Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives $13.85 Average PT from Brokerages

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has been assigned an average rating of “Moderate Buy” from the eight ratings firms that are covering the stock, Marketbeat Ratings reports. Four equities 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 1-year target price among analysts that have issued a report on the stock in the last year is $13.85.

A number of equities research analysts have recently issued reports on DNB shares. Barclays upped 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. JPMorgan Chase & Co. upped 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. StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. The Goldman Sachs Group increased their target price on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a report on Monday, August 5th. Finally, Royal Bank of Canada decreased their price target on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a research note on Friday, August 2nd.

Dun & Bradstreet Trading Up 0.7 %

Shares of DNB stock opened at $11.54 on Tuesday. The business has a 50-day moving average price of $11.63 and a two-hundred day moving average price of $10.47. Dun & Bradstreet has a 12-month low of $8.68 and a 12-month high of $12.75. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 1.08. The firm has a market cap of $5.11 billion, a P/E ratio of -144.25, a price-to-earnings-growth ratio of 2.66 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB) last released 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 during the quarter, compared to the consensus estimate of $580.77 million. During the same quarter in the previous year, the company posted $0.17 EPS. Dun & Bradstreet’s quarterly revenue was up 3.9% compared to the same quarter last year. Equities analysts anticipate that Dun & Bradstreet will post 0.89 EPS for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.20 dividend on an annualized basis and a yield of 1.73%. Dun & Bradstreet’s dividend payout ratio is presently -250.00%.

Institutional Investors Weigh In On Dun & Bradstreet

Institutional investors and hedge funds have recently bought and sold shares of the business. Blue Trust Inc. raised its stake in Dun & Bradstreet by 28.2% in the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock worth $67,000 after buying an additional 1,284 shares in the last quarter. OLD National Bancorp IN raised its position in shares of Dun & Bradstreet by 6.9% in the 2nd quarter. OLD National Bancorp IN now owns 19,931 shares of the business services provider’s stock worth $185,000 after acquiring an additional 1,286 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Dun & Bradstreet by 12.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider’s stock valued at $127,000 after purchasing an additional 1,533 shares during the period. Tidal Investments LLC boosted its position in shares of Dun & Bradstreet by 10.2% during the first quarter. Tidal Investments LLC now owns 30,924 shares of the business services provider’s stock valued at $310,000 after purchasing an additional 2,856 shares in the last quarter. Finally, Park Avenue Securities LLC grew its stake in Dun & Bradstreet by 10.7% in the first quarter. Park Avenue Securities LLC now owns 35,216 shares of the business services provider’s stock worth $354,000 after purchasing an additional 3,393 shares during the period. Hedge funds and other institutional investors own 86.68% of the company’s stock.

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.