Analysts Set Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Target Price at $13.13

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have been assigned an average recommendation of “Hold” from the six analysts that are currently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $12.50.

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

Hedge Funds Weigh In On Dun & Bradstreet

Several institutional investors and hedge funds have recently bought and sold shares of DNB. Blue Trust Inc. grew its stake in Dun & Bradstreet by 28.2% during 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. Raymond James & Associates grew its stake in Dun & Bradstreet by 8.6% during the 3rd quarter. Raymond James & Associates now owns 1,542,456 shares of the business services provider’s stock valued at $17,754,000 after acquiring an additional 122,460 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in Dun & Bradstreet by 7.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 21,085,138 shares of the business services provider’s stock valued at $242,690,000 after acquiring an additional 1,451,705 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in Dun & Bradstreet during the 3rd quarter valued at about $180,000. Finally, Harbor Capital Advisors Inc. grew its stake in Dun & Bradstreet by 96.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 1,166,781 shares of the business services provider’s stock valued at $13,430,000 after acquiring an additional 572,079 shares in the last quarter. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Price Performance

Shares of NYSE DNB opened at $9.45 on Monday. Dun & Bradstreet has a fifty-two week low of $8.77 and a fifty-two week high of $12.94. The firm’s 50-day simple moving average is $11.63 and its 200 day simple moving average is $11.76. 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 $4.17 billion, a P/E ratio of -118.06, a P/E/G ratio of 2.47 and a beta of 1.14.

Dun & Bradstreet (NYSE:DNB) last released its earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). The firm had revenue of $631.90 million for the quarter, compared to analyst estimates of $658.04 million. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. Equities analysts expect that Dun & Bradstreet will post 0.88 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be paid a dividend of $0.05 per share. The ex-dividend date is Thursday, March 6th. This represents a $0.20 annualized dividend and a yield of 2.12%. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -333.33%.

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.