Analysts Set Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Price Target at $13.83

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have earned an average rating of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $13.83.

Several analysts recently weighed in on the stock. StockNews.com upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Needham & Company LLC reaffirmed a “buy” rating and set a $17.00 price target on shares of Dun & Bradstreet in a report on Friday, November 1st. Finally, Barclays boosted their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th.

Hedge Funds Weigh In On Dun & Bradstreet

Several hedge funds have recently modified their holdings of DNB. Blue Trust Inc. lifted its holdings in shares of Dun & Bradstreet by 28.2% in the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock valued at $67,000 after buying an additional 1,284 shares during the period. KBC Group NV lifted its holdings in Dun & Bradstreet by 33.9% in the 3rd quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock valued at $114,000 after acquiring an additional 2,499 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of Dun & Bradstreet by 10.4% during the 2nd quarter. Victory Capital Management Inc. now owns 37,513 shares of the business services provider’s stock valued at $347,000 after purchasing an additional 3,533 shares in the last quarter. Canada Pension Plan Investment Board grew its stake in shares of Dun & Bradstreet by 85.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock worth $81,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Perpetual Ltd raised its holdings in shares of Dun & Bradstreet by 35.7% in the 3rd quarter. Perpetual Ltd now owns 16,871 shares of the business services provider’s stock worth $194,000 after purchasing an additional 4,439 shares in the last quarter. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Dun & Bradstreet Stock Performance

Shares of DNB stock opened at $12.46 on Friday. The company has a market cap of $5.50 billion, a P/E ratio of -155.75, a PEG ratio of 3.44 and a beta of 1.16. The business has a 50 day moving average of $12.14 and a two-hundred day moving average of $11.33. Dun & Bradstreet has a 52 week low of $8.77 and a 52 week high of $12.94. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.27. The business had revenue of $609.10 million during the quarter, compared to analyst estimates of $605.64 million. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.23 EPS. As a group, analysts anticipate that Dun & Bradstreet will post 0.88 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th were given a $0.05 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.20 dividend on an annualized basis and a yield of 1.61%. Dun & Bradstreet’s dividend payout ratio (DPR) is -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.