Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Given Average Rating of “Moderate Buy” by Brokerages

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has earned an average rating of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $13.83.

A number of brokerages have commented on DNB. StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Needham & Company LLC restated a “buy” rating and set a $17.00 price target on shares of Dun & Bradstreet in a report on Friday, November 1st. 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.

Institutional Investors Weigh In On Dun & Bradstreet

Institutional investors and hedge funds have recently made changes to their positions in the company. Blue Trust Inc. increased its stake in shares of Dun & Bradstreet by 28.2% in the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock valued at $67,000 after buying an additional 1,284 shares in the last quarter. Canada Pension Plan Investment Board grew its stake in shares of Dun & Bradstreet by 85.1% during the second quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock worth $81,000 after purchasing an additional 4,000 shares during the period. KBC Group NV increased its holdings in Dun & Bradstreet by 33.9% in the third quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock valued at $114,000 after purchasing an additional 2,499 shares during the last quarter. Paloma Partners Management Co bought a new stake in Dun & Bradstreet in the third quarter valued at about $117,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in Dun & Bradstreet in the third quarter valued at about $120,000. Institutional investors and hedge funds own 86.68% of the company’s stock.

Dun & Bradstreet Price Performance

Shares of NYSE DNB opened at $12.35 on Friday. Dun & Bradstreet has a twelve month low of $8.77 and a twelve month high of $12.94. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The firm has a 50-day moving average of $12.19 and a two-hundred day moving average of $11.37. The company has a market capitalization of $5.45 billion, a price-to-earnings ratio of -154.38, a PEG ratio of 3.44 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB) last announced 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. The company had revenue of $609.10 million for the quarter, compared to analyst estimates of $605.64 million. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. Dun & Bradstreet’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.23 earnings per share. As a group, analysts expect that Dun & Bradstreet will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th were issued a $0.05 dividend. The ex-dividend date was Thursday, December 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.62%. Dun & Bradstreet’s payout ratio is presently -250.00%.

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.