Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Given Average Rating of “Hold” by Brokerages

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have received a consensus rating of “Hold” from the six analysts that are presently covering the firm, MarketBeat reports. Six analysts have rated the stock with a hold recommendation. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $11.86.

A number of research analysts recently commented on DNB shares. Needham & Company LLC reiterated a “hold” rating on shares of Dun & Bradstreet in a research note on Friday. The Goldman Sachs Group decreased their target price on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research report on Friday, February 21st. StockNews.com initiated coverage on Dun & Bradstreet in a report on Sunday, April 27th. They set a “hold” rating for the company. Jefferies Financial Group reaffirmed a “hold” rating and issued a $9.15 price objective (down from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 target price on shares of Dun & Bradstreet in a report on Wednesday, January 29th.

Dun & Bradstreet Stock Up 0.4 %

Shares of DNB stock opened at $8.98 on Friday. Dun & Bradstreet has a 52-week low of $7.78 and a 52-week high of $12.95. The stock has a market cap of $4.01 billion, a price-to-earnings ratio of -149.64, a PEG ratio of 2.21 and a beta of 1.14. The firm’s 50-day moving average is $8.74 and its 200-day moving average is $10.72. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, May 1st. The business services provider reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.01. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The firm had revenue of $579.80 million for the quarter, compared to analyst estimates of $578.02 million. During the same quarter in the prior year, the company earned $0.20 earnings per share. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. Sell-side analysts predict 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 given a dividend of $0.05 per share. The ex-dividend date was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.23%. Dun & Bradstreet’s payout ratio is -333.33%.

Insider Transactions at Dun & Bradstreet

In other news, Chairman William P. Foley II sold 2,500,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $8.99, for a total transaction of $22,475,000.00. Following the completion of the sale, the chairman now owns 8,109,644 shares of the company’s stock, valued at approximately $72,905,699.56. This represents a 23.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 10.44% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DNB. Norges Bank acquired a new position in shares of Dun & Bradstreet during the 4th quarter worth $42,016,000. Raymond James Financial Inc. bought a new position in Dun & Bradstreet in the fourth quarter valued at about $26,817,000. Contour Asset Management LLC acquired a new position in Dun & Bradstreet during the fourth quarter worth about $17,018,000. Dimensional Fund Advisors LP lifted its holdings in shares of Dun & Bradstreet by 8.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider’s stock worth $219,566,000 after acquiring an additional 1,350,263 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Dun & Bradstreet by 2.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider’s stock valued at $719,863,000 after purchasing an additional 1,275,959 shares in the last quarter. 86.68% of the stock is currently owned by institutional investors and hedge funds.

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.