Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives $13.85 Average Price Target from Brokerages

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have been assigned a consensus rating of “Moderate Buy” from the eight analysts that are presently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $13.85.

DNB has been the topic of several research analyst reports. Barclays upped their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. Needham & Company LLC reiterated a “buy” rating and set a $17.00 price target on shares of Dun & Bradstreet in a research note on Monday, August 5th. JPMorgan Chase & Co. boosted their price objective on Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Monday, August 5th. Royal Bank of Canada cut their target price on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a research report on Friday, August 2nd. Finally, StockNews.com raised shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Evermay Wealth Management LLC bought a new stake in Dun & Bradstreet during the first quarter valued at $37,000. Blue Trust Inc. boosted its position in shares of Dun & Bradstreet by 129.1% during the 2nd quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 2,563 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of Dun & Bradstreet during the first quarter worth about $70,000. Canada Pension Plan Investment Board increased its position in shares of Dun & Bradstreet by 85.1% in the second quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock worth $81,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Xponance Inc. purchased a new stake in Dun & Bradstreet in the second quarter valued at approximately $100,000. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Dun & Bradstreet Stock Up 0.7 %

Shares of NYSE:DNB opened at $11.54 on Tuesday. Dun & Bradstreet has a 1 year low of $8.68 and a 1 year high of $12.75. The company has a market capitalization of $5.11 billion, a PE ratio of -144.25, a price-to-earnings-growth ratio of 2.66 and a beta of 1.16. The business has a fifty day moving average price of $11.63 and a two-hundred day moving average price of $10.47. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.71 and a quick ratio of 0.71.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share for the quarter, meeting the consensus estimate of $0.23. The company had revenue of $576.20 million during the quarter, compared to analyst estimates of $580.77 million. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.17 earnings per share. Analysts forecast that Dun & Bradstreet will post 0.89 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.73%. The ex-dividend date of this dividend was Thursday, September 5th. Dun & Bradstreet’s dividend payout ratio is presently -250.00%.

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.