Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives $13.64 Average Price Target from Brokerages

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has been assigned an average rating of “Moderate Buy” from the seven brokerages that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $13.64.

DNB has been the topic of a number of recent analyst reports. Needham & Company LLC dropped their price target on shares of Dun & Bradstreet from $18.00 to $17.00 and set a “buy” rating on the stock in a research report on Friday, February 16th. Raymond James upgraded shares of Dun & Bradstreet from an “outperform” rating to a “strong-buy” rating and set a $18.00 price objective for the company in a research note on Friday, January 5th. The Goldman Sachs Group boosted their target price on Dun & Bradstreet from $10.30 to $11.50 and gave the stock a “neutral” rating in a research note on Friday, February 16th. Finally, Jefferies Financial Group decreased their price target on Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating for the company in a research report on Friday, April 12th.

Insider Activity at Dun & Bradstreet

In other Dun & Bradstreet news, Director Cannae Holdings, Inc. sold 10,000,000 shares of the firm’s stock in a transaction on Monday, March 18th. The stock was sold at an average price of $10.09, for a total value of $100,900,000.00. Following the completion of the sale, the director now directly owns 69,048,691 shares of the company’s stock, valued at $696,701,292.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 10.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Dun & Bradstreet

Institutional investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. boosted its holdings in shares of Dun & Bradstreet by 0.3% in the fourth quarter. Russell Investments Group Ltd. now owns 299,666 shares of the business services provider’s stock worth $3,506,000 after acquiring an additional 908 shares during the period. Principal Financial Group Inc. boosted its stake in Dun & Bradstreet by 5.6% in the 3rd quarter. Principal Financial Group Inc. now owns 21,433 shares of the business services provider’s stock worth $214,000 after purchasing an additional 1,127 shares during the period. Treasurer of the State of North Carolina grew its holdings in Dun & Bradstreet by 1.0% during the 4th quarter. Treasurer of the State of North Carolina now owns 120,806 shares of the business services provider’s stock valued at $1,413,000 after buying an additional 1,180 shares in the last quarter. Arizona State Retirement System increased its position in shares of Dun & Bradstreet by 2.3% during the third quarter. Arizona State Retirement System now owns 62,547 shares of the business services provider’s stock valued at $625,000 after buying an additional 1,377 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Dun & Bradstreet by 14.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 12,813 shares of the business services provider’s stock worth $150,000 after buying an additional 1,656 shares in the last quarter. 86.68% of the stock is owned by hedge funds and other institutional investors.

Dun & Bradstreet Stock Performance

Shares of DNB opened at $9.35 on Tuesday. The firm has a market capitalization of $4.10 billion, a P/E ratio of -85.00, a P/E/G ratio of 1.96 and a beta of 1.15. Dun & Bradstreet has a 52 week low of $8.68 and a 52 week high of $12.62. The stock has a 50 day moving average price of $9.93 and a two-hundred day moving average price of $10.45. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.63 and a current ratio of 0.63.

Dun & Bradstreet (NYSE:DNB) last announced its earnings results on Thursday, February 15th. The business services provider reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.01. The company had revenue of $630.40 million for the quarter, compared to analysts’ expectations of $623.19 million. Dun & Bradstreet had a positive return on equity of 10.65% and a negative net margin of 2.03%. Dun & Bradstreet’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.28 earnings per share. Equities analysts forecast that Dun & Bradstreet will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 7th were issued a $0.05 dividend. The ex-dividend date was Wednesday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.14%. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -181.82%.

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.