Investors Buy Large Volume of Dun & Bradstreet Call Options (NYSE:DNB)

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) was the recipient of some unusual options trading on Tuesday. Investors purchased 7,200 call options on the stock. This represents an increase of 2,557% compared to the typical volume of 271 call options.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on DNB shares. JPMorgan Chase & Co. raised their target price on Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Monday, August 5th. StockNews.com downgraded shares of Dun & Bradstreet from a “hold” rating to a “sell” rating in a research note on Monday, August 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $17.00 price target on shares of Dun & Bradstreet in a report on Monday, August 5th. Royal Bank of Canada cut 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 report on Friday, August 2nd. Finally, The Goldman Sachs Group lifted their target price on Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a research report on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Dun & Bradstreet currently has an average rating of “Hold” and a consensus price target of $13.73.

Hedge Funds Weigh In On Dun & Bradstreet

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Dun & Bradstreet by 27.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 54,821 shares of the business services provider’s stock worth $641,000 after purchasing an additional 11,720 shares during the period. Signaturefd LLC grew its position in Dun & Bradstreet by 100.7% in the 4th quarter. Signaturefd LLC now owns 3,541 shares of the business services provider’s stock worth $41,000 after purchasing an additional 1,777 shares during the last quarter. OLD National Bancorp IN acquired a new stake in shares of Dun & Bradstreet in the fourth quarter valued at approximately $205,000. Parkside Financial Bank & Trust raised its holdings in shares of Dun & Bradstreet by 7,260.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,797 shares of the business services provider’s stock valued at $33,000 after buying an additional 2,759 shares during the last quarter. Finally, Alaska Permanent Fund Corp acquired a new position in shares of Dun & Bradstreet during the fourth quarter worth approximately $435,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Dun & Bradstreet Stock Up 0.6 %

NYSE:DNB opened at $11.99 on Thursday. The company has a market capitalization of $5.31 billion, a price-to-earnings ratio of -149.88, a price-to-earnings-growth ratio of 1.89 and a beta of 1.15. The stock has a 50-day simple moving average of $10.28 and a 200 day simple moving average of $10.12. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.62 and a current ratio of 0.71. Dun & Bradstreet has a one year low of $8.68 and a one year high of $12.75.

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

Dun & Bradstreet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 19th. Investors of record on Thursday, September 5th will be paid a dividend of $0.05 per share. The ex-dividend date is Thursday, September 5th. This represents a $0.20 annualized dividend and a yield of 1.67%. Dun & Bradstreet’s dividend payout ratio (DPR) is -250.00%.

Dun & Bradstreet Company Profile

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.