Dun & Bradstreet (NYSE:DNB) Trading Down 6.7% – Time to Sell?

Dun & Bradstreet Holdings, Inc. (NYSE:DNB)’s stock price fell 6.7% during trading on Friday . The stock traded as low as $11.27 and last traded at $11.32. 1,003,082 shares were traded during mid-day trading, a decline of 71% from the average session volume of 3,422,335 shares. The stock had previously closed at $12.13.

Wall Street Analyst Weigh In

DNB has been the subject of several recent analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Needham & Company LLC reiterated a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research report on Friday, November 1st. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Dun & Bradstreet has a consensus rating of “Hold” and an average target price of $13.13.

Dun & Bradstreet Stock Down 7.5 %

The business’s 50 day moving average is $12.05 and its 200-day moving average is $11.78. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 0.70. The firm has a market capitalization of $4.96 billion, a price-to-earnings ratio of -140.31, a price-to-earnings-growth ratio of 2.88 and a beta of 1.14.

Dun & Bradstreet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.78%. Dun & Bradstreet’s dividend payout ratio is -250.00%.

Institutional Trading of Dun & Bradstreet

Several hedge funds and other institutional investors have recently bought and sold shares of DNB. Amundi raised its stake in shares of Dun & Bradstreet by 27.9% in the fourth quarter. Amundi now owns 5,158 shares of the business services provider’s stock worth $64,000 after acquiring an additional 1,126 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Dun & Bradstreet by 28.2% in the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock worth $67,000 after acquiring an additional 1,284 shares during the last quarter. KBC Group NV raised its stake in shares of Dun & Bradstreet by 33.9% in the third quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after acquiring an additional 2,499 shares during the last quarter. Paloma Partners Management Co bought a new position in shares of Dun & Bradstreet in the third quarter worth about $117,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Dun & Bradstreet during the third quarter worth approximately $120,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Dun & Bradstreet Company Profile

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.