Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives Average Recommendation of “Moderate Buy” from Brokerages

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are currently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $13.83.

A number of analysts have recently weighed in on the company. Needham & Company LLC reissued a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a research note on Friday, November 1st. StockNews.com raised shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Barclays boosted 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 report on Friday, September 13th.

Dun & Bradstreet Price Performance

DNB stock opened at $12.59 on Wednesday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 0.70. The firm has a market cap of $5.56 billion, a P/E ratio of -157.38, a P/E/G ratio of 3.52 and a beta of 1.16. The firm’s fifty day moving average is $11.76 and its 200 day moving average is $10.97. Dun & Bradstreet has a 52 week low of $8.77 and a 52 week high of $12.94.

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

Dun & Bradstreet Dividend Announcement

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

Hedge Funds Weigh In On Dun & Bradstreet

Institutional investors have recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA grew its holdings in shares of Dun & Bradstreet by 13.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 53,353,508 shares of the business services provider’s stock worth $494,053,000 after acquiring an additional 6,375,371 shares during the period. Azora Capital LP lifted its position in Dun & Bradstreet by 119.8% during the third quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock valued at $91,773,000 after buying an additional 4,346,033 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of Dun & Bradstreet by 17.9% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 19,633,433 shares of the business services provider’s stock worth $181,806,000 after acquiring an additional 2,983,677 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Dun & Bradstreet by 14.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 14,665,247 shares of the business services provider’s stock worth $135,796,000 after acquiring an additional 1,809,638 shares in the last quarter. Finally, FMR LLC lifted its position in Dun & Bradstreet by 17.8% during the 3rd quarter. FMR LLC now owns 11,465,075 shares of the business services provider’s stock valued at $131,963,000 after acquiring an additional 1,733,220 shares during the period. 86.68% of the stock is owned by institutional investors.

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.