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

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) was the recipient of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 23,620,000 shares, a decline of 6.4% from the January 15th total of 25,240,000 shares. Based on an average daily trading volume, of 2,750,000 shares, the days-to-cover ratio is presently 8.6 days. Approximately 8.0% of the company’s shares are sold short.

Dun & Bradstreet Stock Down 0.5 %

Shares of DNB stock traded down $0.06 during trading hours on Monday, reaching $10.64. 2,749,075 shares of the stock were exchanged, compared to its average volume of 3,483,116. The business’s fifty day moving average is $11.81 and its two-hundred day moving average is $11.81. The firm has a market capitalization of $4.70 billion, a P/E ratio of -132.94, a P/E/G ratio of 2.84 and a beta of 1.14. Dun & Bradstreet has a 12-month low of $8.77 and a 12-month high of $12.94. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70.

Dun & Bradstreet Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date is Thursday, March 6th. Dun & Bradstreet’s dividend payout ratio is presently -250.00%.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Dun & Bradstreet

Several institutional investors have recently modified their holdings of DNB. Azora Capital LP increased its stake in Dun & Bradstreet by 119.8% in the third quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock valued at $91,773,000 after purchasing an additional 4,346,033 shares during the last quarter. Norges Bank purchased a new position in shares of Dun & Bradstreet in the 4th quarter valued at $42,016,000. Massachusetts Financial Services Co. MA grew its position in shares of Dun & Bradstreet by 5.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 56,497,966 shares of the business services provider’s stock valued at $650,292,000 after buying an additional 3,144,458 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Dun & Bradstreet during the 4th quarter worth $26,817,000. Finally, FMR LLC lifted its position in Dun & Bradstreet by 17.8% in the third quarter. FMR LLC now owns 11,465,075 shares of the business services provider’s stock valued at $131,963,000 after acquiring an additional 1,733,220 shares during the last quarter. 86.68% of the stock is owned by hedge funds and other institutional investors.

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.