Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives $13.85 Average Target Price from Analysts

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have been given an average recommendation of “Moderate Buy” by the eight analysts that are presently covering the company, MarketBeat reports. Four 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 twelve-month price objective among analysts that have issued ratings on the stock in the last year is $13.85.

DNB has been the topic of a number of recent research reports. Barclays raised their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. The Goldman Sachs Group lifted their price target on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research note on Monday, August 5th. JPMorgan Chase & Co. boosted their price objective on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Royal Bank of Canada dropped their target price on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a report on Friday, August 2nd. Finally, StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Saturday, September 21st.

Institutional Investors Weigh In On Dun & Bradstreet

Large investors have recently made changes to their positions in the business. Evermay Wealth Management LLC purchased a new position in shares of Dun & Bradstreet in the 1st quarter worth about $37,000. Blue Trust Inc. raised its position in Dun & Bradstreet by 129.1% in the second quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock worth $46,000 after acquiring an additional 2,563 shares during the period. Headlands Technologies LLC purchased a new position in Dun & Bradstreet in the first quarter valued at about $70,000. Canada Pension Plan Investment Board grew its position 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. Finally, Xponance Inc. purchased a new stake in shares of Dun & Bradstreet during the 2nd quarter worth approximately $100,000. 86.68% of the stock is owned by hedge funds and other institutional investors.

Dun & Bradstreet Stock Up 0.8 %

DNB stock opened at $11.35 on Friday. The stock’s 50 day simple moving average is $11.51 and its 200 day simple moving average is $10.30. The company has a market cap of $5.01 billion, a P/E ratio of -141.81, a price-to-earnings-growth ratio of 2.67 and a beta of 1.16. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.71 and a current ratio of 0.71. Dun & Bradstreet has a fifty-two week low of $8.68 and a fifty-two week high of $12.75.

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

Dun & Bradstreet Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were given a $0.05 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.20 annualized dividend and a yield of 1.76%. Dun & Bradstreet’s dividend payout ratio is currently -250.00%.

Dun & Bradstreet Company Profile

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.