Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives Consensus Rating of “Hold” from Brokerages

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has received an average recommendation of “Hold” from the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $11.86.

A number of equities analysts recently commented on the company. Wall Street Zen assumed coverage on Dun & Bradstreet in a report on Wednesday, May 21st. They issued a “hold” rating on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of Dun & Bradstreet in a report on Friday, May 2nd. Raymond James Financial lowered Dun & Bradstreet from a “strong-buy” rating to a “market perform” rating in a research note on Friday, June 13th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $9.15 price target (down previously from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th.

Dun & Bradstreet Price Performance

Shares of Dun & Bradstreet stock opened at $9.12 on Thursday. Dun & Bradstreet has a one year low of $7.78 and a one year high of $12.95. The stock’s fifty day moving average is $9.05 and its 200 day moving average is $9.61. The stock has a market cap of $4.07 billion, a P/E ratio of -182.30 and a beta of 1.12. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.62 and a current ratio of 0.62.

Dun & Bradstreet (NYSE:DNB) last announced its earnings results on Thursday, May 1st. The business services provider reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. Dun & Bradstreet had a positive return on equity of 11.51% and a negative net margin of 0.88%. The company had revenue of $579.80 million for the quarter, compared to analysts’ expectations of $578.02 million. During the same period last year, the firm earned $0.20 EPS. Dun & Bradstreet’s revenue for the quarter was up 2.7% compared to the same quarter last year. Sell-side analysts anticipate that Dun & Bradstreet will post 0.96 earnings per share for the current year.

Insider Activity

In related news, Director Chinh Chu sold 10,885,403 shares of Dun & Bradstreet stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $8.95, for a total value of $97,424,356.85. Following the completion of the transaction, the director owned 23,810 shares in the company, valued at approximately $213,099.50. This trade represents a 99.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $8.96, for a total value of $22,400,000.00. Following the completion of the transaction, the chairman owned 5,609,644 shares of the company’s stock, valued at approximately $50,262,410.24. This represents a 30.83% decrease in their position. The disclosure for this sale can be found here. Company insiders own 10.44% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DNB. Parallel Advisors LLC lifted its stake in Dun & Bradstreet by 420.5% in the second quarter. Parallel Advisors LLC now owns 3,003 shares of the business services provider’s stock worth $27,000 after purchasing an additional 2,426 shares during the last quarter. Amundi lifted its stake in Dun & Bradstreet by 27.9% in the fourth quarter. Amundi now owns 5,158 shares of the business services provider’s stock worth $64,000 after purchasing an additional 1,126 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Dun & Bradstreet in the first quarter worth about $68,000. Longfellow Investment Management Co. LLC bought a new stake in Dun & Bradstreet in the first quarter worth about $73,000. Finally, Oak Thistle LLC bought a new stake in Dun & Bradstreet in the first quarter worth about $93,000. Hedge funds and other institutional investors own 86.68% of the company’s stock.

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.