Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Short Interest Down 7.2% in November

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) was the target of a large decrease in short interest in November. As of November 15th, there was short interest totalling 25,950,000 shares, a decrease of 7.2% from the October 31st total of 27,970,000 shares. Currently, 8.7% of the company’s stock are sold short. Based on an average daily trading volume, of 2,520,000 shares, the days-to-cover ratio is presently 10.3 days.

Institutional Investors Weigh In On Dun & Bradstreet

A number of hedge funds have recently made changes to their positions in the company. Blue Trust Inc. lifted its position in Dun & Bradstreet by 28.2% during the 3rd quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock worth $67,000 after buying an additional 1,284 shares in the last quarter. OLD National Bancorp IN grew its stake in shares of Dun & Bradstreet by 6.9% during the second quarter. OLD National Bancorp IN now owns 19,931 shares of the business services provider’s stock valued at $185,000 after purchasing an additional 1,286 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Dun & Bradstreet by 12.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider’s stock valued at $127,000 after purchasing an additional 1,533 shares in the last quarter. KBC Group NV raised its position in Dun & Bradstreet by 33.9% in the 3rd quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after purchasing an additional 2,499 shares during the last quarter. Finally, Tidal Investments LLC lifted its holdings in Dun & Bradstreet by 10.2% during the 1st quarter. Tidal Investments LLC now owns 30,924 shares of the business services provider’s stock worth $310,000 after buying an additional 2,856 shares in the last quarter. Institutional investors and hedge funds own 86.68% of the company’s stock.

Dun & Bradstreet Stock Performance

Shares of NYSE:DNB traded down $0.01 during trading on Wednesday, reaching $12.58. 188,506 shares of the company’s stock traded hands, compared to its average volume of 3,328,537. The company has a 50 day moving average of $11.78 and a 200-day moving average of $10.99. The stock has a market capitalization of $5.55 billion, a P/E ratio of -157.38, a price-to-earnings-growth ratio of 3.52 and a beta of 1.16. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70. Dun & Bradstreet has a 12 month low of $8.77 and a 12 month high of $12.94.

Dun & Bradstreet (NYSE:DNB) last issued its earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.27. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The business had revenue of $609.10 million for the quarter, compared to analysts’ expectations of $605.64 million. During the same period in the previous year, the firm posted $0.23 EPS. The company’s quarterly revenue was up 3.5% on a year-over-year basis. On average, equities analysts expect that Dun & Bradstreet will post 0.88 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be given a $0.05 dividend. The ex-dividend date is Thursday, December 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.59%. Dun & Bradstreet’s dividend payout ratio is currently -250.00%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Needham & Company LLC restated a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research note on Friday, November 1st. StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Barclays upped 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. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Dun & Bradstreet presently has a consensus rating of “Moderate Buy” and an average price target of $13.83.

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.