Dun & Bradstreet (NYSE:DNB) Shares Gap Down Following Weak Earnings

Dun & Bradstreet Holdings, Inc. (NYSE:DNB)’s stock price gapped down prior to trading on Thursday following a dissappointing earnings announcement. The stock had previously closed at $10.53, but opened at $9.89. Dun & Bradstreet shares last traded at $9.11, with a volume of 1,640,654 shares traded.

The business services provider reported $0.27 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.05). Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%.

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 2.12%. The ex-dividend date of this dividend is Thursday, March 6th. Dun & Bradstreet’s dividend payout ratio is -250.00%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Needham & Company LLC reaffirmed a “buy” rating and set a $17.00 price target on shares of Dun & Bradstreet in a report on Friday, November 1st. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 price target on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $13.13.

Institutional Investors Weigh In On Dun & Bradstreet

Hedge funds and other institutional investors have recently modified their holdings of the company. Amundi lifted its holdings in shares of Dun & Bradstreet by 27.9% during the fourth quarter. Amundi now owns 5,158 shares of the business services provider’s stock worth $64,000 after buying an additional 1,126 shares in the last quarter. Blue Trust Inc. increased its position 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 worth $67,000 after purchasing an additional 1,284 shares during the period. Neo Ivy Capital Management bought a new position in shares of Dun & Bradstreet in the fourth quarter worth $96,000. KBC Group NV increased its position in shares of Dun & Bradstreet by 33.9% in the third 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 period. Finally, Paloma Partners Management Co bought a new position in shares of Dun & Bradstreet in the third quarter worth $117,000. Institutional investors and hedge funds own 86.68% of the company’s stock.

Dun & Bradstreet Stock Down 10.4 %

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 company has a market cap of $4.17 billion, a P/E ratio of -117.94, a PEG ratio of 2.49 and a beta of 1.14. The stock has a 50-day moving average of $11.68 and a 200 day moving average of $11.77.

Dun & Bradstreet Company Profile

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.