Brokerages Set Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Target Price at $13.75

Dun & Bradstreet Holdings, Inc. (NYSE:DNBGet Free Report) has been given an average recommendation of “Moderate Buy” by the six research firms that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $13.75.

Several research analysts have weighed in on DNB shares. The Goldman Sachs Group increased their price target on shares of Dun & Bradstreet from $10.30 to $11.50 and gave the stock a “neutral” rating 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 target on the stock in a research report on Friday, January 5th. Finally, Needham & Company LLC decreased 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.

Read Our Latest Report on Dun & Bradstreet

Dun & Bradstreet Trading Up 0.8 %

NYSE:DNB opened at $10.04 on Friday. Dun & Bradstreet has a 52 week low of $8.68 and a 52 week high of $12.62. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.02. The company’s 50 day moving average price is $10.71 and its 200-day moving average price is $10.53. The stock has a market cap of $4.41 billion, a price-to-earnings ratio of -91.27, a PEG ratio of 2.13 and a beta of 1.16.

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

Dun & Bradstreet Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th were paid a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.99%. Dun & Bradstreet’s payout ratio is currently -181.82%.

Insiders Place Their Bets

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

Hedge Funds Weigh In On Dun & Bradstreet

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Dun & Bradstreet by 9.0% during the 3rd quarter. Vanguard Group Inc. now owns 26,295,885 shares of the business services provider’s stock worth $262,696,000 after purchasing an additional 2,176,044 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Dun & Bradstreet by 55.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,699,014 shares of the business services provider’s stock valued at $26,963,000 after buying an additional 962,045 shares during the period. Ariel Investments LLC boosted its position in Dun & Bradstreet by 34.3% in the 3rd quarter. Ariel Investments LLC now owns 3,557,872 shares of the business services provider’s stock valued at $35,543,000 after buying an additional 908,481 shares during the period. Financiere des Professionnels Fonds d investissement inc. purchased a new stake in Dun & Bradstreet in the 3rd quarter valued at about $2,809,000. Finally, FMR LLC boosted its position in Dun & Bradstreet by 83.8% in the 3rd quarter. FMR LLC now owns 6,916,851 shares of the business services provider’s stock valued at $69,099,000 after buying an additional 3,153,804 shares during the period. 86.68% of the stock is owned by hedge funds and other institutional investors.

Dun & Bradstreet Company Profile

(Get Free Report

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.

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