Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives Consensus Rating of “Moderate Buy” from Analysts

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has earned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the firm, 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 1 year target price among brokers that have issued ratings on the stock in the last year is $13.83.

Several equities research analysts recently commented on DNB shares. JPMorgan Chase & Co. increased their price target on Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Monday, August 5th. StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. The Goldman Sachs Group increased their target price on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Barclays boosted their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. Finally, Royal Bank of Canada reduced their target price on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a report on Friday, August 2nd.

Institutional Investors Weigh In On Dun & Bradstreet

Several institutional investors have recently added to or reduced their stakes in DNB. Massachusetts Financial Services Co. MA raised its holdings in Dun & Bradstreet by 13.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 53,353,508 shares of the business services provider’s stock worth $494,053,000 after purchasing an additional 6,375,371 shares in the last quarter. Vanguard Group Inc. lifted its position in Dun & Bradstreet by 3.3% in the first quarter. Vanguard Group Inc. now owns 27,428,272 shares of the business services provider’s stock valued at $275,380,000 after acquiring an additional 868,621 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Dun & Bradstreet by 7.4% in the third 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 acquiring an additional 1,451,705 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Dun & Bradstreet by 14.1% in the second quarter. Dimensional Fund Advisors LP now owns 14,665,247 shares of the business services provider’s stock valued at $135,796,000 after acquiring an additional 1,809,638 shares in the last quarter. Finally, Capital International Investors grew its holdings in shares of Dun & Bradstreet by 11.2% during the first quarter. Capital International Investors now owns 13,899,046 shares of the business services provider’s stock worth $139,546,000 after purchasing an additional 1,402,537 shares during the last quarter. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Stock Performance

Shares of NYSE:DNB opened at $12.33 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70. Dun & Bradstreet has a 1 year low of $8.77 and a 1 year high of $12.75. The firm has a market capitalization of $5.44 billion, a PE ratio of -154.06, a P/E/G ratio of 3.31 and a beta of 1.15. The business’s 50 day moving average price is $11.48 and its 200-day moving average price is $10.65.

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 the consensus estimate of $0.27. The company had revenue of $609.10 million for the quarter, compared to analysts’ expectations of $605.64 million. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.23 EPS. As a group, equities research analysts expect that Dun & Bradstreet will post 0.89 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be issued a $0.05 dividend. The ex-dividend date of this dividend is 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 currently -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.