Dun & Bradstreet (NYSE:DNB) Shares Gap Down to $10.88

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) gapped down prior to trading on Thursday . The stock had previously closed at $10.88, but opened at $10.10. Dun & Bradstreet shares last traded at $10.14, with a volume of 578,222 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on DNB shares. Needham & Company LLC reiterated a “buy” rating and issued a $17.00 price target on shares of Dun & Bradstreet in a research report on Tuesday, May 14th. Jefferies Financial Group reduced their price target on Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, April 12th. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $13.64.

Dun & Bradstreet Stock Performance

The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market capitalization of $4.49 billion, a P/E ratio of -123.75, a price-to-earnings-growth ratio of 2.03 and a beta of 1.16. The business has a 50 day moving average of $9.64 and a 200-day moving average of $10.12.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, May 2nd. The business services provider reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. Dun & Bradstreet had a positive return on equity of 10.99% and a negative net margin of 1.56%. The company had revenue of $564.50 million for the quarter, compared to analyst estimates of $567.77 million. On average, sell-side analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.89 EPS for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 19th. Investors of record on Thursday, September 5th will be paid a dividend of $0.05 per share. The ex-dividend date is Thursday, September 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.97%. Dun & Bradstreet’s payout ratio is -250.00%.

Institutional Trading of Dun & Bradstreet

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Parkside Financial Bank & Trust grew its position in Dun & Bradstreet by 7,260.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,797 shares of the business services provider’s stock worth $33,000 after buying an additional 2,759 shares in the last quarter. Evermay Wealth Management LLC purchased a new position in Dun & Bradstreet during the first quarter worth about $37,000. Signaturefd LLC grew its position in Dun & Bradstreet by 100.7% during the fourth quarter. Signaturefd LLC now owns 3,541 shares of the business services provider’s stock worth $41,000 after buying an additional 1,777 shares in the last quarter. Blue Trust Inc. grew its position in Dun & Bradstreet by 129.1% during the second quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock worth $46,000 after buying an additional 2,563 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new position in Dun & Bradstreet during the first quarter worth about $70,000. 86.68% of the stock is currently owned by institutional investors.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.