Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Short Interest Down 6.4% in January

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) saw a significant drop in short interest in January. As of January 31st, there was short interest totalling 23,620,000 shares, a drop of 6.4% from the January 15th total of 25,240,000 shares. Based on an average daily trading volume, of 2,750,000 shares, the days-to-cover ratio is presently 8.6 days. Approximately 8.0% of the shares of the stock are short sold.

Institutional Trading of Dun & Bradstreet

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DNB. Amundi grew its position in shares of Dun & Bradstreet by 27.9% during the 4th quarter. Amundi now owns 5,158 shares of the business services provider’s stock worth $64,000 after buying an additional 1,126 shares during the period. Blue Trust Inc. grew its position in shares of Dun & Bradstreet by 28.2% during the 3rd quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock worth $67,000 after buying an additional 1,284 shares during the period. KBC Group NV grew its position in shares of Dun & Bradstreet by 33.9% during the 3rd 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 period. Paloma Partners Management Co acquired a new position in shares of Dun & Bradstreet during the 3rd quarter worth about $117,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Dun & Bradstreet during the 3rd quarter worth about $120,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently weighed in on DNB. Needham & Company LLC restated a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research note on Friday, November 1st. Royal Bank of Canada restated a “sector perform” rating and issued a $12.00 target price on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $13.13.

Dun & Bradstreet Trading Down 0.8 %

DNB stock traded down $0.09 during midday trading on Tuesday, reaching $10.56. The stock had a trading volume of 680,962 shares, compared to its average volume of 3,580,315. The business has a fifty day simple moving average of $11.81 and a two-hundred day simple moving average of $11.81. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08. The firm has a market cap of $4.66 billion, a price-to-earnings ratio of -131.94, a PEG ratio of 2.84 and a beta of 1.14. Dun & Bradstreet has a twelve month low of $8.77 and a twelve month high of $12.94.

Dun & Bradstreet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be given a $0.05 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a yield of 1.89%. Dun & Bradstreet’s payout ratio is -250.00%.

About Dun & Bradstreet

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.