Dun & Bradstreet Holdings, Inc. (NYSE:DNB – Get Rating) has been given an average rating of “Moderate Buy” by the twelve research firms that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $15.75.
A number of research firms have recently issued reports on DNB. Wells Fargo & Company dropped their price target on Dun & Bradstreet from $20.00 to $17.00 and set an “overweight” rating on the stock in a research report on Friday, February 17th. The Goldman Sachs Group dropped their price objective on Dun & Bradstreet from $14.00 to $12.00 and set a “neutral” rating on the stock in a research report on Friday, February 17th. StockNews.com began coverage on Dun & Bradstreet in a research report on Thursday, March 16th. They set a “hold” rating on the stock. Raymond James dropped their price objective on Dun & Bradstreet from $21.00 to $18.00 and set an “outperform” rating on the stock in a research report on Friday, February 17th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $18.00 price objective on shares of Dun & Bradstreet in a research report on Thursday, February 23rd.
Dun & Bradstreet Stock Performance
Shares of Dun & Bradstreet stock opened at $10.79 on Tuesday. The stock’s fifty day moving average is $11.35 and its two-hundred day moving average is $12.52. The company has a market capitalization of $4.74 billion, a PE ratio of -1,079.00, a price-to-earnings-growth ratio of 1.56 and a beta of 0.96. The company has a quick ratio of 0.64, a current ratio of 0.62 and a debt-to-equity ratio of 1.03. Dun & Bradstreet has a 52 week low of $9.86 and a 52 week high of $17.50.
Dun & Bradstreet Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Thursday, June 1st will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.85%. The ex-dividend date is Wednesday, May 31st. Dun & Bradstreet’s payout ratio is -2,000.00%.
Insider Transactions at Dun & Bradstreet
In other news, CEO Anthony M. Jabbour acquired 116,250 shares of Dun & Bradstreet stock in a transaction dated Monday, March 20th. The stock was purchased at an average cost of $10.74 per share, for a total transaction of $1,248,525.00. Following the completion of the purchase, the chief executive officer now directly owns 475,252 shares in the company, valued at approximately $5,104,206.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 9.60% of the company’s stock.
Institutional Trading of Dun & Bradstreet
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Signaturefd LLC lifted its holdings in Dun & Bradstreet by 505.6% in the 4th quarter. Signaturefd LLC now owns 2,913 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 2,432 shares in the last quarter. American International Group Inc. grew its holdings in shares of Dun & Bradstreet by 57.1% during the second quarter. American International Group Inc. now owns 2,631 shares of the business services provider’s stock worth $40,000 after buying an additional 956 shares in the last quarter. Advisor Group Holdings Inc. grew its holdings in shares of Dun & Bradstreet by 287.3% during the first quarter. Advisor Group Holdings Inc. now owns 2,750 shares of the business services provider’s stock worth $48,000 after buying an additional 2,040 shares in the last quarter. MetLife Investment Management LLC purchased a new stake in shares of Dun & Bradstreet during the first quarter worth $56,000. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Dun & Bradstreet by 5,483.1% during the first quarter. PNC Financial Services Group Inc. now owns 3,964 shares of the business services provider’s stock worth $70,000 after buying an additional 3,893 shares in the last quarter. 85.36% of the stock is owned by institutional investors and hedge funds.
About Dun & Bradstreet
Dun & Bradstreet Holdings, Inc provides business decisioning 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 powerful 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 InfoTorg, an online SaaS application.
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