Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Given Consensus Rating of “Hold” by Analysts

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has earned a consensus recommendation of “Hold” from the six ratings firms that are presently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $12.50.

Several research firms recently weighed in on DNB. The Goldman Sachs Group dropped their price target on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research report on Friday, February 21st. Needham & Company LLC lowered their target price on Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 price target on shares of Dun & Bradstreet in a research report on Wednesday, January 29th.

Dun & Bradstreet Stock Performance

Shares of DNB opened at $8.34 on Friday. The company has a 50-day moving average of $10.39 and a two-hundred day moving average of $11.36. The stock has a market cap of $3.68 billion, a price-to-earnings ratio of -138.98, a PEG ratio of 2.21 and a beta of 1.19. 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 has a one year low of $7.78 and a one year high of $12.95.

Dun & Bradstreet (NYSE:DNB) last posted 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). Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The firm had revenue of $631.90 million during the quarter, compared to analyst estimates of $658.04 million. On average, equities research analysts expect that Dun & Bradstreet will post 0.96 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.20 annualized dividend and a dividend yield of 2.40%. Dun & Bradstreet’s payout ratio is -333.33%.

Hedge Funds Weigh In On Dun & Bradstreet

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DNB. Atria Investments Inc increased its stake in shares of Dun & Bradstreet by 10.8% during the 3rd quarter. Atria Investments Inc now owns 49,030 shares of the business services provider’s stock worth $564,000 after purchasing an additional 4,783 shares during the last quarter. KBC Group NV increased its position in Dun & Bradstreet by 33.9% during the third quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after buying an additional 2,499 shares during the last quarter. Mizuho Markets Americas LLC bought a new position in Dun & Bradstreet during the third quarter valued at about $17,750,000. Thrivent Financial for Lutherans lifted its position in shares of Dun & Bradstreet by 9.6% in the third quarter. Thrivent Financial for Lutherans now owns 790,254 shares of the business services provider’s stock worth $9,096,000 after buying an additional 69,339 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Dun & Bradstreet by 5.9% during 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 in the last quarter. Institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Company Profile

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.