Dun & Bradstreet (NYSE:DNB) Trading Down 2.7% – What’s Next?

Dun & Bradstreet Holdings, Inc. (NYSE:DNB)’s share price traded down 2.7% on Friday . The stock traded as low as $11.19 and last traded at $11.19. 157,499 shares traded hands during trading, a decline of 95% from the average session volume of 3,463,883 shares. The stock had previously closed at $11.50.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Royal Bank of Canada decreased their price objective on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a research report on Friday, August 2nd. The Goldman Sachs Group raised their price objective on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research report on Monday, August 5th. StockNews.com upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, Barclays raised their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Five analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $13.85.

Dun & Bradstreet Stock Performance

The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.71 and a current ratio of 0.71. The company has a market capitalization of $5.00 billion, a P/E ratio of -141.13, a P/E/G ratio of 2.67 and a beta of 1.16. The business’s fifty day simple moving average is $11.63 and its 200-day simple moving average is $10.36.

Dun & Bradstreet (NYSE:DNB) last posted its earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.23. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. The firm had revenue of $576.20 million for the quarter, compared to the consensus estimate of $580.77 million. During the same period in the previous year, the firm posted $0.17 EPS. The business’s quarterly revenue was up 3.9% on a year-over-year basis. As a group, equities analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.89 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were given a $0.05 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.20 annualized dividend and a yield of 1.77%. Dun & Bradstreet’s dividend payout ratio (DPR) is -250.00%.

Institutional Investors Weigh In On Dun & Bradstreet

Several hedge funds have recently modified their holdings of DNB. Evermay Wealth Management LLC purchased a new stake in shares of Dun & Bradstreet in the 1st quarter worth approximately $37,000. Blue Trust Inc. raised its stake in shares of Dun & Bradstreet by 129.1% during the 2nd quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock worth $46,000 after acquiring an additional 2,563 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of Dun & Bradstreet during the 1st quarter worth approximately $70,000. Canada Pension Plan Investment Board raised its stake in shares of Dun & Bradstreet by 85.1% during the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock worth $81,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Xponance Inc. bought a new position in shares of Dun & Bradstreet during the 2nd quarter worth approximately $100,000. Hedge funds and other 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.