Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) saw unusually large options trading activity on Monday. Stock investors bought 5,825 call options on the company. This is an increase of 488% compared to the average volume of 991 call options.
Dun & Bradstreet Trading Down 0.1 %
Shares of NYSE DNB traded down $0.01 during trading on Friday, hitting $8.94. 2,919,567 shares of the company traded hands, compared to its average volume of 3,892,314. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $3.94 billion, a P/E ratio of -148.89, a P/E/G ratio of 2.21 and a beta of 1.19. The company has a 50-day moving average price of $10.03 and a 200-day moving average price of $11.22. Dun & Bradstreet has a 1 year low of $7.78 and a 1 year high of $12.95.
Dun & Bradstreet (NYSE:DNB - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 EPS 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 firm had revenue of $631.90 million for the quarter, compared to analyst estimates of $658.04 million. On average, equities analysts predict that Dun & Bradstreet will post 0.96 EPS for the current year.
Dun & Bradstreet Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend was Thursday, March 6th. Dun & Bradstreet's dividend payout ratio is presently -333.33%.
Analysts Set New Price Targets
A number of brokerages have recently commented on DNB. Huber Research raised Dun & Bradstreet to a "strong sell" rating in a research report on Monday. Jefferies Financial Group restated a "hold" rating and set a $9.15 price target (down previously from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday. The Goldman Sachs Group reduced their target price on shares of 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 restated a "hold" rating and issued a $14.00 price target on shares of Dun & Bradstreet in a report on Monday. Finally, Royal Bank of Canada reiterated a "sector perform" rating and set a $12.00 target price on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating and seven have given a hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $11.86.
Read Our Latest Stock Report on DNB
Insiders Place Their Bets
In related news, Chairman William P. Foley II sold 2,500,000 shares of the firm's stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $8.99, for a total transaction of $22,475,000.00. Following the completion of the transaction, the chairman now directly owns 8,109,644 shares in the company, valued at $72,905,699.56. This trade represents a 23.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 10.44% of the stock is owned by insiders.
Institutional Trading of Dun & Bradstreet
Several large investors have recently added to or reduced their stakes in DNB. Azora Capital LP grew its position in 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 acquiring an additional 4,346,033 shares in the last quarter. Norges Bank purchased a new stake in Dun & Bradstreet during the 4th quarter worth $42,016,000. Raymond James Financial Inc. acquired a new position in Dun & Bradstreet in the 4th quarter worth $26,817,000. FMR LLC boosted its position in Dun & Bradstreet by 17.8% in the 3rd quarter. FMR LLC now owns 11,465,075 shares of the business services provider's stock valued at $131,963,000 after buying an additional 1,733,220 shares during the last quarter. Finally, Contour Asset Management LLC purchased a new stake in shares of Dun & Bradstreet during the fourth quarter worth about $17,018,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.
About Dun & Bradstreet
(
Get Free Report)
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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