Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives $13.64 Consensus PT from Brokerages

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $13.64.

DNB has been the topic 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 on the stock in a research note on Friday, April 12th. Raymond James raised Dun & Bradstreet from an “outperform” rating to a “strong-buy” rating and set a $18.00 price target on the stock in a research report on Friday, January 5th. Needham & Company LLC cut their price objective on Dun & Bradstreet from $18.00 to $17.00 and set a “buy” rating for the company in a research report on Friday, February 16th. Finally, The Goldman Sachs Group boosted their target price on Dun & Bradstreet from $10.30 to $11.50 and gave the stock a “neutral” rating in a report on Friday, February 16th.

Insider Buying and Selling at Dun & Bradstreet

In other news, Director Cannae Holdings, Inc. sold 10,000,000 shares of the business’s 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 sale, the director now owns 69,048,691 shares of the company’s stock, valued at $696,701,292.19. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 10.00% of the company’s stock.

Institutional Investors Weigh In On Dun & Bradstreet

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC increased its stake in Dun & Bradstreet by 4.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 14,208,101 shares of the business services provider’s stock worth $166,235,000 after acquiring an additional 588,460 shares during the period. Vanguard Group Inc. raised its stake in Dun & Bradstreet by 9.0% in the third quarter. Vanguard Group Inc. now owns 26,295,885 shares of the business services provider’s stock valued at $262,696,000 after purchasing an additional 2,176,044 shares in the last quarter. Ariel Investments LLC raised its stake in Dun & Bradstreet by 34.3% in the third quarter. Ariel Investments LLC now owns 3,557,872 shares of the business services provider’s stock valued at $35,543,000 after purchasing an additional 908,481 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Dun & Bradstreet by 55.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,699,014 shares of the business services provider’s stock worth $26,963,000 after purchasing an additional 962,045 shares during the period. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new stake in Dun & Bradstreet during the third quarter worth about $2,809,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Dun & Bradstreet Price Performance

Shares of NYSE DNB opened at $9.35 on Tuesday. 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 business has a 50-day moving average of $9.93 and a 200-day moving average of $10.45. The stock has a market capitalization of $4.10 billion, a price-to-earnings ratio of -85.00, a PEG ratio of 1.96 and a beta of 1.15. Dun & Bradstreet has a fifty-two week low of $8.68 and a fifty-two week high of $12.62.

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

Dun & Bradstreet Dividend Announcement

The company 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. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.20 annualized dividend and a yield of 2.14%. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -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.