Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Given Average Recommendation of “Moderate Buy” by Brokerages

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $13.73.

DNB has been the subject of several recent research reports. JPMorgan Chase & Co. raised their target price on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Monday, August 5th. The Goldman Sachs Group raised their target price on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a report on Monday, August 5th. StockNews.com downgraded shares of Dun & Bradstreet from a “hold” rating to a “sell” rating in a report on Monday, August 5th. Royal Bank of Canada dropped their target price on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a report on Friday, August 2nd. Finally, Needham & Company LLC reiterated a “buy” rating and set a $17.00 price target on shares of Dun & Bradstreet in a report on Monday, August 5th.

Dun & Bradstreet Stock Performance

Shares of DNB opened at $12.13 on Monday. The company has a 50-day simple moving average of $10.40 and a 200-day simple moving average of $10.14. The company has a quick ratio of 0.62, a current ratio of 0.71 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $5.37 billion, a PE ratio of -151.63, a P/E/G ratio of 1.89 and a beta of 1.15. Dun & Bradstreet has a 52-week low of $8.68 and a 52-week high of $12.75.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.23. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. The business had revenue of $576.20 million during the quarter, compared to the consensus estimate of $580.77 million. During the same quarter last year, the firm posted $0.17 EPS. The business’s revenue was up 3.9% compared to the same quarter last year. Equities research analysts predict that Dun & Bradstreet will post 0.89 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 19th. Investors of record on Thursday, September 5th will be given a $0.05 dividend. The ex-dividend date is Thursday, September 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.65%. Dun & Bradstreet’s dividend payout ratio is presently -250.00%.

Institutional Investors Weigh In On Dun & Bradstreet

Hedge funds have recently modified their holdings of the stock. Parkside Financial Bank & Trust boosted its position in shares of Dun & Bradstreet by 7,260.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,797 shares of the business services provider’s stock worth $33,000 after acquiring an additional 2,759 shares during the last quarter. Signaturefd LLC boosted its position in shares of Dun & Bradstreet by 100.7% in the fourth quarter. Signaturefd LLC now owns 3,541 shares of the business services provider’s stock worth $41,000 after acquiring an additional 1,777 shares during the last quarter. Evermay Wealth Management LLC acquired a new stake in shares of Dun & Bradstreet in the first quarter worth approximately $37,000. Blue Trust Inc. lifted its position in Dun & Bradstreet by 129.1% during the second quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock valued at $46,000 after buying an additional 2,563 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new position in Dun & Bradstreet during the first quarter valued at approximately $70,000. 86.68% of the stock is owned by institutional investors and hedge funds.

About Dun & Bradstreet

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.