Investors Purchase Large Volume of Call Options on Dun & Bradstreet (NYSE:DNB)

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) was the target of some unusual options trading on Monday. Investors acquired 5,825 call options on the stock. This is an increase of 488% compared to the typical volume of 991 call options.

Analyst Ratings Changes

Several equities research analysts recently weighed in on DNB shares. Needham & Company LLC reissued a “hold” rating and issued a $14.00 price objective on shares of Dun & Bradstreet in a report on Monday. The Goldman Sachs Group cut their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a research report on Friday, February 21st. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $12.50.

Institutional Trading of Dun & Bradstreet

Institutional investors have recently made changes to their positions in the stock. Amundi raised its holdings in Dun & Bradstreet by 27.9% during the 4th quarter. Amundi now owns 5,158 shares of the business services provider’s stock valued at $64,000 after buying an additional 1,126 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Dun & Bradstreet by 5.5% in the fourth quarter. Cetera Investment Advisers now owns 23,843 shares of the business services provider’s stock valued at $297,000 after acquiring an additional 1,240 shares during the period. Xponance Inc. raised its stake in shares of Dun & Bradstreet by 16.5% during the fourth quarter. Xponance Inc. now owns 13,252 shares of the business services provider’s stock valued at $165,000 after acquiring an additional 1,881 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of Dun & Bradstreet by 10.1% during the fourth quarter. Cerity Partners LLC now owns 20,771 shares of the business services provider’s stock worth $259,000 after purchasing an additional 1,909 shares during the period. Finally, Truist Financial Corp grew its stake in shares of Dun & Bradstreet by 8.7% in the fourth quarter. Truist Financial Corp now owns 24,420 shares of the business services provider’s stock worth $304,000 after purchasing an additional 1,958 shares during the last quarter. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Trading Up 2.9 %

Shares of DNB stock opened at $8.99 on Tuesday. The firm has a market cap of $3.97 billion, a P/E ratio of -149.73, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 1.06. Dun & Bradstreet has a 12-month low of $7.78 and a 12-month high of $12.95. The business has a 50-day moving average price of $10.17 and a two-hundred day moving average price of $11.27.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.05). Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The business had revenue of $631.90 million for the quarter, compared to analysts’ expectations of $658.04 million. Equities analysts anticipate that Dun & Bradstreet will post 0.96 EPS for the current fiscal year.

Dun & Bradstreet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were given a $0.05 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.20 annualized dividend and a yield of 2.23%. Dun & Bradstreet’s payout ratio is currently -333.33%.

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.