Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives $13.64 Consensus PT from Analysts

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have earned an average rating of “Moderate Buy” from the seven research firms that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $13.64.

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

Insider Activity

In other news, Director Cannae Holdings, Inc. sold 10,000,000 shares of the company’s 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 owns 69,048,691 shares in the company, valued at approximately $696,701,292.19. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 10.00% of the company’s stock.

Institutional Trading of Dun & Bradstreet

A number of large investors have recently bought and sold shares of the business. Russell Investments Group Ltd. boosted its stake in Dun & Bradstreet by 0.3% during the 4th quarter. Russell Investments Group Ltd. now owns 299,666 shares of the business services provider’s stock worth $3,506,000 after purchasing an additional 908 shares during the period. Principal Financial Group Inc. boosted its stake in Dun & Bradstreet by 5.6% during 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 boosted its stake 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 worth $1,413,000 after purchasing an additional 1,180 shares during the period. Arizona State Retirement System boosted its stake in Dun & Bradstreet by 2.3% during the 3rd quarter. Arizona State Retirement System now owns 62,547 shares of the business services provider’s stock worth $625,000 after purchasing an additional 1,377 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in shares of Dun & Bradstreet by 14.8% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 12,813 shares of the business services provider’s stock worth $150,000 after acquiring an additional 1,656 shares during the period. Institutional investors and hedge funds own 86.68% of the company’s stock.

Dun & Bradstreet Stock Performance

Shares of DNB stock opened at $9.24 on Tuesday. The firm’s 50 day moving average price is $9.96 and its 200-day moving average price is $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 has a one year low of $8.68 and a one year high of $12.62. The firm has a market cap of $4.05 billion, a P/E ratio of -83.95, a P/E/G ratio of 1.98 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings data on Thursday, February 15th. The business services provider reported $0.32 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 firm had revenue of $630.40 million for the quarter, compared to analyst estimates of $623.19 million. During the same period in the prior year, the business posted $0.28 EPS. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. As a group, equities research analysts predict that Dun & Bradstreet will post 0.88 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.17%. The ex-dividend date was Wednesday, March 6th. Dun & Bradstreet’s payout ratio is -181.82%.

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.