Short Interest in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Drops By 28.9%

Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 16,790,000 shares, a drop of 28.9% from the January 31st total of 23,620,000 shares. Currently, 5.4% of the shares of the stock are short sold. Based on an average trading volume of 3,180,000 shares, the days-to-cover ratio is currently 5.3 days.

Analysts Set New Price Targets

Several analysts have issued reports on DNB shares. Needham & Company LLC reduced their price target on shares of Dun & Bradstreet from $17.00 to $14.00 and set a "buy" rating on the stock in a report on Friday, February 21st. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $12.00 target price on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Finally, The Goldman Sachs Group dropped their price target on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating for the company in a research report on Friday, February 21st. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $12.50.

Dun & Bradstreet Trading Down 1.4 %

NYSE DNB traded down $0.13 during mid-day trading on Thursday, reaching $8.55. 4,446,788 shares of the stock were exchanged, compared to its average volume of 4,101,707. The stock has a market capitalization of $3.77 billion, a PE ratio of -142.39, a PEG ratio of 2.21 and a beta of 1.19. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65. Dun & Bradstreet has a 1-year low of $8.44 and a 1-year high of $12.94. The business's fifty day simple moving average is $11.04 and its 200 day simple moving average is $11.58.

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

Dun & Bradstreet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be issued a dividend of $0.05 per share. The ex-dividend date is Thursday, March 6th. This represents a $0.20 annualized dividend and a dividend yield of 2.34%. Dun & Bradstreet's payout ratio is currently -333.33%.

Institutional Investors Weigh In On Dun & Bradstreet

Several hedge funds have recently modified their holdings of the stock. Massachusetts Financial Services Co. MA raised its stake in Dun & Bradstreet by 2.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider's stock worth $719,863,000 after purchasing an additional 1,275,959 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Dun & Bradstreet by 8.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider's stock worth $219,566,000 after buying an additional 1,350,263 shares during the last quarter. FMR LLC raised its position in shares of Dun & Bradstreet by 9.7% in the 4th quarter. FMR LLC now owns 12,575,015 shares of the business services provider's stock worth $156,685,000 after buying an additional 1,109,940 shares during the period. Azora Capital LP raised its position in shares of Dun & Bradstreet by 15.6% in the 4th quarter. Azora Capital LP now owns 9,213,826 shares of the business services provider's stock worth $114,804,000 after buying an additional 1,240,472 shares during the period. Finally, Crescent Grove Advisors LLC boosted its holdings in Dun & Bradstreet by 2.2% in the third quarter. Crescent Grove Advisors LLC now owns 6,176,103 shares of the business services provider's stock valued at $71,087,000 after acquiring an additional 130,888 shares during the last quarter. 86.68% of the stock is owned by institutional investors and hedge funds.

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.