Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives Average Recommendation of "Hold" from Brokerages

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) have received a consensus recommendation of "Hold" from the six analysts that are currently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $11.86.

DNB has been the subject of a number of research analyst reports. Needham & Company LLC reaffirmed a "hold" rating and set a $14.00 target price on shares of Dun & Bradstreet in a research report on Monday, March 24th. Royal Bank of Canada restated a "sector perform" rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a report on Wednesday, January 29th. The Goldman Sachs Group dropped their target price 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. Jefferies Financial Group reissued a "hold" rating and set a $9.15 target price (down previously from $11.00) on shares of Dun & Bradstreet in a research report on Tuesday, March 25th. Finally, StockNews.com began coverage on shares of Dun & Bradstreet in a research report on Friday. They issued a "hold" rating for the company.

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Dun & Bradstreet Trading Up 0.5 %

DNB stock traded up $0.04 during trading on Tuesday, hitting $8.62. The company had a trading volume of 21,053,775 shares, compared to its average volume of 4,903,262. Dun & Bradstreet has a 52-week low of $7.78 and a 52-week high of $12.95. The company has a 50 day simple moving average of $9.24 and a 200-day simple moving average of $10.97. The firm has a market capitalization of $3.85 billion, a P/E ratio of -143.63, a PEG ratio of 2.21 and a beta of 1.14. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 1.06.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last issued its earnings results on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.32 by ($0.05). The company had revenue of $631.90 million for the quarter, compared to analysts' expectations of $658.04 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. As a group, research analysts forecast that Dun & Bradstreet will post 0.96 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.32%. The ex-dividend date of this dividend was Thursday, March 6th. Dun & Bradstreet's payout ratio is -333.33%.

Insider Activity

In related news, Chairman William P. Foley II sold 2,500,000 shares of the stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $8.99, for a total transaction of $22,475,000.00. Following the completion of the sale, the chairman now owns 8,109,644 shares of the company's stock, valued at $72,905,699.56. This represents a 23.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 10.44% of the company's stock.

Hedge Funds Weigh In On Dun & Bradstreet

A number of large investors have recently made changes to their positions in the business. Amundi boosted its position in shares of Dun & Bradstreet by 27.9% in the 4th quarter. Amundi now owns 5,158 shares of the business services provider's stock worth $64,000 after purchasing an additional 1,126 shares in the last quarter. Neo Ivy Capital Management acquired a new stake in Dun & Bradstreet in the fourth quarter worth about $96,000. Vest Financial LLC purchased a new stake in shares of Dun & Bradstreet during the first quarter worth about $106,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Dun & Bradstreet during the third quarter worth about $120,000. Finally, Empowered Funds LLC acquired a new position in shares of Dun & Bradstreet during the fourth quarter valued at about $127,000. 86.68% of the stock is owned by institutional investors and hedge funds.

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.