Dun & Bradstreet (NYSE:DNB) Sees Large Volume Increase – Should You Buy?

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) saw unusually-strong trading volume on Tuesday . Approximately 1,997,857 shares changed hands during trading, a decline of 26% from the previous session’s volume of 2,681,719 shares.The stock last traded at $11.04 and had previously closed at $11.21.

Analyst Ratings Changes

DNB has been the topic of several recent research reports. StockNews.com raised Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Needham & Company LLC reiterated a “buy” rating and set a $17.00 price target on shares of Dun & Bradstreet in a research note on Friday, November 1st. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $13.13.

Dun & Bradstreet Stock Performance

The stock has a fifty day simple moving average of $12.29 and a 200-day simple moving average of $11.54. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $4.89 billion, a P/E ratio of -138.50, a PEG ratio of 3.11 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The firm had revenue of $609.10 million for the quarter, compared to analysts’ expectations of $605.64 million. During the same period in the prior year, the firm earned $0.23 earnings per share. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. Equities analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.89 EPS for the current year.

Dun & Bradstreet Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.81%. The ex-dividend date of this dividend was Thursday, December 5th. Dun & Bradstreet’s payout ratio is presently -250.00%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DNB. Victory Capital Management Inc. boosted its stake in Dun & Bradstreet by 10.4% in the second quarter. Victory Capital Management Inc. now owns 37,513 shares of the business services provider’s stock valued at $347,000 after acquiring an additional 3,533 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in shares of Dun & Bradstreet during the second quarter worth $120,000. Envestnet Asset Management Inc. lifted its stake in Dun & Bradstreet by 3.9% in the second quarter. Envestnet Asset Management Inc. now owns 430,137 shares of the business services provider’s stock valued at $3,983,000 after buying an additional 15,970 shares during the period. Kestrel Investment Management Corp bought a new position in Dun & Bradstreet during the second quarter worth about $4,491,000. Finally, Massachusetts Financial Services Co. MA grew its position in shares of Dun & Bradstreet by 13.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 53,353,508 shares of the business services provider’s stock worth $494,053,000 after buying an additional 6,375,371 shares during the period. Institutional investors and hedge funds own 86.68% of the company’s stock.

About Dun & Bradstreet

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.