Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Given Consensus Rating of “Moderate Buy” by Brokerages

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has received a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $13.73.

Several equities research analysts have recently commented on DNB shares. StockNews.com downgraded Dun & Bradstreet from a “hold” rating to a “sell” rating in a report on Monday, August 5th. Needham & Company LLC reissued a “buy” rating and issued a $17.00 price objective on shares of Dun & Bradstreet in a report on Monday, August 5th. The Goldman Sachs Group increased their price objective on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a report on Monday, August 5th. Royal Bank of Canada cut their price target on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a report on Friday, August 2nd. Finally, JPMorgan Chase & Co. raised their price target on Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Monday, August 5th.

Institutional Investors Weigh In On Dun & Bradstreet

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Russell Investments Group Ltd. lifted its holdings in shares of Dun & Bradstreet by 0.3% during the fourth quarter. Russell Investments Group Ltd. now owns 299,666 shares of the business services provider’s stock worth $3,506,000 after buying an additional 908 shares in the last quarter. Treasurer of the State of North Carolina lifted its holdings in shares of Dun & Bradstreet by 1.0% during the fourth quarter. Treasurer of the State of North Carolina now owns 120,806 shares of the business services provider’s stock worth $1,413,000 after buying an additional 1,180 shares in the last quarter. OLD National Bancorp IN lifted its holdings in shares of Dun & Bradstreet by 6.9% during the second quarter. OLD National Bancorp IN now owns 19,931 shares of the business services provider’s stock worth $185,000 after buying an additional 1,286 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Dun & Bradstreet by 12.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider’s stock worth $127,000 after buying an additional 1,533 shares in the last quarter. Finally, Signaturefd LLC lifted its holdings in shares of Dun & Bradstreet by 100.7% during 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 in the last quarter. Institutional investors and hedge funds own 86.68% of the company’s stock.

Dun & Bradstreet Price Performance

Shares of DNB opened at $12.00 on Monday. The stock has a market capitalization of $5.31 billion, a P/E ratio of -150.00, a P/E/G ratio of 1.89 and a beta of 1.15. The company has a quick ratio of 0.62, a current ratio of 0.71 and a debt-to-equity ratio of 1.08. Dun & Bradstreet has a twelve month low of $8.68 and a twelve month high of $12.75. The company has a 50 day moving average of $10.70 and a 200-day moving average of $10.17.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. The company had revenue of $576.20 million during the quarter, compared to the consensus estimate of $580.77 million. Dun & Bradstreet had a positive return on equity of 11.35% and a negative net margin of 1.42%. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.17 EPS. As a group, equities research analysts forecast that Dun & Bradstreet will post 0.89 EPS for the current fiscal year.

Dun & Bradstreet Dividend Announcement

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