Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Sees Significant Decline in Short Interest

Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) was the recipient of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 23,620,000 shares, a decrease of 6.4% from the January 15th total of 25,240,000 shares. Based on an average trading volume of 2,750,000 shares, the days-to-cover ratio is currently 8.6 days. Approximately 8.0% of the company's shares are sold short.

Dun & Bradstreet Trading Up 0.1 %

Shares of DNB traded up $0.01 during mid-day trading on Friday, reaching $9.45. The company's stock had a trading volume of 5,714,988 shares, compared to its average volume of 3,971,540. The company's fifty day moving average price is $11.68 and its two-hundred day moving average price is $11.77. Dun & Bradstreet has a 52 week low of $8.77 and a 52 week high of $12.94. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The stock has a market cap of $4.17 billion, a PE ratio of -118.06, a P/E/G ratio of 2.47 and a beta of 1.14.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last released its earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by ($0.05). Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The business had revenue of $631.90 million during the quarter, compared to analysts' expectations of $658.04 million. On average, analysts predict that Dun & Bradstreet will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 2.12%. The ex-dividend date is Thursday, March 6th. Dun & Bradstreet's dividend payout ratio is currently -250.00%.

Hedge Funds Weigh In On Dun & Bradstreet

Several institutional investors have recently made changes to their positions in the business. State Street Corp increased its holdings in Dun & Bradstreet by 9.8% in the 3rd quarter. State Street Corp now owns 5,227,336 shares of the business services provider's stock worth $60,167,000 after acquiring an additional 468,027 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Dun & Bradstreet by 23.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,976,053 shares of the business services provider's stock worth $45,764,000 after buying an additional 760,956 shares during the last quarter. Park Avenue Securities LLC lifted its position in shares of Dun & Bradstreet by 15.5% during the fourth quarter. Park Avenue Securities LLC now owns 60,548 shares of the business services provider's stock worth $754,000 after purchasing an additional 8,103 shares during the last quarter. Barclays PLC lifted its position 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 worth $13,728,000 after purchasing an additional 705,707 shares during the last quarter. Finally, MML Investors Services LLC raised its holdings 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 acquiring an additional 10,658 shares in the last quarter. Institutional investors own 86.68% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on DNB. Royal Bank of Canada reiterated 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 dropped their price objective on shares of Dun & Bradstreet from $17.00 to $14.00 and set a "buy" rating on the stock in a research note on Friday. Finally, The Goldman Sachs Group dropped their price target on shares of Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a research report on Friday. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $12.50.

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.