Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are covering the company, MarketBeat Ratings reports. Four equities research 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 1 year price objective among brokers that have issued ratings on the stock in the last year is $13.73.

A number of research analysts have recently issued reports on DNB shares. Jefferies Financial Group cut their target price on shares of Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, April 12th. JPMorgan Chase & Co. upped their price target on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday. Needham & Company LLC reissued a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a report on Monday. StockNews.com downgraded shares of Dun & Bradstreet from a “hold” rating to a “sell” rating in a research note on Monday. Finally, Royal Bank of Canada decreased their price target on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a research note on Friday, August 2nd.

Dun & Bradstreet Stock Performance

Shares of NYSE:DNB opened at $11.61 on Thursday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.71 and a quick ratio of 0.62. The business’s fifty day moving average price is $9.80 and its two-hundred day moving average price is $10.12. Dun & Bradstreet has a fifty-two week low of $8.68 and a fifty-two week high of $12.75. The stock has a market capitalization of $5.14 billion, a price-to-earnings ratio of -145.06, a price-to-earnings-growth ratio of 1.89 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last posted its earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. The business had revenue of $576.20 million for the quarter, compared to analyst estimates of $580.77 million. During the same quarter in the prior year, the firm earned $0.17 EPS. The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. As a group, analysts predict that Dun & Bradstreet will post 0.89 EPS for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 19th. Investors of record on Thursday, September 5th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $0.20 annualized dividend and a yield of 1.72%. Dun & Bradstreet’s dividend payout ratio is currently -250.00%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in DNB. Norges Bank acquired a new stake in shares of Dun & Bradstreet in the 4th quarter valued at approximately $35,820,000. Allspring Global Investments Holdings LLC increased its stake in Dun & Bradstreet by 4.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 14,208,101 shares of the business services provider’s stock worth $166,235,000 after purchasing an additional 588,460 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Dun & Bradstreet in the first quarter valued at approximately $1,844,000. Alaska Permanent Fund Corp boosted its stake in Dun & Bradstreet by 331.5% in the 1st quarter. Alaska Permanent Fund Corp now owns 160,289 shares of the business services provider’s stock worth $1,609,000 after purchasing an additional 123,139 shares during the period. Finally, Hawk Ridge Capital Management LP raised its stake in shares of Dun & Bradstreet by 24.2% in the 4th quarter. Hawk Ridge Capital Management LP now owns 5,768,863 shares of the business services provider’s stock valued at $67,496,000 after purchasing an additional 1,123,400 shares during the period. Institutional investors and hedge funds 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.