Brokerages Set Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Price Target at $13.64

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has been given an average rating of “Moderate Buy” by the seven brokerages that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $13.64.

A number of research analysts have commented on the company. Needham & Company LLC reaffirmed a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a report on Tuesday, May 14th. Jefferies Financial Group reduced their target price on Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, April 12th.

Hedge Funds Weigh In On Dun & Bradstreet

Hedge funds have recently modified their holdings of the company. Parkside Financial Bank & Trust increased its position in shares of Dun & Bradstreet by 7,260.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,797 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 2,759 shares during the period. Evermay Wealth Management LLC acquired a new position in shares of Dun & Bradstreet in the 1st quarter worth $37,000. Signaturefd LLC grew its holdings in shares of Dun & Bradstreet by 100.7% in the 4th quarter. Signaturefd LLC now owns 3,541 shares of the business services provider’s stock worth $41,000 after acquiring an additional 1,777 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of Dun & Bradstreet during the first quarter valued at $70,000. Finally, Innealta Capital LLC purchased a new position in shares of Dun & Bradstreet during the first quarter valued at $113,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Dun & Bradstreet Price Performance

Shares of NYSE DNB opened at $9.93 on Friday. Dun & Bradstreet has a fifty-two week low of $8.68 and a fifty-two week high of $12.62. The business has a 50 day moving average price of $9.65 and a two-hundred day moving average price of $10.23. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 1.04. The firm has a market cap of $4.40 billion, a PE ratio of -124.13, a price-to-earnings-growth ratio of 2.54 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings data on Thursday, May 2nd. The business services provider reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. Dun & Bradstreet had a positive return on equity of 10.99% and a negative net margin of 1.56%. The firm had revenue of $564.50 million during the quarter, compared to analyst estimates of $567.77 million. Sell-side analysts expect that Dun & Bradstreet will post 0.89 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 20th. Shareholders of record on Thursday, June 6th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 2.01%. The ex-dividend date of this dividend was Thursday, June 6th. Dun & Bradstreet’s payout ratio is currently -250.00%.

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.