Dun & Bradstreet (NYSE:DNB) Sees Unusually-High Trading Volume - Here's Why

Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) saw an uptick in trading volume on Tuesday . 1,997,857 shares traded 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

A number of brokerages recently issued reports on DNB. Needham & Company LLC reiterated a "buy" rating and set a $17.00 price objective on shares of Dun & Bradstreet in a research note on Friday, November 1st. StockNews.com raised shares of Dun & Bradstreet from a "sell" rating to a "hold" rating in a research note on Wednesday, October 2nd. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $13.13.

Dun & Bradstreet Stock Down 1.1 %

The firm has a market capitalization of $4.90 billion, a P/E ratio of -138.63, a P/E/G ratio of 3.11 and a beta of 1.15. 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 company has a 50 day simple moving average of $12.27 and a two-hundred day simple moving average of $11.55.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $609.10 million during the quarter, compared to analysts' expectations of $605.64 million. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. Dun & Bradstreet's quarterly revenue was up 3.5% on a year-over-year basis. During the same period last year, the company posted $0.23 earnings per share. On average, equities analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.89 EPS for the current fiscal year.

Dun & Bradstreet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 5th were given a $0.05 dividend. The ex-dividend date was Thursday, December 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.80%. Dun & Bradstreet's dividend payout ratio is currently -250.00%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Blue Trust Inc. lifted its stake in shares of Dun & Bradstreet by 28.2% in the 3rd quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider's stock valued at $67,000 after purchasing an additional 1,284 shares during the last quarter. KBC Group NV lifted its position in Dun & Bradstreet by 33.9% in the third quarter. KBC Group NV now owns 9,878 shares of the business services provider's stock worth $114,000 after buying an additional 2,499 shares during the last quarter. Victory Capital Management Inc. lifted its position 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 worth $347,000 after buying an additional 3,533 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in Dun & Bradstreet by 85.1% during the second quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider's stock worth $81,000 after buying an additional 4,000 shares during the period. Finally, Perpetual Ltd increased its position in Dun & Bradstreet by 35.7% during the third quarter. Perpetual Ltd now owns 16,871 shares of the business services provider's stock valued at $194,000 after acquiring an additional 4,439 shares during the last quarter. 86.68% of the stock is owned by hedge funds and other institutional investors.

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.