Dun & Bradstreet (NYSE:DNB) Sets New 52-Week Low – Should You Sell?

Dun & Bradstreet Holdings, Inc. (NYSE:DNB)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $8.39 and last traded at $8.43, with a volume of 3873344 shares changing hands. The stock had previously closed at $8.81.

Analysts Set New Price Targets

Several analysts recently issued reports on DNB shares. Needham & Company LLC cut their price target on shares of Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating on the stock in a report on Friday, February 21st. The Goldman Sachs Group cut their target price on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research note on Friday, February 21st. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $12.50.

Dun & Bradstreet Stock Down 4.4 %

The stock has a market cap of $3.72 billion, a P/E ratio of -140.39, a PEG ratio of 2.21 and a beta of 1.19. The stock’s fifty day simple moving average is $10.89 and its 200-day simple moving average is $11.53. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). The company had revenue of $631.90 million for the quarter, compared to the consensus estimate of $658.04 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. On average, research analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current year.

Dun & Bradstreet Announces Dividend

The company also recently announced 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 annualized dividend and a yield of 2.37%. The ex-dividend date of this dividend is Thursday, March 6th. Dun & Bradstreet’s dividend payout ratio (DPR) is -333.33%.

Institutional Investors Weigh In On Dun & Bradstreet

A number of hedge funds have recently made changes to their positions in DNB. Amundi raised its stake in Dun & Bradstreet by 27.9% during the 4th quarter. Amundi now owns 5,158 shares of the business services provider’s stock valued at $64,000 after acquiring an additional 1,126 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Dun & Bradstreet by 5.5% during the fourth quarter. Cetera Investment Advisers now owns 23,843 shares of the business services provider’s stock valued at $297,000 after purchasing an additional 1,240 shares in the last quarter. Xponance Inc. lifted its holdings in Dun & Bradstreet by 16.5% in the fourth quarter. Xponance Inc. now owns 13,252 shares of the business services provider’s stock worth $165,000 after purchasing an additional 1,881 shares during the period. Cerity Partners LLC grew its position in Dun & Bradstreet by 10.1% in the 4th quarter. Cerity Partners LLC now owns 20,771 shares of the business services provider’s stock valued at $259,000 after buying an additional 1,909 shares in the last quarter. Finally, Truist Financial Corp increased its stake in Dun & Bradstreet by 8.7% during the 4th quarter. Truist Financial Corp now owns 24,420 shares of the business services provider’s stock valued at $304,000 after buying an additional 1,958 shares during the period. Institutional investors own 86.68% of the company’s stock.

About Dun & Bradstreet

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.