Brokerages Set Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Target Price at $11.63

Key Points

• Dun & Bradstreet Holdings, Inc. has received an average recommendation of "Hold" from six brokerages, with the average price target set at $11.63.
• The stock opened at $9.11 and has a one-year trading range between $7.78 and $12.94.
• Hedge funds and institutional investors own 86.68% of Dun & Bradstreet's stock, indicating strong institutional support.

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) have been given an average rating of "Hold" by the six ratings firms that are covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation. The average 12 month price target among analysts that have covered the stock in the last year is $11.63.

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC increased its holdings in shares of Dun & Bradstreet by 420.5% in the 2nd quarter. Parallel Advisors LLC now owns 3,003 shares of the business services provider's stock valued at $27,000 after acquiring an additional 2,426 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in shares of Dun & Bradstreet by 116.7% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 3,900 shares of the business services provider's stock valued at $35,000 after acquiring an additional 2,100 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Dun & Bradstreet by 562.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 6,201 shares of the business services provider's stock valued at $56,000 after acquiring an additional 5,265 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Dun & Bradstreet in the 1st quarter valued at about $68,000. Finally, Longfellow Investment Management Co. LLC purchased a new position in shares of Dun & Bradstreet in the 1st quarter valued at about $73,000. Hedge funds and other institutional investors own 86.68% of the company's stock.

Dun & Bradstreet Trading Down 0.1%

Shares of DNB traded down $0.01 during trading on Monday, reaching $9.10. 1,533,175 shares of the company traded hands, compared to its average volume of 8,443,579. Dun & Bradstreet has a twelve month low of $7.78 and a twelve month high of $12.94. The stock has a market cap of $4.06 billion, a PE ratio of -101.06 and a beta of 1.12. The stock has a 50-day simple moving average of $9.09 and a 200-day simple moving average of $9.25. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 1.06.

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.