Brokerages Set Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Target Price at $12.50

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have received an average rating of “Hold” from the six brokerages that are covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $12.50.

A number of equities analysts have issued reports on the company. Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 price target on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. The Goldman Sachs Group reduced their target price on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a report on Friday, February 21st. Finally, Needham & Company LLC reduced their target price on Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating for the company in a report on Friday, February 21st.

Dun & Bradstreet Stock Performance

Shares of DNB stock opened at $8.05 on Friday. The company has a market capitalization of $3.55 billion, a P/E ratio of -134.08, a P/E/G ratio of 2.21 and a beta of 1.19. The business’s 50 day moving average is $10.54 and its two-hundred day moving average is $11.42. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06. Dun & Bradstreet has a 12-month low of $7.78 and a 12-month high of $12.94.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). The business had revenue of $631.90 million for the quarter, compared to analysts’ expectations of $658.04 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. Analysts expect that Dun & Bradstreet will post 0.96 EPS for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be issued a $0.05 dividend. The ex-dividend date is Thursday, March 6th. This represents a $0.20 annualized dividend and a dividend yield of 2.49%. Dun & Bradstreet’s dividend payout ratio is presently -333.33%.

Institutional Investors Weigh In On Dun & Bradstreet

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Amundi increased its holdings in shares of Dun & Bradstreet by 27.9% in the fourth quarter. Amundi now owns 5,158 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 1,126 shares during the last quarter. Neo Ivy Capital Management acquired a new stake in Dun & Bradstreet during the fourth quarter worth $96,000. KBC Group NV increased its stake in Dun & Bradstreet by 33.9% during the third 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 during the last quarter. Paloma Partners Management Co acquired a new stake in Dun & Bradstreet during the third quarter worth $117,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Dun & Bradstreet during the third quarter worth $120,000. Institutional investors and hedge funds own 86.68% of the company’s stock.

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.