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

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has been given an average recommendation of “Hold” by the six ratings firms that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $13.13.

Several research firms have weighed in on DNB. Needham & Company LLC reissued a “buy” rating and set a $17.00 price target on shares of Dun & Bradstreet in a research report on Friday, November 1st. StockNews.com raised Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.

Hedge Funds Weigh In On Dun & Bradstreet

A number of large investors have recently made changes to their positions in the business. Blue Trust Inc. grew its position in shares of Dun & Bradstreet by 28.2% in the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 1,284 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in Dun & Bradstreet by 85.1% during the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock valued at $81,000 after purchasing an additional 4,000 shares during the period. Xponance Inc. acquired a new stake in Dun & Bradstreet in the 2nd quarter valued at approximately $100,000. KBC Group NV lifted its holdings in shares of Dun & Bradstreet by 33.9% during the third quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after buying an additional 2,499 shares during the last quarter. Finally, Paloma Partners Management Co acquired a new stake in shares of Dun & Bradstreet in the third quarter worth $117,000. Institutional investors and hedge funds own 86.68% of the company’s stock.

Dun & Bradstreet Price Performance

DNB stock opened at $11.76 on Thursday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $5.19 billion, a P/E ratio of -147.00, a PEG ratio of 2.70 and a beta of 1.15. The business has a 50 day simple moving average of $12.11 and a 200-day simple moving average of $11.69. Dun & Bradstreet has a twelve month low of $8.77 and a twelve month high of $12.94.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The firm had revenue of $609.10 million during the quarter, compared to the consensus estimate of $605.64 million. During the same period last year, the company earned $0.23 earnings per share. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, equities analysts anticipate that Dun & Bradstreet will post 0.89 EPS for the current year.

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.