Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives Average Rating of “Hold” from Brokerages

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has been assigned an average rating of “Hold” from the six research firms that are currently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $12.50.

DNB has been the subject of several research analyst reports. Needham & Company LLC reduced their price objective on shares of Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating for the company in a report on Friday. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Finally, The Goldman Sachs Group lowered their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research note on Friday.

Dun & Bradstreet Price Performance

Shares of NYSE:DNB opened at $9.45 on Monday. The firm’s 50 day moving average is $11.63 and its two-hundred day moving average is $11.76. The firm has a market capitalization of $4.17 billion, a P/E ratio of -157.39, a PEG ratio of 2.21 and a beta of 1.14. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06. Dun & Bradstreet has a 52 week low of $8.77 and a 52 week high of $12.94.

Dun & Bradstreet (NYSE:DNB) last announced its earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.05). Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The business had revenue of $631.90 million for the quarter, compared to the consensus estimate of $658.04 million. Analysts anticipate that Dun & Bradstreet will post 0.96 earnings per share for the current year.

Dun & Bradstreet Announces Dividend

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. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.20 annualized dividend and a dividend yield of 2.12%. Dun & Bradstreet’s dividend payout ratio is currently -333.28%.

Institutional Trading of Dun & Bradstreet

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Street Corp increased its holdings in shares of Dun & Bradstreet by 9.8% in the third quarter. State Street Corp now owns 5,227,336 shares of the business services provider’s stock valued at $60,167,000 after buying an additional 468,027 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Dun & Bradstreet by 23.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,976,053 shares of the business services provider’s stock worth $45,764,000 after acquiring an additional 760,956 shares during the last quarter. Park Avenue Securities LLC raised its position in shares of Dun & Bradstreet by 15.5% during the fourth quarter. Park Avenue Securities LLC now owns 60,548 shares of the business services provider’s stock worth $754,000 after purchasing an additional 8,103 shares during the period. Barclays PLC lifted its holdings in shares of Dun & Bradstreet by 144.9% during the third quarter. Barclays PLC now owns 1,192,700 shares of the business services provider’s stock valued at $13,728,000 after purchasing an additional 705,707 shares during the last quarter. Finally, MML Investors Services LLC boosted its position in shares of Dun & Bradstreet by 62.2% in the 3rd quarter. MML Investors Services LLC now owns 27,795 shares of the business services provider’s stock valued at $320,000 after purchasing an additional 10,658 shares during the period. 86.68% of the stock is owned by institutional investors and hedge funds.

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.