Dun & Bradstreet (NYSE:DNB) Sees Strong Trading Volume - Here's What Happened

Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) shares saw an uptick in trading volume on Monday . 6,191,784 shares traded hands during trading, an increase of 82% from the previous session's volume of 3,405,071 shares.The stock last traded at $12.02 and had previously closed at $11.91.

Analysts Set New Price Targets

A number of research firms recently commented on DNB. Needham & Company LLC reiterated a "buy" rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research note on Friday. Royal Bank of Canada lowered their price objective on shares of Dun & Bradstreet from $15.00 to $12.00 and set a "sector perform" rating for the company in a research note on Friday, August 2nd. JPMorgan Chase & Co. raised their target price on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a "neutral" rating in a research note on Monday, August 5th. The Goldman Sachs Group lifted their price target on Dun & Bradstreet from $10.40 to $11.80 and gave the stock a "neutral" rating in a research report on Monday, August 5th. Finally, StockNews.com raised Dun & Bradstreet from a "sell" rating to a "hold" rating in a report on Wednesday, October 2nd. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Dun & Bradstreet presently has an average rating of "Moderate Buy" and an average target price of $13.83.

Dun & Bradstreet Price Performance

The firm has a market cap of $5.30 billion, a PE ratio of -150.00, a price-to-earnings-growth ratio of 2.76 and a beta of 1.15. The stock has a 50 day simple moving average of $11.47 and a two-hundred day simple moving average of $10.61. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.71 and a current ratio of 0.70.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last announced its quarterly 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. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The company had revenue of $609.10 million during the quarter, compared to analysts' expectations of $605.64 million. During the same period last year, the business earned $0.23 earnings per share. Dun & Bradstreet's quarterly revenue was up 3.5% on a year-over-year basis. Sell-side analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.89 earnings per share for the current year.

Dun & Bradstreet Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date is Thursday, December 5th. Dun & Bradstreet's dividend payout ratio (DPR) is presently -250.00%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DNB. Blue Trust Inc. increased its position in shares of Dun & Bradstreet by 28.2% in the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider's stock valued at $67,000 after buying an additional 1,284 shares in the last quarter. OLD National Bancorp IN raised its position in Dun & Bradstreet by 6.9% during the second quarter. OLD National Bancorp IN now owns 19,931 shares of the business services provider's stock worth $185,000 after acquiring an additional 1,286 shares during the period. Envestnet Portfolio Solutions Inc. lifted its holdings in Dun & Bradstreet by 12.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider's stock valued at $127,000 after purchasing an additional 1,533 shares in the last quarter. Tidal Investments LLC grew its position in shares of Dun & Bradstreet by 10.2% in the first quarter. Tidal Investments LLC now owns 30,924 shares of the business services provider's stock valued at $310,000 after purchasing an additional 2,856 shares during the period. Finally, Victory Capital Management Inc. increased its stake in shares of Dun & Bradstreet by 10.4% during the second quarter. Victory Capital Management Inc. now owns 37,513 shares of the business services provider's stock worth $347,000 after purchasing an additional 3,533 shares in the last quarter. Hedge funds and other institutional investors own 86.68% of the company's stock.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.