Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Short Interest Down 6.2% in November

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 24,350,000 shares, a decrease of 6.2% from the November 15th total of 25,950,000 shares. Approximately 8.2% of the shares of the stock are sold short. Based on an average daily volume of 2,480,000 shares, the days-to-cover ratio is presently 9.8 days.

Dun & Bradstreet Trading Up 0.6 %

Shares of NYSE DNB opened at $12.33 on Wednesday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 0.70. Dun & Bradstreet has a 52-week low of $8.77 and a 52-week high of $12.94. The firm has a 50 day moving average price of $11.98 and a two-hundred day moving average price of $11.16. The stock has a market cap of $5.44 billion, a P/E ratio of -154.13, a price-to-earnings-growth ratio of 3.44 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The firm had revenue of $609.10 million during the quarter, compared to analysts’ expectations of $605.64 million. During the same period in the prior year, the company posted $0.23 EPS. The company’s revenue was up 3.5% on a year-over-year basis. As a group, equities analysts forecast that Dun & Bradstreet will post 0.88 EPS for the current year.

Dun & Bradstreet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Thursday, December 5th. Dun & Bradstreet’s dividend payout ratio is currently -250.00%.

Analyst Upgrades and Downgrades

DNB has been the subject of a number of research analyst reports. StockNews.com upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Barclays upped their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a research report on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $13.83.

Institutional Investors Weigh In On Dun & Bradstreet

A number of institutional investors have recently modified their holdings of DNB. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Dun & Bradstreet by 12.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider’s stock valued at $127,000 after purchasing an additional 1,533 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Dun & Bradstreet by 129.1% in the 2nd quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 2,563 shares during the last quarter. Crescent Grove Advisors LLC boosted its stake in shares of Dun & Bradstreet by 5.9% in the 2nd quarter. Crescent Grove Advisors LLC now owns 6,045,215 shares of the business services provider’s stock valued at $55,979,000 after purchasing an additional 339,092 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Dun & Bradstreet by 4.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,491,636 shares of the business services provider’s stock valued at $13,813,000 after purchasing an additional 57,687 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of Dun & Bradstreet by 17.9% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 19,633,433 shares of the business services provider’s stock valued at $181,806,000 after purchasing an additional 2,983,677 shares during the last quarter. 86.68% of the stock is owned by institutional investors.

Dun & Bradstreet Company Profile

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.