Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Given Average Recommendation of “Hold” by Brokerages

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has received a consensus recommendation of “Hold” from the six research firms that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $13.13.

Several equities research analysts have recently commented on DNB shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Needham & Company LLC reissued a “buy” rating and issued a $17.00 price objective on shares of Dun & Bradstreet in a report on Friday, November 1st.

Institutional Investors Weigh In On Dun & Bradstreet

Several hedge funds have recently added to or reduced their stakes in the business. Massachusetts Financial Services Co. MA lifted its holdings in Dun & Bradstreet by 2.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider’s stock valued at $719,863,000 after purchasing an additional 1,275,959 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Dun & Bradstreet by 7.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 21,085,138 shares of the business services provider’s stock valued at $242,690,000 after purchasing an additional 1,451,705 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Dun & Bradstreet by 8.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider’s stock valued at $219,566,000 after purchasing an additional 1,350,263 shares during the last quarter. FMR LLC lifted its holdings in Dun & Bradstreet by 9.7% during the 4th quarter. FMR LLC now owns 12,575,015 shares of the business services provider’s stock valued at $156,685,000 after purchasing an additional 1,109,940 shares during the last quarter. Finally, Azora Capital LP lifted its holdings in Dun & Bradstreet by 119.8% during the 3rd quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock valued at $91,773,000 after purchasing an additional 4,346,033 shares during the last quarter. Institutional investors and hedge funds own 86.68% of the company’s stock.

Dun & Bradstreet Price Performance

Shares of DNB opened at $10.64 on Monday. The stock has a market capitalization of $4.70 billion, a P/E ratio of -132.94, a P/E/G ratio of 2.84 and a beta of 1.14. Dun & Bradstreet has a twelve month low of $8.77 and a twelve month high of $12.94. The company has a 50 day moving average of $11.85 and a 200-day moving average of $11.81. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08.

Dun & Bradstreet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.88%. The ex-dividend date of this dividend is Thursday, March 6th. Dun & Bradstreet’s dividend payout ratio is -250.00%.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.