Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives Average Rating of "Hold" from Analysts

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) have earned an average rating of "Hold" from the six ratings firms that are presently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $11.86.

A number of brokerages have recently issued reports on DNB. Jefferies Financial Group reaffirmed a "hold" rating and issued a $9.15 price objective (down previously from $11.00) on shares of Dun & Bradstreet in a research report on Tuesday, March 25th. The Goldman Sachs Group reduced their price target on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a research report on Friday, February 21st. Wall Street Zen assumed coverage on Dun & Bradstreet in a research note on Wednesday, May 21st. They set a "hold" rating on the stock. Royal Bank of Canada reiterated a "sector perform" rating and issued a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Finally, Needham & Company LLC reissued a "hold" rating on shares of Dun & Bradstreet in a report on Friday, May 2nd.

Insider Transactions at Dun & Bradstreet

In other news, Director Chinh Chu sold 10,885,403 shares of Dun & Bradstreet stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $8.95, for a total transaction of $97,424,356.85. Following the sale, the director now owns 23,810 shares in the company, valued at $213,099.50. This trade represents a 99.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman William P. Foley II sold 2,500,000 shares of the firm's stock in a transaction that occurred on 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 sale, the chairman now directly owns 8,109,644 shares of the company's stock, valued at $72,905,699.56. The trade was a 23.56% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,885,403 shares of company stock worth $142,299,357 over the last ninety days. 10.44% of the stock is currently owned by company insiders.

Institutional Trading of Dun & Bradstreet

A number of institutional investors have recently made changes to their positions in the stock. Polar Asset Management Partners Inc. purchased a new position in Dun & Bradstreet in the first quarter valued at about $35,760,000. Norges Bank acquired a new position in Dun & Bradstreet in the fourth quarter valued at approximately $42,016,000. Woodline Partners LP bought a new position in Dun & Bradstreet in the first quarter valued at approximately $24,291,000. Beryl Capital Management LLC acquired a new position in shares of Dun & Bradstreet in the first quarter valued at approximately $22,551,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Dun & Bradstreet during the fourth quarter worth $26,817,000. 86.68% of the stock is owned by institutional investors and hedge funds.

Dun & Bradstreet Price Performance

NYSE:DNB traded up $0.02 on Wednesday, reaching $9.02. 3,019,140 shares of the company's stock traded hands, compared to its average volume of 6,086,981. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 1.06. Dun & Bradstreet has a 12 month low of $7.78 and a 12 month high of $12.95. The stock has a 50-day simple moving average of $8.89 and a 200-day simple moving average of $10.41. The firm has a market cap of $4.02 billion, a PE ratio of -150.22, a P/E/G ratio of 2.21 and a beta of 1.14.

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

About Dun & Bradstreet

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.