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

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has earned a consensus rating of “Hold” from the six brokerages that are covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $11.63.

Several research analysts have recently weighed in on the company. Wall Street Zen assumed coverage on Dun & Bradstreet in a research note on Wednesday, May 21st. They issued a “hold” rating for the company. Needham & Company LLC reiterated a “hold” rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Finally, Raymond James Financial cut Dun & Bradstreet from a “strong-buy” rating to a “market perform” rating in a research report on Friday, June 13th.

Dun & Bradstreet Stock Up 0.1%

DNB stock opened at $9.11 on Monday. Dun & Bradstreet has a 1-year low of $7.78 and a 1-year high of $12.94. The business has a fifty day moving average price of $9.09 and a 200-day moving average price of $9.27. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.62 and a quick ratio of 0.62. The stock has a market capitalization of $4.07 billion, a P/E ratio of -182.20 and a beta of 1.12.

Institutional Trading of Dun & Bradstreet

A number of hedge funds and other institutional investors have recently bought and sold shares of DNB. Parallel Advisors LLC increased its position 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 buying an additional 2,426 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Dun & Bradstreet in the first quarter worth about $68,000. Longfellow Investment Management Co. LLC purchased a new stake in Dun & Bradstreet in the first quarter worth about $73,000. Oak Thistle LLC bought a new position in shares of Dun & Bradstreet in the first quarter worth about $93,000. Finally, Summit Securities Group LLC bought a new position in shares of 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.