Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives $12.50 Consensus PT from Analysts

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

A number of equities analysts have recently issued reports on DNB shares. Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 price target on shares of Dun & Bradstreet in a report on Wednesday, January 29th. The Goldman Sachs Group dropped their target price on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a report on Friday, February 21st. Finally, Needham & Company LLC decreased their price target 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.

Institutional Investors Weigh In On Dun & Bradstreet

Institutional investors and hedge funds have recently bought and sold shares of the stock. Amundi lifted its position in shares of Dun & Bradstreet by 27.9% in the fourth quarter. Amundi now owns 5,158 shares of the business services provider’s stock valued at $64,000 after acquiring an additional 1,126 shares in the last quarter. Neo Ivy Capital Management purchased a new position in Dun & Bradstreet in the 4th quarter valued at about $96,000. KBC Group NV grew its holdings in shares of 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 in the last quarter. Paloma Partners Management Co acquired a new position in shares of Dun & Bradstreet in the third quarter valued at approximately $117,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Dun & Bradstreet during the third quarter valued at approximately $120,000. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Price Performance

Shares of DNB opened at $8.50 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06. The stock’s 50 day moving average is $10.26 and its two-hundred day moving average is $11.33. Dun & Bradstreet has a twelve month low of $7.78 and a twelve month high of $12.95. The firm has a market capitalization of $3.75 billion, a PE ratio of -141.56, a P/E/G ratio of 2.21 and a beta of 1.19.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). The business had revenue of $631.90 million during the quarter, compared to analysts’ expectations of $658.04 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. Research analysts anticipate that Dun & Bradstreet will post 0.96 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.35%. Dun & Bradstreet’s dividend payout ratio (DPR) is -333.33%.

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.