Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $8.77 and last traded at $8.80, with a volume of 545756 shares. The stock had previously closed at $9.00.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on DNB shares. The Goldman Sachs Group decreased their price target on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating for the company in a research note on Friday, February 21st. Needham & Company LLC decreased their price target on Dun & Bradstreet from $17.00 to $14.00 and set a "buy" rating for the company in a research note on Friday, February 21st. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and set a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, Dun & Bradstreet has an average rating of "Hold" and a consensus target price of $12.50.
View Our Latest Report on DNB
Dun & Bradstreet Price Performance
The business has a 50-day moving average price of $10.97 and a 200 day moving average price of $11.56. The company has a market cap of $3.89 billion, a price-to-earnings ratio of -146.78, a P/E/G ratio of 2.21 and a beta of 1.19. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06.
Dun & Bradstreet (NYSE:DNB - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.32 by ($0.05). Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The company had revenue of $631.90 million for the quarter, compared to analyst estimates of $658.04 million. As a group, research analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.
Dun & Bradstreet Announces Dividend
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 given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.27%. Dun & Bradstreet's dividend payout ratio (DPR) is presently -333.33%.
Institutional Investors Weigh In On Dun & Bradstreet
A number of institutional investors and hedge funds have recently modified their holdings of DNB. Amundi lifted its holdings in shares of Dun & Bradstreet by 27.9% in the fourth quarter. Amundi now owns 5,158 shares of the business services provider's stock valued at $64,000 after purchasing an additional 1,126 shares in the last quarter. Neo Ivy Capital Management purchased a new stake in shares of Dun & Bradstreet in the fourth quarter valued at $96,000. KBC Group NV lifted its holdings in shares of Dun & Bradstreet by 33.9% in the third quarter. KBC Group NV now owns 9,878 shares of the business services provider's stock valued at $114,000 after purchasing an additional 2,499 shares in the last quarter. Paloma Partners Management Co purchased a new stake in shares of Dun & Bradstreet in the third quarter valued at $117,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Dun & Bradstreet in the third quarter valued at $120,000. Institutional investors and hedge funds own 86.68% of the company's stock.
Dun & Bradstreet Company Profile
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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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