Brokerages Set Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Price Target at $13.85

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $13.85.

DNB has been the subject of a number of recent research reports. JPMorgan Chase & Co. lifted their price objective on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Needham & Company LLC reissued a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a research note on Monday, August 5th. Royal Bank of Canada reduced their price objective on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a research note on Friday, August 2nd. Barclays boosted their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Finally, StockNews.com raised Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.

Dun & Bradstreet Stock Performance

Shares of NYSE DNB opened at $11.46 on Tuesday. The firm’s fifty day moving average is $11.63 and its two-hundred day moving average is $10.45. Dun & Bradstreet has a 52-week low of $8.68 and a 52-week high of $12.75. The company has a market cap of $5.07 billion, a P/E ratio of -143.25, a P/E/G ratio of 2.66 and a beta of 1.16. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.71 and a current ratio of 0.71.

Dun & Bradstreet (NYSE:DNB) last issued its earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. Dun & Bradstreet had a positive return on equity of 11.35% and a negative net margin of 1.42%. The firm had revenue of $576.20 million for the quarter, compared to analysts’ expectations of $580.77 million. During the same period in the previous year, the firm posted $0.17 earnings per share. The business’s revenue was up 3.9% compared to the same quarter last year. As a group, analysts anticipate that Dun & Bradstreet will post 0.89 EPS for the current fiscal year.

Dun & Bradstreet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.75%. Dun & Bradstreet’s payout ratio is -250.00%.

Institutional Trading of Dun & Bradstreet

Large investors have recently modified their holdings of the company. Evermay Wealth Management LLC purchased a new stake in shares of Dun & Bradstreet in the first quarter valued at approximately $37,000. Blue Trust Inc. lifted its holdings in Dun & Bradstreet by 129.1% during the second quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock worth $46,000 after buying an additional 2,563 shares during the period. Headlands Technologies LLC purchased a new stake in Dun & Bradstreet during the first quarter worth $70,000. Canada Pension Plan Investment Board lifted its holdings in Dun & Bradstreet by 85.1% during the second quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock worth $81,000 after buying an additional 4,000 shares during the period. Finally, Xponance Inc. purchased a new stake in Dun & Bradstreet during the second quarter worth $100,000. Hedge funds and other institutional investors own 86.68% of the company’s stock.

About Dun & Bradstreet

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.