Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Short Interest Down 6.4% in January

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) was the recipient of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 23,620,000 shares, a decrease of 6.4% from the January 15th total of 25,240,000 shares. Approximately 8.0% of the company’s shares are sold short. Based on an average daily volume of 2,750,000 shares, the days-to-cover ratio is currently 8.6 days.

Dun & Bradstreet Trading Down 0.1 %

Shares of DNB stock opened at $10.63 on Wednesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70. The firm has a market cap of $4.69 billion, a PE ratio of -132.81, a price-to-earnings-growth ratio of 2.84 and a beta of 1.14. The company has a 50-day moving average of $11.78 and a two-hundred day moving average of $11.80. Dun & Bradstreet has a 1-year low of $8.77 and a 1-year high of $12.94.

Dun & Bradstreet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.88%. The ex-dividend date is Thursday, March 6th. Dun & Bradstreet’s payout ratio is -250.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on DNB shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Needham & Company LLC reaffirmed a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a research note on Friday, November 1st. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Dun & Bradstreet presently has a consensus rating of “Hold” and an average target price of $13.13.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in DNB. Amundi boosted its stake in shares of Dun & Bradstreet by 27.9% in the fourth quarter. Amundi now owns 5,158 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 1,126 shares during the period. Blue Trust Inc. boosted its stake 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 period. Neo Ivy Capital Management purchased a new position in shares of Dun & Bradstreet in the fourth quarter valued at approximately $96,000. KBC Group NV boosted its stake in shares of Dun & Bradstreet by 33.9% in the third quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock valued at $114,000 after purchasing an additional 2,499 shares during the period. Finally, Paloma Partners Management Co purchased a new position in shares of Dun & Bradstreet in the third quarter valued at approximately $117,000. 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.