Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives $13.83 Consensus Price Target from Brokerages

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have been given an average recommendation of “Moderate Buy” by the seven ratings firms that are covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $13.83.

Several analysts have commented on the stock. JPMorgan Chase & Co. upped their target price on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. Barclays upped their target price on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. The Goldman Sachs Group upped their target price on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research report on Monday, August 5th. StockNews.com upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Royal Bank of Canada dropped their target price on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a research report on Friday, August 2nd.

Dun & Bradstreet Stock Performance

DNB stock opened at $12.13 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70. The company has a 50 day moving average price of $11.54 and a 200 day moving average price of $10.78. Dun & Bradstreet has a fifty-two week low of $8.77 and a fifty-two week high of $12.75. The stock has a market capitalization of $5.35 billion, a PE ratio of -151.56, a price-to-earnings-growth ratio of 3.45 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 earnings per share for the quarter, hitting 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 quarter in the previous year, the company posted $0.23 EPS. Dun & Bradstreet’s revenue was up 3.5% on a year-over-year basis. Analysts forecast that Dun & Bradstreet will post 0.88 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date is Thursday, December 5th. Dun & Bradstreet’s dividend payout ratio is currently -250.00%.

Institutional Trading of Dun & Bradstreet

A number of large investors have recently made changes to their positions in DNB. Evermay Wealth Management LLC acquired a new position in Dun & Bradstreet in the 1st quarter worth $37,000. Blue Trust Inc. boosted its stake in Dun & Bradstreet by 129.1% in the 2nd quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock worth $46,000 after purchasing an additional 2,563 shares during the period. Headlands Technologies LLC acquired a new position in Dun & Bradstreet in the 1st quarter worth $70,000. Canada Pension Plan Investment Board boosted its stake in Dun & Bradstreet by 85.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock worth $81,000 after purchasing an additional 4,000 shares during the period. Finally, KBC Group NV boosted its stake in Dun & Bradstreet by 33.9% in the 3rd quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after purchasing an additional 2,499 shares during the period. Institutional investors own 86.68% of the company’s stock.

About Dun & Bradstreet

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.