Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives $13.13 Average Target Price from Analysts

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has received a consensus rating of “Hold” from the six ratings firms that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $12.50.

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

Hedge Funds Weigh In On Dun & Bradstreet

A number of hedge funds have recently bought and sold shares of the company. Amundi grew its stake in Dun & Bradstreet by 27.9% in the fourth quarter. Amundi now owns 5,158 shares of the business services provider’s stock worth $64,000 after purchasing an additional 1,126 shares in the last quarter. Cetera Investment Advisers boosted its stake in Dun & Bradstreet by 5.5% in the fourth quarter. Cetera Investment Advisers now owns 23,843 shares of the business services provider’s stock valued at $297,000 after acquiring an additional 1,240 shares during the period. Blue Trust Inc. boosted its stake in Dun & Bradstreet by 28.2% in the third 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 during the period. Xponance Inc. boosted its stake in Dun & Bradstreet by 16.5% in the fourth quarter. Xponance Inc. now owns 13,252 shares of the business services provider’s stock valued at $165,000 after acquiring an additional 1,881 shares during the period. Finally, Cerity Partners LLC boosted its stake in Dun & Bradstreet by 10.1% in the fourth quarter. Cerity Partners LLC now owns 20,771 shares of the business services provider’s stock valued at $259,000 after acquiring an additional 1,909 shares during the period. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Dun & Bradstreet Trading Up 0.1 %

NYSE:DNB opened at $9.45 on Monday. The business’s 50-day moving average is $11.63 and its two-hundred day moving average is $11.76. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70. Dun & Bradstreet has a 12 month low of $8.77 and a 12 month high of $12.94. The firm has a market capitalization of $4.17 billion, a PE ratio of -157.39, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 EPS 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 company had revenue of $631.90 million during the quarter, compared to analysts’ expectations of $658.04 million. Research analysts predict that Dun & Bradstreet will post 0.96 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors 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 dividend on an annualized basis and a yield of 2.12%. Dun & Bradstreet’s dividend payout ratio (DPR) is -333.28%.

Dun & Bradstreet Company Profile

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.