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

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have been given a consensus rating of “Moderate Buy” by the seven research firms that are covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $13.83.

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

Dun & Bradstreet Stock Performance

Shares of Dun & Bradstreet stock opened at $12.28 on Friday. The business has a 50-day simple moving average of $12.12 and a 200 day simple moving average of $11.30. Dun & Bradstreet has a one year low of $8.77 and a one year high of $12.94. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70. The firm has a market capitalization of $5.42 billion, a price-to-earnings ratio of -153.50, a PEG ratio of 3.44 and a beta of 1.16.

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, meeting the consensus estimate of $0.27. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The firm had revenue of $609.10 million during the quarter, compared to the consensus estimate of $605.64 million. During the same quarter in the previous year, the company posted $0.23 earnings per share. The company’s quarterly revenue was up 3.5% on a year-over-year basis. On average, research analysts anticipate that Dun & Bradstreet will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, December 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.63%. Dun & Bradstreet’s dividend payout ratio is currently -250.00%.

Hedge Funds Weigh In On Dun & Bradstreet

A number of hedge funds and other institutional investors have recently modified their holdings of DNB. Bank of New York Mellon Corp boosted its position in Dun & Bradstreet by 4.0% in the second quarter. Bank of New York Mellon Corp now owns 1,491,636 shares of the business services provider’s stock worth $13,813,000 after purchasing an additional 57,687 shares during the last quarter. CIBC Asset Management Inc purchased a new position in shares of Dun & Bradstreet in the 2nd quarter worth about $118,000. Versor Investments LP bought a new position in Dun & Bradstreet during the second quarter valued at about $575,000. Victory Capital Management Inc. increased its holdings in Dun & Bradstreet by 10.4% during the second quarter. Victory Capital Management Inc. now owns 37,513 shares of the business services provider’s stock worth $347,000 after buying an additional 3,533 shares during the last quarter. Finally, Arizona State Retirement System raised its position in Dun & Bradstreet by 10.3% in the second quarter. Arizona State Retirement System now owns 79,848 shares of the business services provider’s stock worth $739,000 after acquiring an additional 7,466 shares during the period. Hedge funds and other institutional investors own 86.68% of the company’s stock.

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.