Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have received an average rating of “Moderate Buy” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $13.85.

DNB has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Needham & Company LLC restated a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a report on Monday, August 5th. The Goldman Sachs Group increased their price target on Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a report on Monday, August 5th. Royal Bank of Canada dropped their price objective 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. Finally, StockNews.com raised Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.

Dun & Bradstreet Stock Performance

NYSE DNB opened at $11.27 on Tuesday. The company has a market capitalization of $4.99 billion, a price-to-earnings ratio of -140.88, a PEG ratio of 2.66 and a beta of 1.16. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 1.08. Dun & Bradstreet has a twelve month low of $8.68 and a twelve month high of $12.75. The stock has a fifty day simple moving average of $11.62 and a 200 day simple moving average of $10.49.

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

Dun & Bradstreet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend was Thursday, September 5th. Dun & Bradstreet’s payout ratio is -250.00%.

Institutional Investors Weigh In On Dun & Bradstreet

A number of hedge funds have recently added to or reduced their stakes in DNB. Vanguard Group Inc. lifted its holdings in shares of Dun & Bradstreet by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 26,559,651 shares of the business services provider’s stock worth $310,748,000 after purchasing an additional 263,766 shares in the last quarter. Alaska Permanent Fund Corp grew its holdings in shares of Dun & Bradstreet by 331.5% during the first quarter. Alaska Permanent Fund Corp now owns 160,289 shares of the business services provider’s stock valued at $1,609,000 after buying an additional 123,139 shares during the last quarter. Park Avenue Securities LLC increased its position in shares of Dun & Bradstreet by 10.7% during the first quarter. Park Avenue Securities LLC now owns 35,216 shares of the business services provider’s stock worth $354,000 after acquiring an additional 3,393 shares in the last quarter. Oak Thistle LLC acquired a new stake in shares of Dun & Bradstreet in the 1st quarter worth about $126,000. Finally, Allspring Global Investments Holdings LLC lifted its position in Dun & Bradstreet by 17.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 16,649,756 shares of the business services provider’s stock valued at $167,164,000 after acquiring an additional 2,441,655 shares in the last quarter. Institutional investors and hedge funds own 86.68% of the company’s stock.

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.