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

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) was the target of a significant 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. Based on an average trading volume of 2,480,000 shares, the days-to-cover ratio is currently 9.8 days. Currently, 8.2% of the company’s stock are short sold.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Needham & Company LLC reissued a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a research note on Friday, November 1st. StockNews.com raised shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Barclays raised their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $13.83.

Dun & Bradstreet Stock Up 0.6 %

Dun & Bradstreet stock opened at $12.33 on Wednesday. Dun & Bradstreet has a 1-year low of $8.77 and a 1-year high of $12.94. The firm has a market capitalization of $5.44 billion, a price-to-earnings ratio of -154.13, a price-to-earnings-growth ratio of 3.44 and a beta of 1.16. The firm’s fifty day moving average price is $11.98 and its two-hundred day moving average price is $11.16. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08.

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

Dun & Bradstreet Announces Dividend

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

Institutional Trading of Dun & Bradstreet

Institutional investors and hedge funds have recently made changes to their positions in the company. Blue Trust Inc. raised its holdings in shares of Dun & Bradstreet by 129.1% in the second 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. Canada Pension Plan Investment Board increased its holdings in Dun & Bradstreet by 85.1% during the second quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock worth $81,000 after buying an additional 4,000 shares during the last quarter. KBC Group NV increased its holdings in Dun & Bradstreet by 33.9% during the third quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after buying an additional 2,499 shares during the last quarter. Paloma Partners Management Co purchased a new stake in Dun & Bradstreet during the third quarter worth about $117,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in Dun & Bradstreet during the third quarter worth about $120,000. Hedge funds and other institutional investors own 86.68% of the company’s stock.

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.