted their target price on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a report on Monday, August 5th. Needham & Company LLC reissued a “buy” rating and issued a $17.00 price target on shares of Dun & Bradstreet in a report on Monday, August 5th. Finally, Barclays boosted their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th.

Dun & Bradstreet Stock Up 0.8 %

DNB stock opened at $11.35 on Friday. Dun & Bradstreet has a fifty-two week low of $8.68 and a fifty-two week high of $12.75. The stock has a fifty day moving average of $11.51 and a 200-day moving average of $10.30. The company has a market capitalization of $5.01 billion, a price-to-earnings ratio of -141.81, a PEG ratio of 2.67 and a beta of 1.16. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.71 and a current ratio of 0.71.

Dun & Bradstreet (NYSE:DNB) last posted its earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. The firm had revenue of $576.20 million during the quarter, compared to the consensus estimate of $580.77 million. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. The company’s revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the company earned $0.17 earnings per share. As a group, equities research analysts predict that Dun & Bradstreet will post 0.89 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were paid a $0.05 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.20 dividend on an annualized basis and a yield of 1.76%. Dun & Bradstreet’s dividend payout ratio is presently -250.00%.

Institutional Trading of Dun & Bradstreet

Institutional investors and hedge funds have recently made changes to their positions in the stock. Evermay Wealth Management LLC purchased a new position in Dun & Bradstreet in the first quarter worth $37,000. Blue Trust Inc. boosted its holdings in shares of Dun & Bradstreet by 129.1% in the 2nd quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock worth $46,000 after purchasing an additional 2,563 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of Dun & Bradstreet during the 1st quarter valued at about $70,000. Canada Pension Plan Investment Board raised its holdings in shares of Dun & Bradstreet by 85.1% during the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock valued at $81,000 after buying an additional 4,000 shares in the last quarter. Finally, Xponance Inc. bought a new stake in Dun & Bradstreet in the 2nd quarter worth approximately $100,000. Hedge funds and other institutional investors own 86.68% of the company’s stock.

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.