Analysts Set Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Price Target at $11.86

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) have been assigned an average recommendation of "Hold" from the six brokerages that are presently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold rating. The average 1 year price objective among brokers that have covered the stock in the last year is $11.86.

Several research analysts have recently weighed in on the company. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. StockNews.com began coverage on Dun & Bradstreet in a report on Monday. They set a "hold" rating on the stock. Needham & Company LLC reaffirmed a "hold" rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Jefferies Financial Group reaffirmed a "hold" rating and set a $9.15 target price (down previously from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. Finally, The Goldman Sachs Group lowered their target price on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a research note on Friday, February 21st.

Insider Activity at Dun & Bradstreet

In related news, Chairman William P. Foley II sold 2,500,000 shares of the business's stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $8.96, for a total value of $22,400,000.00. Following the sale, the chairman now owns 5,609,644 shares of the company's stock, valued at $50,262,410.24. The trade was a 30.83 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 10.44% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Dun & Bradstreet

Hedge funds have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of Dun & Bradstreet in the 4th quarter valued at $42,016,000. Raymond James Financial Inc. acquired a new position in Dun & Bradstreet during the 4th quarter worth approximately $26,817,000. Contour Asset Management LLC bought a new stake in Dun & Bradstreet during the 4th quarter valued at $17,018,000. Dimensional Fund Advisors LP raised its holdings in shares of Dun & Bradstreet by 8.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider's stock worth $219,566,000 after acquiring an additional 1,350,263 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in Dun & Bradstreet by 2.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider's stock valued at $719,863,000 after acquiring an additional 1,275,959 shares in the last quarter. 86.68% of the stock is currently owned by institutional investors.

Dun & Bradstreet Trading Up 0.1 %

Shares of DNB traded up $0.01 during trading hours on Friday, hitting $8.97. 214,388 shares of the stock traded hands, compared to its average volume of 10,958,495. Dun & Bradstreet has a 1-year low of $7.78 and a 1-year high of $12.94. The business has a fifty day moving average of $8.73 and a 200-day moving average of $10.67. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $4.00 billion, a PE ratio of -149.48, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The business services provider reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.01. The business had revenue of $579.80 million for the quarter, compared to analyst estimates of $578.02 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The firm's revenue was up 2.7% on a year-over-year basis. During the same period last year, the company earned $0.20 EPS. Analysts expect that Dun & Bradstreet will post 0.96 EPS for the current year.

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.