Dun & Bradstreet (NYSE:DNB) Trading Down 6.7% - What's Next?

Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report)'s share price traded down 6.7% on Friday . The stock traded as low as $11.27 and last traded at $11.32. 1,003,082 shares were traded during mid-day trading, a decline of 71% from the average session volume of 3,422,335 shares. The stock had previously closed at $12.13.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on DNB shares. Needham & Company LLC reissued a "buy" rating and issued a $17.00 price objective on shares of Dun & Bradstreet in a report on Friday, November 1st. Royal Bank of Canada reissued a "sector perform" rating and set a $12.00 price target on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $13.13.

Dun & Bradstreet Stock Performance

The stock has a market cap of $4.85 billion, a P/E ratio of -137.06, a PEG ratio of 2.84 and a beta of 1.14. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70. The stock has a 50-day simple moving average of $11.99 and a 200-day simple moving average of $11.81.

Dun & Bradstreet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend is Thursday, March 6th. Dun & Bradstreet's dividend payout ratio is currently -250.00%.

Hedge Funds Weigh In On Dun & Bradstreet

A number of hedge funds have recently bought and sold shares of DNB. LPL Financial LLC increased its holdings in Dun & Bradstreet by 67.0% in the fourth quarter. LPL Financial LLC now owns 45,635 shares of the business services provider's stock worth $569,000 after purchasing an additional 18,316 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of Dun & Bradstreet during the 4th quarter valued at $716,000. AXQ Capital LP bought a new position in Dun & Bradstreet during the fourth quarter worth $391,000. Sei Investments Co. grew its holdings in Dun & Bradstreet by 11.0% in the fourth quarter. Sei Investments Co. now owns 1,042,236 shares of the business services provider's stock worth $12,986,000 after purchasing an additional 103,088 shares during the period. Finally, Xponance Inc. increased its stake in Dun & Bradstreet by 16.5% in the fourth quarter. Xponance Inc. now owns 13,252 shares of the business services provider's stock valued at $165,000 after purchasing an additional 1,881 shares in the last quarter. Institutional investors own 86.68% of the company's stock.

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.