Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have been assigned an average recommendation of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $13.83.

Several equities analysts recently weighed in on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a research note on Friday, November 1st. Barclays raised their target price 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. Finally, StockNews.com raised shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.

Dun & Bradstreet Stock Performance

Shares of NYSE DNB opened at $12.47 on Wednesday. The firm has a fifty day moving average price of $11.89 and a 200-day moving average price of $11.06. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70. The stock has a market cap of $5.50 billion, a PE ratio of -155.81, a price-to-earnings-growth ratio of 3.45 and a beta of 1.16. Dun & Bradstreet has a 1 year low of $8.77 and a 1 year high of $12.94.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.27. The firm had revenue of $609.10 million during the quarter, compared to analysts’ expectations of $605.64 million. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.23 earnings per share. Equities analysts anticipate that Dun & Bradstreet will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 1.60%. Dun & Bradstreet’s dividend payout ratio (DPR) is currently -250.00%.

Hedge Funds Weigh In On Dun & Bradstreet

Several institutional investors have recently bought and sold shares of the business. Massachusetts Financial Services Co. MA lifted its holdings in shares of Dun & Bradstreet by 5.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 56,497,966 shares of the business services provider’s stock worth $650,292,000 after acquiring an additional 3,144,458 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Dun & Bradstreet by 7.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 21,085,138 shares of the business services provider’s stock worth $242,690,000 after acquiring an additional 1,451,705 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Dun & Bradstreet by 14.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 14,665,247 shares of the business services provider’s stock worth $135,796,000 after acquiring an additional 1,809,638 shares during the last quarter. FMR LLC lifted its holdings in shares of Dun & Bradstreet by 17.8% in the 3rd quarter. FMR LLC now owns 11,465,075 shares of the business services provider’s stock worth $131,963,000 after acquiring an additional 1,733,220 shares during the last quarter. Finally, Azora Capital LP lifted its holdings in shares of Dun & Bradstreet by 119.8% in the 3rd quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock worth $91,773,000 after acquiring an additional 4,346,033 shares during the last quarter. 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.