Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Given Average Recommendation of “Moderate Buy” by Analysts

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has received an average recommendation of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $13.75.

DNB has been the subject of a number of recent analyst reports. The Goldman Sachs Group upped their price objective on Dun & Bradstreet from $10.30 to $11.50 and gave the company a “neutral” rating in a research note on Friday, February 16th. Needham & Company LLC reduced their price objective on Dun & Bradstreet from $18.00 to $17.00 and set a “buy” rating for the company in a research note on Friday, February 16th. Finally, Raymond James upgraded Dun & Bradstreet from an “outperform” rating to a “strong-buy” rating and set a $18.00 price objective for the company in a research note on Friday, January 5th.

Insider Buying and Selling

In related news, Director Cannae Holdings, Inc. sold 10,000,000 shares of the stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $10.09, for a total transaction of $100,900,000.00. Following the sale, the director now owns 69,048,691 shares of the company’s stock, valued at approximately $696,701,292.19. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 10.00% of the stock is currently owned by insiders.

Institutional Trading of Dun & Bradstreet

A number of institutional investors have recently added to or reduced their stakes in DNB. Massachusetts Financial Services Co. MA raised its holdings in shares of Dun & Bradstreet by 29.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 35,527,102 shares of the business services provider’s stock valued at $354,916,000 after acquiring an additional 8,009,051 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Dun & Bradstreet by 25.2% in the 1st quarter. BlackRock Inc. now owns 19,608,863 shares of the business services provider’s stock valued at $230,208,000 after acquiring an additional 3,950,464 shares in the last quarter. Shapiro Capital Management LLC purchased a new stake in shares of Dun & Bradstreet in the 3rd quarter valued at about $35,214,000. Hawk Ridge Capital Management LP purchased a new stake in shares of Dun & Bradstreet in the 2nd quarter valued at about $37,083,000. Finally, FMR LLC raised its holdings in shares of Dun & Bradstreet by 83.8% in the 3rd quarter. FMR LLC now owns 6,916,851 shares of the business services provider’s stock valued at $69,099,000 after acquiring an additional 3,153,804 shares in the last quarter. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Trading Up 0.7 %

Shares of Dun & Bradstreet stock opened at $10.03 on Friday. The stock has a fifty day simple moving average of $10.74 and a 200 day simple moving average of $10.54. Dun & Bradstreet has a 12-month low of $8.68 and a 12-month high of $12.62. The company has a market capitalization of $4.40 billion, a P/E ratio of -91.18, a price-to-earnings-growth ratio of 2.06 and a beta of 1.16. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 1.02.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings results on Thursday, February 15th. The business services provider reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.01. Dun & Bradstreet had a positive return on equity of 10.65% and a negative net margin of 2.03%. The business had revenue of $630.40 million during the quarter, compared to the consensus estimate of $623.19 million. During the same quarter in the prior year, the company posted $0.28 earnings per share. Dun & Bradstreet’s revenue was up 5.9% compared to the same quarter last year. On average, sell-side analysts anticipate that Dun & Bradstreet will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were paid a dividend of $0.05 per share. The ex-dividend date was Wednesday, March 6th. This represents a $0.20 annualized dividend and a dividend yield of 1.99%. Dun & Bradstreet’s payout ratio is -181.82%.

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.