Dun & Bradstreet (NYSE:DNB) Sees Large Volume Increase – Still a Buy?

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) saw strong trading volume on Monday . 18,277,137 shares traded hands during mid-day trading, an increase of 437% from the previous session’s volume of 3,405,545 shares.The stock last traded at $9.00 and had previously closed at $8.73.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Needham & Company LLC reissued a “hold” rating and set a $14.00 price target on shares of Dun & Bradstreet in a research report on Monday. The Goldman Sachs Group cut their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a report on Friday, February 21st. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $9.15 target price (down from $11.00) on shares of Dun & Bradstreet in a report on Tuesday. Seven equities research analysts have rated the stock with a hold rating, According to MarketBeat, Dun & Bradstreet currently has a consensus rating of “Hold” and an average price target of $11.86.

Dun & Bradstreet Trading Down 0.3 %

The firm’s 50 day moving average price is $10.13 and its 200-day moving average price is $11.25. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70. The stock has a market cap of $3.96 billion, a P/E ratio of -149.31, a P/E/G ratio of 2.21 and a beta of 1.19.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.05). The business had revenue of $631.90 million during the quarter, compared to the consensus estimate of $658.04 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. As a group, equities research analysts forecast that Dun & Bradstreet Holdings, Inc. 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. Investors of record on Thursday, March 6th were issued a $0.05 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.20 annualized dividend and a yield of 2.23%. Dun & Bradstreet’s payout ratio is -333.33%.

Institutional Trading of Dun & Bradstreet

A number of institutional investors have recently made changes to their positions in DNB. Massachusetts Financial Services Co. MA raised its holdings in shares of Dun & Bradstreet by 2.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider’s stock valued at $719,863,000 after purchasing an additional 1,275,959 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Dun & Bradstreet by 8.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider’s stock worth $219,566,000 after purchasing an additional 1,350,263 shares during the period. FMR LLC raised its stake in Dun & Bradstreet by 9.7% during the 4th quarter. FMR LLC now owns 12,575,015 shares of the business services provider’s stock valued at $156,685,000 after buying an additional 1,109,940 shares during the last quarter. Azora Capital LP raised its stake in Dun & Bradstreet by 15.6% during the 4th quarter. Azora Capital LP now owns 9,213,826 shares of the business services provider’s stock valued at $114,804,000 after buying an additional 1,240,472 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Dun & Bradstreet by 9.8% during the 3rd quarter. State Street Corp now owns 5,227,336 shares of the business services provider’s stock valued at $60,167,000 after buying an additional 468,027 shares during the period. Hedge funds and other institutional investors own 86.68% of the company’s stock.

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.