Short Interest in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Increases By 7.4%

Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 27,970,000 shares, an increase of 7.4% from the October 15th total of 26,050,000 shares. Approximately 9.7% of the company's stock are sold short. Based on an average daily volume of 2,660,000 shares, the short-interest ratio is currently 10.5 days.

Dun & Bradstreet Price Performance

NYSE DNB traded down $0.11 during trading on Tuesday, hitting $11.97. 1,544,528 shares of the stock traded hands, compared to its average volume of 3,407,244. The company has a market capitalization of $5.29 billion, a P/E ratio of -149.63, a price-to-earnings-growth ratio of 3.37 and a beta of 1.15. The firm has a 50-day simple moving average of $11.55 and a 200-day simple moving average of $10.82. 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 has a 12-month low of $8.77 and a 12-month high of $12.75.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last announced its earnings results on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, hitting analysts' consensus estimates of $0.27. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The firm had revenue of $609.10 million during the quarter, compared to analysts' expectations of $605.64 million. During the same quarter in the previous year, the business earned $0.23 EPS. The company's quarterly revenue was up 3.5% on a year-over-year basis. As a group, analysts predict that Dun & Bradstreet will post 0.88 EPS for the current year.

Dun & Bradstreet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend is Thursday, December 5th. Dun & Bradstreet's dividend payout ratio (DPR) is presently -250.00%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DNB. Geode Capital Management LLC boosted its stake in shares of Dun & Bradstreet by 15.8% in the third quarter. Geode Capital Management LLC now owns 4,677,399 shares of the business services provider's stock worth $53,853,000 after buying an additional 639,419 shares during the last quarter. Barclays PLC raised its holdings in shares of Dun & Bradstreet by 144.9% during the third quarter. Barclays PLC now owns 1,192,700 shares of the business services provider's stock valued at $13,728,000 after acquiring an additional 705,707 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of Dun & Bradstreet during the third quarter valued at approximately $120,000. MML Investors Services LLC grew its position in shares of Dun & Bradstreet by 62.2% in the third quarter. MML Investors Services LLC now owns 27,795 shares of the business services provider's stock valued at $320,000 after purchasing an additional 10,658 shares in the last quarter. Finally, State Street Corp grew its position in shares of Dun & Bradstreet by 9.8% in the third quarter. State Street Corp now owns 5,227,336 shares of the business services provider's stock valued at $60,167,000 after purchasing an additional 468,027 shares in the last quarter. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on DNB shares. Royal Bank of Canada reduced their price target on Dun & Bradstreet from $15.00 to $12.00 and set a "sector perform" rating on the stock in a research note on Friday, August 2nd. Needham & Company LLC reaffirmed a "buy" rating and set a $17.00 price objective on shares of Dun & Bradstreet in a research report on Friday, November 1st. StockNews.com raised Dun & Bradstreet from a "sell" rating to a "hold" rating in a research report on Wednesday, October 2nd. Barclays increased their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the company an "equal weight" rating in a research report on Friday, September 13th. Finally, 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 research report on Monday, August 5th. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Dun & Bradstreet currently has an average rating of "Moderate Buy" and an average price target of $13.83.

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.