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

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have been assigned an average recommendation of “Hold” from the six ratings firms that are covering the company, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $13.13.

A number of research analysts have commented on DNB shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research report on Friday, November 1st. StockNews.com upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd.

Dun & Bradstreet Stock Up 1.3 %

Shares of DNB opened at $11.59 on Thursday. The stock has a 50 day moving average price of $12.15 and a 200 day moving average price of $11.63. 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 stock has a market capitalization of $5.12 billion, a price-to-earnings ratio of -144.91, a PEG ratio of 2.64 and a beta of 1.15. Dun & Bradstreet has a one year low of $8.77 and a one year high of $12.94.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share 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 negative net margin of 1.46% and a positive return on equity of 11.50%. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same period last year, the firm posted $0.23 earnings per share. Equities research analysts forecast that Dun & Bradstreet will post 0.89 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Dun & Bradstreet

Several large investors have recently added to or reduced their stakes in DNB. Azora Capital LP lifted its stake in Dun & Bradstreet by 119.8% in the third quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock worth $91,773,000 after acquiring an additional 4,346,033 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Dun & Bradstreet by 5.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 56,497,966 shares of the business services provider’s stock worth $650,292,000 after purchasing an additional 3,144,458 shares in the last quarter. FMR LLC increased its holdings in Dun & Bradstreet by 17.8% in the third quarter. FMR LLC now owns 11,465,075 shares of the business services provider’s stock valued at $131,963,000 after buying an additional 1,733,220 shares during the last quarter. Mizuho Markets Americas LLC acquired a new stake in Dun & Bradstreet in the third quarter valued at $17,750,000. Finally, 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 worth $242,690,000 after buying an additional 1,451,705 shares during the last quarter. 86.68% of the stock is owned by hedge funds and other institutional investors.

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.