Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Short Interest Update

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) was the target of a large increase in short interest in September. As of September 30th, there was short interest totalling 25,190,000 shares, an increase of 6.6% from the September 15th total of 23,640,000 shares. Approximately 8.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,180,000 shares, the short-interest ratio is presently 7.9 days.

Analyst Ratings Changes

DNB has been the topic of several recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $17.00 price target on shares of Dun & Bradstreet in a research note on Monday, August 5th. The Goldman Sachs Group boosted their target price on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research note on Monday, August 5th. Royal Bank of Canada dropped their target price on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a research report on Friday, August 2nd. JPMorgan Chase & Co. boosted their price target on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. Finally, Barclays raised their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a report on Friday, September 13th. Five equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $13.85.

Dun & Bradstreet Price Performance

DNB traded up $0.02 during midday trading on Thursday, hitting $11.46. The company had a trading volume of 1,956,857 shares, compared to its average volume of 3,401,667. Dun & Bradstreet has a twelve month low of $8.68 and a twelve month high of $12.75. The firm’s 50-day simple moving average is $11.64 and its 200-day simple moving average is $10.45. The company has a market capitalization of $5.07 billion, a PE ratio of -143.25, a P/E/G ratio of 2.66 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 (NYSE:DNB) last posted its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. The firm had revenue of $576.20 million during the quarter, compared to analysts’ expectations of $580.77 million. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. Dun & Bradstreet’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.17 EPS. Equities research analysts predict that Dun & Bradstreet will post 0.89 EPS for the current fiscal year.

Dun & Bradstreet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.75%. The ex-dividend date was Thursday, September 5th. Dun & Bradstreet’s dividend payout ratio is -250.00%.

Institutional Trading of Dun & Bradstreet

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DNB. Quantbot Technologies LP acquired a new stake in shares of Dun & Bradstreet during the 1st quarter worth approximately $1,844,000. Alaska Permanent Fund Corp grew its holdings in Dun & Bradstreet by 331.5% during the 1st quarter. Alaska Permanent Fund Corp now owns 160,289 shares of the business services provider’s stock worth $1,609,000 after acquiring an additional 123,139 shares during the period. Natixis bought a new stake in shares of Dun & Bradstreet during the 1st quarter valued at $2,713,000. Jane Street Group LLC bought a new stake in shares of Dun & Bradstreet during the 1st quarter valued at $3,936,000. Finally, Magnetar Financial LLC acquired a new position in shares of Dun & Bradstreet in the 1st quarter valued at $809,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.

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.