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

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has earned an average recommendation of “Moderate Buy” from the seven analysts that are covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $13.83.

A number of equities analysts recently weighed in on the stock. Needham & Company LLC restated a “buy” rating and issued a $17.00 price objective on shares of Dun & Bradstreet in a report on Friday, November 1st. Barclays increased their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Finally, StockNews.com upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.

Dun & Bradstreet Trading Down 0.6 %

NYSE DNB opened at $12.59 on Wednesday. Dun & Bradstreet has a 12 month low of $8.77 and a 12 month high of $12.94. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The stock’s fifty day moving average price is $11.76 and its 200-day moving average price is $10.97. The stock has a market cap of $5.56 billion, a P/E ratio of -157.38, a P/E/G ratio of 3.52 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $609.10 million for the quarter, compared to the consensus estimate of $605.64 million. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. Dun & Bradstreet’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.23 EPS. As a group, equities analysts forecast that Dun & Bradstreet will post 0.88 EPS for the current fiscal year.

Dun & Bradstreet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date of this dividend is Thursday, December 5th. Dun & Bradstreet’s payout ratio is -250.00%.

Institutional Investors Weigh In On Dun & Bradstreet

Hedge funds and other institutional investors have recently modified their holdings of the stock. Blue Trust Inc. grew its holdings in Dun & Bradstreet by 129.1% during the second quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 2,563 shares during the period. Canada Pension Plan Investment Board grew its stake in shares of Dun & Bradstreet by 85.1% during the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock valued at $81,000 after acquiring an additional 4,000 shares during the period. KBC Group NV increased its holdings in Dun & Bradstreet by 33.9% in the 3rd 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 in the last quarter. Paloma Partners Management Co bought a new stake in Dun & Bradstreet during the 3rd quarter worth approximately $117,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in Dun & Bradstreet during the third quarter valued at approximately $120,000. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

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.