Investors Purchase High Volume of Call Options on Dun & Bradstreet (NYSE:DNB)

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) was the target of unusually large options trading on Monday. Stock traders bought 5,825 call options on the stock. This represents an increase of approximately 488% compared to the typical daily volume of 991 call options.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Royal Bank of Canada restated a “sector perform” rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. The Goldman Sachs Group decreased their price target on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a research report on Friday, February 21st. Jefferies Financial Group reaffirmed a “hold” rating and issued a $9.15 price target (down from $11.00) on shares of Dun & Bradstreet in a report on Tuesday. Finally, Needham & Company LLC reissued a “hold” rating and set a $14.00 price objective on shares of Dun & Bradstreet in a report on Monday. Seven research analysts have rated the stock with a hold rating, According to MarketBeat.com, Dun & Bradstreet presently has a consensus rating of “Hold” and a consensus price target of $11.86.

Dun & Bradstreet Stock Performance

Shares of DNB opened at $8.96 on Wednesday. The stock has a market capitalization of $3.96 billion, a PE ratio of -149.31, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. The business’s fifty day moving average price is $10.13 and its 200 day moving average price is $11.25. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70. Dun & Bradstreet has a 12-month low of $7.78 and a 12-month high of $12.95.

Dun & Bradstreet (NYSE:DNB) last posted 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). Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The business had revenue of $631.90 million during the quarter, compared to the consensus estimate of $658.04 million. Equities research analysts forecast that Dun & Bradstreet will post 0.96 EPS for the current year.

Dun & Bradstreet Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.23%. The ex-dividend date of this dividend was Thursday, March 6th. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -333.33%.

Institutional Trading of Dun & Bradstreet

Hedge funds have recently made changes to their positions in the stock. Amundi grew its stake in Dun & Bradstreet by 27.9% during the 4th quarter. Amundi now owns 5,158 shares of the business services provider’s stock worth $64,000 after buying an additional 1,126 shares during the last quarter. Neo Ivy Capital Management bought a new position in shares of Dun & Bradstreet during the fourth quarter worth about $96,000. Paloma Partners Management Co acquired a new stake in shares of Dun & Bradstreet in the 3rd quarter worth about $117,000. Y Intercept Hong Kong Ltd bought a new stake in Dun & Bradstreet in the 3rd quarter valued at about $120,000. Finally, Empowered Funds LLC acquired a new position in Dun & Bradstreet during the 4th quarter valued at about $127,000. Institutional investors own 86.68% of the company’s stock.

About Dun & Bradstreet

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.