Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives $13.85 Average Target Price from Analysts

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has received an average rating of “Moderate Buy” from the eight ratings firms that are covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $13.85.

Several equities research analysts have recently commented on the stock. Royal Bank of Canada lowered their price target on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a research report on Friday, August 2nd. Needham & Company LLC reiterated a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a research report on Monday, August 5th. JPMorgan Chase & Co. raised their price target on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. The Goldman Sachs Group increased their target price on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research note on Monday, August 5th. Finally, StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Saturday.

Dun & Bradstreet Stock Performance

DNB stock opened at $11.40 on Friday. The company has a 50 day moving average price of $11.47 and a 200 day moving average price of $10.29. Dun & Bradstreet has a fifty-two week low of $8.68 and a fifty-two week high of $12.75. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.71 and a quick ratio of 0.71. The stock has a market capitalization of $5.05 billion, a PE ratio of -142.50, a price-to-earnings-growth ratio of 2.14 and a beta of 1.16.

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

Dun & Bradstreet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.75%. Dun & Bradstreet’s dividend payout ratio (DPR) is currently -250.00%.

Hedge Funds Weigh In On Dun & Bradstreet

Several institutional investors have recently modified their holdings of DNB. Norges Bank bought a new position in Dun & Bradstreet in the fourth quarter valued at approximately $35,820,000. Quantbot Technologies LP bought a new stake in Dun & Bradstreet in the 1st quarter valued at $1,844,000. Alaska Permanent Fund Corp boosted its stake in Dun & Bradstreet by 331.5% in the 1st quarter. Alaska Permanent Fund Corp now owns 160,289 shares of the business services provider’s stock worth $1,609,000 after purchasing an additional 123,139 shares during the period. Hawk Ridge Capital Management LP increased its holdings in Dun & Bradstreet by 24.2% during the 4th quarter. Hawk Ridge Capital Management LP now owns 5,768,863 shares of the business services provider’s stock worth $67,496,000 after purchasing an additional 1,123,400 shares in the last quarter. Finally, Natixis acquired a new stake in shares of Dun & Bradstreet in the 1st quarter valued at about $2,713,000. Institutional investors own 86.68% of the company’s stock.

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.