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

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has been assigned an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $13.83.

A number of research firms recently weighed in on DNB. Needham & Company LLC reissued a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a report on Friday, November 1st. Barclays raised their target price on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. Finally, StockNews.com upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd.

Dun & Bradstreet Price Performance

DNB opened at $12.35 on Friday. The company has a fifty day simple moving average of $12.19 and a 200 day simple moving average of $11.37. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08. The stock has a market cap of $5.45 billion, a P/E ratio of -154.38, a P/E/G ratio of 3.44 and a beta of 1.16. Dun & Bradstreet has a 12 month low of $8.77 and a 12 month high of $12.94.

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, hitting the consensus estimate of $0.27. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The company had revenue of $609.10 million during the quarter, compared to the consensus estimate of $605.64 million. During the same period in the prior year, the company earned $0.23 earnings per share. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. On average, research analysts expect that Dun & Bradstreet will post 0.88 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 5th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend was Thursday, December 5th. Dun & Bradstreet’s payout ratio is -250.00%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DNB. Blue Trust Inc. lifted its position in Dun & Bradstreet by 28.2% in the 3rd quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock valued at $67,000 after acquiring an additional 1,284 shares in the last quarter. Canada Pension Plan Investment Board raised its position in shares of Dun & Bradstreet by 85.1% during the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock valued at $81,000 after purchasing an additional 4,000 shares during the period. Xponance Inc. bought a new stake in Dun & Bradstreet during the 2nd quarter valued at approximately $100,000. KBC Group NV grew its stake 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 valued at $114,000 after acquiring an additional 2,499 shares in the last quarter. Finally, Paloma Partners Management Co purchased a new position in Dun & Bradstreet during the 3rd quarter valued at approximately $117,000. 86.68% of the stock is currently 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.