Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Given Consensus Recommendation of "Hold" by Brokerages

Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) has received a consensus recommendation of "Hold" from the seven research firms that are covering the company, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $11.86.

DNB has been the subject of a number of analyst reports. Needham & Company LLC reissued a "hold" rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Raymond James Financial downgraded shares of Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a research report on Friday, June 13th. Jefferies Financial Group reissued 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. Finally, Wall Street Zen initiated coverage on shares of Dun & Bradstreet in a research report on Wednesday, May 21st. They issued a "hold" rating for the company.

Dun & Bradstreet Trading Up 0.1%

Shares of NYSE DNB opened at $9.08 on Friday. 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 company's fifty day moving average is $8.98 and its 200-day moving average is $9.99. The stock has a market cap of $4.05 billion, a price-to-earnings ratio of -181.50 and a beta of 1.12.

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

Insider Buying and Selling

In other Dun & Bradstreet news, Chairman William P. Foley II sold 2,500,000 shares of the business's stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $8.99, for a total value of $22,475,000.00. Following the completion of the sale, the chairman now 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Chinh Chu sold 10,885,403 shares of the business's stock in a transaction dated 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 completion of the sale, the director now directly owns 23,810 shares of the company's stock, valued at $213,099.50. This represents a 99.78% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,885,403 shares of company stock valued at $142,299,357. Company insiders own 10.44% of the company's stock.

Institutional Trading of Dun & Bradstreet

A number of institutional investors have recently bought and sold shares of the business. Empowered Funds LLC acquired a new position in shares of Dun & Bradstreet in the 4th quarter valued at approximately $127,000. Rhumbline Advisers raised 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 buying an additional 5,545 shares in the last quarter. State of New Jersey Common Pension Fund D raised its position in shares of 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 valued at $2,185,000 after buying an additional 10,209 shares in the last quarter. Truist Financial Corp raised its position in shares of Dun & Bradstreet by 8.7% in the 4th quarter. Truist Financial Corp now owns 24,420 shares of the business services provider's stock valued at $304,000 after buying an additional 1,958 shares in the last quarter. Finally, Handelsbanken Fonder AB raised its position in shares of Dun & Bradstreet by 17.4% in the 4th quarter. Handelsbanken Fonder AB now owns 74,300 shares of the business services provider's stock valued at $926,000 after buying an additional 11,000 shares in the last quarter. Institutional investors own 86.68% of the company's stock.

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.

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