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

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has earned an average rating of “Hold” from the six research firms that are covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $11.86.

Several research analysts have commented on DNB shares. Needham & Company LLC reaffirmed a “hold” rating and issued a $14.00 price target on shares of Dun & Bradstreet in a research report on Monday, March 24th. Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 target price on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. StockNews.com started coverage on shares of Dun & Bradstreet in a research report on Friday. They issued a “hold” rating on the stock. The Goldman Sachs Group cut their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a research report on Friday, February 21st. Finally, Jefferies Financial Group reissued a “hold” rating and set a $9.15 target price (down from $11.00) on shares of Dun & Bradstreet in a research report on Tuesday, March 25th.

Dun & Bradstreet Price Performance

Shares of Dun & Bradstreet stock opened at $8.77 on Tuesday. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06. The firm has a fifty day simple moving average of $9.17 and a 200-day simple moving average of $10.95. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of -146.14, a PEG ratio of 2.21 and a beta of 1.14. Dun & Bradstreet has a 1-year low of $7.78 and a 1-year high of $12.95.

Dun & Bradstreet (NYSE:DNB) last released its earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). The firm had revenue of $631.90 million for the quarter, compared to analyst estimates of $658.04 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. On average, sell-side analysts expect that Dun & Bradstreet will post 0.96 earnings per share for the current year.

Dun & Bradstreet Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were paid a $0.05 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a yield of 2.28%. Dun & Bradstreet’s payout ratio is currently -333.33%.

Insiders Place Their Bets

In other Dun & Bradstreet news, Chairman William P. Foley II sold 2,500,000 shares of the company’s stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $8.99, for a total value of $22,475,000.00. Following the sale, the chairman now directly owns 8,109,644 shares in the company, valued at $72,905,699.56. This represents a 23.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 10.44% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new stake in shares of Dun & Bradstreet during the 4th quarter worth about $42,016,000. Raymond James Financial Inc. acquired a new stake in shares of Dun & Bradstreet during the fourth quarter worth approximately $26,817,000. Contour Asset Management LLC acquired a new position in shares of Dun & Bradstreet in the 4th quarter worth approximately $17,018,000. Dimensional Fund Advisors LP grew its position in Dun & Bradstreet by 8.3% during the 4th 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 raised its position in 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 during the last quarter. 86.68% of the stock is owned by institutional investors.

Dun & Bradstreet Company Profile

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.