Dun & Bradstreet (NYSE:DNB) Sees Unusually-High Trading Volume

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB – Get Rating) saw an uptick in trading volume on Tuesday . 1,744,688 shares changed hands during trading, a decline of 32% from the previous session’s volume of 2,577,444 shares.The stock last traded at $10.37 and had previously closed at $10.22.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on DNB shares. StockNews.com began coverage on Dun & Bradstreet in a report on Thursday, May 18th. They issued a “hold” rating for the company. The Goldman Sachs Group decreased their price objective on shares of Dun & Bradstreet from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Friday, February 17th. Credit Suisse Group dropped their target price on shares of Dun & Bradstreet from $17.00 to $14.00 and set an “outperform” rating on the stock in a report on Friday, February 17th. Wells Fargo & Company decreased their target price on shares of Dun & Bradstreet from $20.00 to $17.00 and set an “overweight” rating for the company in a research note on Friday, February 17th. Finally, Raymond James lowered their price target on Dun & Bradstreet from $21.00 to $18.00 and set an “outperform” rating on the stock in a report on Friday, February 17th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $15.75.

Dun & Bradstreet Stock Performance

The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 1.03. The company has a market cap of $4.31 billion, a P/E ratio of -981.00, a PEG ratio of 1.51 and a beta of 0.96. The business’s 50 day simple moving average is $11.01 and its 200 day simple moving average is $12.35.

Dun & Bradstreet (NYSE:DNB – Get Rating) last announced its quarterly earnings data on Thursday, May 4th. The business services provider reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. The firm had revenue of $540.60 million during the quarter, compared to analysts’ expectations of $531.82 million. Dun & Bradstreet had a negative net margin of 0.21% and a positive return on equity of 11.02%. The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.22 earnings per share. Sell-side analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.84 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Investors of record on Thursday, June 1st will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.04%. The ex-dividend date of this dividend is Wednesday, May 31st. Dun & Bradstreet’s dividend payout ratio is currently -2,000.00%.

Insider Activity at Dun & Bradstreet

In related news, CEO Anthony M. Jabbour acquired 116,250 shares of the business’s stock in a transaction on Monday, March 20th. The stock was acquired at an average cost of $10.74 per share, with a total value of $1,248,525.00. Following the acquisition, the chief executive officer now directly owns 475,252 shares in the company, valued at approximately $5,104,206.48. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, CEO Anthony M. Jabbour acquired 116,250 shares of the company’s stock in a transaction on Monday, March 20th. The stock was acquired at an average price of $10.74 per share, with a total value of $1,248,525.00. Following the acquisition, the chief executive officer now directly owns 475,252 shares of the company’s stock, valued at $5,104,206.48. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman William P. Foley II sold 1,290,994 shares of Dun & Bradstreet stock in a transaction dated Wednesday, May 10th. The stock was sold at an average price of $10.72, for a total value of $13,839,455.68. Following the completion of the sale, the chairman now directly owns 2,459,658 shares in the company, valued at $26,367,533.76. The disclosure for this sale can be found here. 9.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Advisor Group Holdings Inc. raised its stake in Dun & Bradstreet by 287.3% during the first quarter. Advisor Group Holdings Inc. now owns 2,750 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 2,040 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Dun & Bradstreet by 42.8% during the 1st quarter. JPMorgan Chase & Co. now owns 42,698 shares of the business services provider’s stock valued at $748,000 after buying an additional 12,791 shares in the last quarter. US Bancorp DE bought a new position in shares of Dun & Bradstreet in the 1st quarter valued at about $96,000. Private Advisor Group LLC purchased a new position in Dun & Bradstreet in the first quarter worth about $348,000. Finally, PNC Financial Services Group Inc. increased its stake in Dun & Bradstreet by 5,483.1% during the first quarter. PNC Financial Services Group Inc. now owns 3,964 shares of the business services provider’s stock worth $70,000 after acquiring an additional 3,893 shares during the last quarter. 85.36% of the stock is currently owned by institutional investors.

Dun & Bradstreet Company Profile

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Dun & Bradstreet Holdings, Inc provides business decisioning 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 powerful 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 InfoTorg, an online SaaS application.