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

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

A number of equities analysts recently commented on DNB shares. StockNews.com raised shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. The Goldman Sachs Group boosted their price target on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research note on Monday, August 5th. Barclays lifted their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. 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 report on Monday, August 5th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $17.00 price target on shares of Dun & Bradstreet in a research note on Monday, August 5th.

Dun & Bradstreet Trading Down 2.3 %

Shares of NYSE:DNB opened at $11.27 on Tuesday. Dun & Bradstreet has a 12-month low of $8.68 and a 12-month high of $12.75. The business has a 50 day moving average of $11.62 and a 200-day moving average of $10.49. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 1.08. The stock has a market cap of $4.99 billion, a PE ratio of -140.88, a P/E/G ratio of 2.66 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. The business 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 period in the previous year, the company posted $0.17 EPS. As a group, equities research analysts forecast that Dun & Bradstreet will post 0.89 earnings per share for the current year.

Dun & Bradstreet Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.77%. The ex-dividend date was Thursday, September 5th. Dun & Bradstreet’s payout ratio is -250.00%.

Institutional Investors Weigh In On Dun & Bradstreet

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

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.