Brokerages Set Dun & Bradstreet Holdings, Inc. (NYSE:DNB) PT at $11.86

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) have been given an average recommendation of "Hold" by the seven ratings firms that are currently covering the company, Marketbeat reports. Seven analysts have rated the stock with a hold rating. The average 12 month target price among analysts that have issued a report on the stock in the last year is $11.86.

Several equities analysts recently issued reports on DNB shares. Raymond James Financial lowered shares of Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a report on Friday, June 13th. 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 research report on Tuesday, March 25th. Wall Street Zen assumed coverage on Dun & Bradstreet in a research report on Wednesday, May 21st. They issued a "hold" rating for the company. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd.

Dun & Bradstreet Price Performance

Shares of DNB stock remained flat at $9.08 during mid-day trading on Friday. The company's stock had a trading volume of 1,835,822 shares, compared to its average volume of 6,306,506. Dun & Bradstreet has a twelve month low of $7.78 and a twelve month high of $12.95. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 1.06. The stock has a 50-day moving average of $8.99 and a 200-day moving average of $9.94. The firm has a market capitalization of $4.05 billion, a price-to-earnings ratio of -181.60 and a beta of 1.12.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The business services provider reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.01. The company had revenue of $579.80 million during the quarter, compared to analyst estimates of $578.02 million. Dun & Bradstreet had a negative net margin of 0.88% and a positive return on equity of 11.51%. The firm's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 earnings per share. Analysts expect that Dun & Bradstreet will post 0.96 EPS for the current year.

Insider Activity

In related news, Chairman William P. Foley II sold 2,500,000 shares of the company's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $8.96, for a total transaction of $22,400,000.00. Following the transaction, the chairman now directly owns 5,609,644 shares of the company's stock, valued at $50,262,410.24. This represents a 30.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Chinh Chu sold 10,885,403 shares of the firm's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $8.95, for a total value of $97,424,356.85. Following the completion of the sale, the director now directly owns 23,810 shares of the company's stock, valued at approximately $213,099.50. This represents a 99.78% decrease in their position. The disclosure for this sale can be found here. Company insiders own 10.44% of the company's stock.

Institutional Trading of Dun & Bradstreet

Large investors have recently bought and sold shares of the stock. Empowered Funds LLC acquired a new stake in shares of Dun & Bradstreet during the fourth quarter worth $127,000. Rhumbline Advisers increased its position in shares of Dun & Bradstreet by 2.0% in the 4th quarter. Rhumbline Advisers now owns 288,169 shares of the business services provider's stock valued at $3,591,000 after acquiring an additional 5,545 shares during the period. State of New Jersey Common Pension Fund D raised its stake in Dun & Bradstreet by 6.2% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 175,369 shares of the business services provider's stock worth $2,185,000 after acquiring an additional 10,209 shares during the last quarter. Truist Financial Corp lifted its position in Dun & Bradstreet by 8.7% during the 4th quarter. Truist Financial Corp now owns 24,420 shares of the business services provider's stock worth $304,000 after acquiring an additional 1,958 shares during the period. Finally, Handelsbanken Fonder AB grew its stake in Dun & Bradstreet by 17.4% during the 4th quarter. Handelsbanken Fonder AB now owns 74,300 shares of the business services provider's stock valued at $926,000 after purchasing an additional 11,000 shares during 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 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.