Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives $13.83 Average Price Target from Brokerages

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has earned a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $13.83.

A number of equities research analysts have weighed in on DNB shares. StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Needham & Company LLC restated a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a research note on Friday, November 1st. Finally, Barclays raised their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th.

Dun & Bradstreet Price Performance

DNB stock opened at $12.43 on Wednesday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 0.70. Dun & Bradstreet has a 1 year low of $8.77 and a 1 year high of $12.94. The firm has a market cap of $5.49 billion, a P/E ratio of -157.50, a price-to-earnings-growth ratio of 3.50 and a beta of 1.16. The stock has a 50-day simple moving average of $11.83 and a 200-day simple moving average of $11.01.

Dun & Bradstreet (NYSE:DNB) last posted its earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.27. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The business had revenue of $609.10 million during the quarter, compared to analyst estimates of $605.64 million. During the same quarter last year, the firm earned $0.23 earnings per share. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. On average, equities analysts predict that Dun & Bradstreet will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be given a $0.05 dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.61%. Dun & Bradstreet’s payout ratio is -250.00%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Blue Trust Inc. grew its position in shares of Dun & Bradstreet by 129.1% in the 2nd quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock worth $46,000 after acquiring an additional 2,563 shares in the last quarter. Canada Pension Plan Investment Board grew its position in shares of Dun & Bradstreet by 85.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock worth $81,000 after acquiring an additional 4,000 shares in the last quarter. KBC Group NV grew its position in shares of Dun & Bradstreet by 33.9% in the 3rd quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after acquiring an additional 2,499 shares in the last quarter. Paloma Partners Management Co acquired a new position in shares of Dun & Bradstreet in the 3rd quarter worth approximately $117,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Dun & Bradstreet in the 3rd quarter worth approximately $120,000. Institutional investors and hedge funds own 86.68% of the company’s stock.

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.