Dun & Bradstreet Target of Unusually High Options Trading (NYSE:DNB)

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) was the recipient of some unusual options trading activity on Wednesday. Traders bought 3,600 call options on the stock. This represents an increase of approximately 324% compared to the average daily volume of 850 call options.

Wall Street Analysts Forecast Growth

DNB has been the subject of several analyst reports. Royal Bank of Canada decreased their price objective on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a research note on Friday, August 2nd. JPMorgan Chase & Co. raised their price target on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. StockNews.com lowered shares of Dun & Bradstreet from a “hold” rating to a “sell” rating in a research note on Monday, August 5th. Needham & Company LLC restated a “buy” rating and set a $17.00 price target on shares of Dun & Bradstreet in a research note on Monday, August 5th. Finally, The Goldman Sachs Group raised their price target on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a research note on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $13.73.

Dun & Bradstreet Stock Down 1.2 %

DNB opened at $11.86 on Thursday. The company has a 50 day moving average of $10.87 and a 200 day moving average of $10.19. The company has a market cap of $5.25 billion, a PE ratio of -148.25, a price-to-earnings-growth ratio of 2.25 and a beta of 1.15. Dun & Bradstreet has a 12 month low of $8.68 and a 12 month high of $12.75. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 1.08.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.23 EPS for the quarter, hitting the consensus estimate of $0.23. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. The company had revenue of $576.20 million during the quarter, compared to the consensus estimate of $580.77 million. During the same period last year, the firm earned $0.17 EPS. Dun & Bradstreet’s revenue for the quarter was up 3.9% on a year-over-year basis. On average, sell-side analysts expect that Dun & Bradstreet will post 0.89 EPS for the current year.

Dun & Bradstreet Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend is Thursday, September 5th. Dun & Bradstreet’s payout ratio is -250.00%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its holdings in shares of Dun & Bradstreet by 19.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 42,420,747 shares of the business services provider’s stock worth $496,323,000 after acquiring an additional 6,893,645 shares during the last quarter. Norges Bank bought a new stake in shares of Dun & Bradstreet during the 4th quarter worth $35,820,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of Dun & Bradstreet by 17.9% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 19,633,433 shares of the business services provider’s stock worth $181,806,000 after acquiring an additional 2,983,677 shares during the last quarter. Confluence Investment Management LLC bought a new stake in shares of Dun & Bradstreet during the 1st quarter worth $29,736,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Dun & Bradstreet by 34.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 9,737,345 shares of the business services provider’s stock worth $113,929,000 after acquiring an additional 2,510,422 shares during the last quarter. 86.68% of the stock is owned by institutional investors.

Dun & Bradstreet Company Profile

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.