Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Short Interest Up 17.8% in June

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) saw a large growth in short interest in June. As of June 30th, there was short interest totalling 27,330,000 shares, a growth of 17.8% from the June 15th total of 23,200,000 shares. Based on an average daily trading volume, of 3,470,000 shares, the short-interest ratio is presently 7.9 days. Approximately 9.4% of the shares of the stock are sold short.

Institutional Investors Weigh In On Dun & Bradstreet

A number of large investors have recently bought and sold shares of DNB. Parkside Financial Bank & Trust raised its stake in shares of Dun & Bradstreet by 7,260.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,797 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 2,759 shares in the last quarter. Evermay Wealth Management LLC bought a new position in shares of Dun & Bradstreet in the first quarter valued at approximately $37,000. Signaturefd LLC lifted its stake in shares of Dun & Bradstreet by 100.7% in the fourth quarter. Signaturefd LLC now owns 3,541 shares of the business services provider’s stock worth $41,000 after buying an additional 1,777 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of Dun & Bradstreet during the 1st quarter worth $70,000. Finally, Innealta Capital LLC acquired a new position in Dun & Bradstreet in the 1st quarter valued at $113,000. 86.68% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DNB. Needham & Company LLC reissued a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a research note on Tuesday, May 14th. Jefferies Financial Group reduced their price objective on Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, April 12th. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Dun & Bradstreet currently has a consensus rating of “Moderate Buy” and a consensus target price of $13.64.

Dun & Bradstreet Trading Up 3.0 %

Dun & Bradstreet stock opened at $9.93 on Monday. Dun & Bradstreet has a twelve month low of $8.68 and a twelve month high of $12.62. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 1.04. The firm’s 50 day moving average price is $9.65 and its two-hundred day moving average price is $10.22.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, May 2nd. The business services provider reported $0.17 earnings per share (EPS) 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 analysts’ expectations of $567.77 million. On average, analysts forecast that Dun & Bradstreet will post 0.89 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, June 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.01%. Dun & Bradstreet’s dividend 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.