Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 18,277,137 shares were traded during mid-day trading, an increase of 437% from the previous session's volume of 3,405,545 shares.The stock last traded at $9.00 and had previously closed at $8.73.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on DNB shares. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $12.00 target price on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Needham & Company LLC reaffirmed a "hold" rating and issued a $14.00 price objective on shares of Dun & Bradstreet in a report on Monday. Jefferies Financial Group restated a "hold" rating and set a $9.15 target price (down from $11.00) on shares of Dun & Bradstreet in a research report on Tuesday. The Goldman Sachs Group cut their price target on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a research report on Friday, February 21st. Finally, Huber Research raised Dun & Bradstreet to a "strong sell" rating in a report on Monday. One investment analyst has rated the stock with a sell rating and seven have given a hold rating to the stock. According to MarketBeat.com, Dun & Bradstreet presently has an average rating of "Hold" and a consensus price target of $11.86.
View Our Latest Stock Analysis on DNB
Dun & Bradstreet Stock Performance
The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65. The firm has a market capitalization of $3.94 billion, a PE ratio of -148.89, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. The firm's 50 day moving average price is $10.03 and its 200-day moving average price is $11.22.
Dun & Bradstreet (NYSE:DNB - Get Free Report) last announced its earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.05). Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The business had revenue of $631.90 million for the quarter, compared to analyst estimates of $658.04 million. On average, research analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current year.
Dun & Bradstreet Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.24%. Dun & Bradstreet's dividend payout ratio is currently -333.33%.
Insider Buying and Selling
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 stock was sold at an average price of $8.99, for a total value 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 approximately $72,905,699.56. This trade represents a 23.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 10.44% of the company's stock.
Institutional Trading of Dun & Bradstreet
Several large investors have recently added to or reduced their stakes in the stock. Azora Capital LP grew its holdings in shares of Dun & Bradstreet by 119.8% in the third quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider's stock valued at $91,773,000 after purchasing an additional 4,346,033 shares during the period. Norges Bank purchased a new stake in Dun & Bradstreet in the fourth quarter valued at $42,016,000. Raymond James Financial Inc. acquired a new stake in shares of Dun & Bradstreet during the 4th quarter worth about $26,817,000. FMR LLC increased its position in shares of Dun & Bradstreet by 17.8% during the 3rd quarter. FMR LLC now owns 11,465,075 shares of the business services provider's stock worth $131,963,000 after purchasing an additional 1,733,220 shares during the last quarter. Finally, Contour Asset Management LLC purchased a new stake in Dun & Bradstreet in the 4th quarter valued at about $17,018,000. 86.68% of the stock is currently owned by hedge funds and other institutional investors.
About Dun & Bradstreet
(
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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.
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