Dun & Bradstreet (DNB) – Investment Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Dun & Bradstreet (NYSE: DNB):

• 11/3/2023 – Dun & Bradstreet had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $12.00 to $10.30. They now have a “neutral” rating on the stock.
• 11/3/2023 – Dun & Bradstreet had its price target lowered by analysts at Truist Financial Co. from $16.00 to $14.00. They now have a “buy” rating on the stock.
• 11/2/2023 – Dun & Bradstreet had its price target lowered by analysts at JPMorgan Chase & Co. from $13.00 to $11.00. They now have a “neutral” rating on the stock.
• 11/2/2023 – Dun & Bradstreet had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $18.00 price target on the stock.
• 10/6/2023 – Dun & Bradstreet had its price target lowered by analysts at Barclays PLC from $13.00 to $11.00. They now have an “equal weight” rating on the stock.
• 10/5/2023 – Dun & Bradstreet is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.

Dun & Bradstreet Trading Down 0.7 %

Shares of Dun & Bradstreet stock opened at $9.78 on Friday. The firm’s 50 day moving average is $9.77 and its 200 day moving average is $10.57. The firm has a market capitalization of $4.29 billion, a PE ratio of -163.00, a price-to-earnings-growth ratio of 3.14 and a beta of 1.07. Dun & Bradstreet Holdings, Inc. has a 1 year low of $8.68 and a 1 year high of $15.45. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.05.

Dun & Bradstreet Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Thursday, December 7th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, December 6th. This represents a $0.20 annualized dividend and a dividend yield of 2.04%. Dun & Bradstreet’s payout ratio is -333.33%.

Insider Activity

In related news, Director Thomas H. Lee Advisors, Llc sold 13,396,742 shares of Dun & Bradstreet stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $9.51, for a total value of $127,403,016.42. Following the completion of the sale, the director now owns 22,525,103 shares of the company’s stock, valued at approximately $214,213,729.53. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, insider Anthony Pietrontone, Jr. sold 28,532 shares of the business’s stock in a transaction that occurred on Tuesday, August 29th. The shares were sold at an average price of $10.93, for a total value of $311,854.76. Following the sale, the insider now owns 74,049 shares of the company’s stock, valued at $809,355.57. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Thomas H. Lee Advisors, Llc sold 13,396,742 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $9.51, for a total value of $127,403,016.42. Following the completion of the transaction, the director now directly owns 22,525,103 shares of the company’s stock, valued at $214,213,729.53. The disclosure for this sale can be found here. 10.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Dun & Bradstreet

A number of hedge funds and other institutional investors have recently bought and sold shares of DNB. American International Group Inc. grew its holdings in Dun & Bradstreet by 57.1% in the 2nd quarter. American International Group Inc. now owns 2,631 shares of the business services provider’s stock worth $40,000 after acquiring an additional 956 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Dun & Bradstreet by 685.2% in the second quarter. Tower Research Capital LLC TRC now owns 3,557 shares of the business services provider’s stock worth $41,000 after acquiring an additional 3,104 shares during the last quarter. Advisor Group Holdings Inc. raised its holdings in Dun & Bradstreet by 287.3% in the 1st quarter. Advisor Group Holdings Inc. now owns 2,750 shares of the business services provider’s stock worth $48,000 after acquiring an additional 2,040 shares during the last quarter. CWM LLC increased its holdings in Dun & Bradstreet by 51.0% in the 3rd quarter. CWM LLC now owns 5,370 shares of the business services provider’s stock worth $54,000 after buying an additional 1,813 shares in the last quarter. Finally, MetLife Investment Management LLC purchased a new position in shares of Dun & Bradstreet during the first quarter valued at approximately $56,000. Hedge funds and other institutional investors own 86.68% of the company’s stock.

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 D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information.