Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Short Interest Up 18.1% in May

Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 22,270,000 shares, an increase of 18.1% from the April 30th total of 18,850,000 shares. Approximately 6.6% of the company's stock are sold short. Based on an average daily trading volume, of 14,540,000 shares, the days-to-cover ratio is presently 1.5 days.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on DNB shares. Wall Street Zen started coverage on shares of Dun & Bradstreet in a research note on Wednesday, May 21st. They issued a "hold" rating for the company. The Goldman Sachs Group lowered their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating for the company in a research report on Friday, February 21st. Jefferies Financial Group reaffirmed a "hold" rating and issued a $9.15 target price (down previously from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Dun & Bradstreet in a research note on Friday, May 2nd. Seven investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Dun & Bradstreet presently has an average rating of "Hold" and an average price target of $11.86.

Dun & Bradstreet Stock Up 0.1%

DNB traded up $0.01 during trading on Wednesday, reaching $9.04. The company had a trading volume of 5,111,772 shares, compared to its average volume of 6,091,800. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70. Dun & Bradstreet has a 12 month low of $7.78 and a 12 month high of $12.95. The company has a market cap of $4.04 billion, a P/E ratio of -150.64, a PEG ratio of 2.21 and a beta of 1.12. The business's fifty day moving average price is $8.89 and its 200 day moving average price is $10.29.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last issued its earnings results 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. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The business had revenue of $579.80 million for the quarter, compared to the consensus estimate of $578.02 million. During the same period in the previous year, the company earned $0.20 earnings per share. The firm's revenue for the quarter was up 2.7% on a year-over-year basis. Equities analysts anticipate that Dun & Bradstreet will post 0.96 EPS for the current year.

Insider Buying and Selling at Dun & Bradstreet

In other news, Director Chinh Chu sold 10,885,403 shares of the stock in a transaction 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 transaction, the director now owns 23,810 shares in the company, valued at $213,099.50. This represents a 99.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman William P. Foley II sold 2,500,000 shares of the stock in a transaction on 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 owns 5,609,644 shares in the company, valued at approximately $50,262,410.24. This trade represents a 30.83% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,885,403 shares of company stock worth $142,299,357. 10.44% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Dun & Bradstreet

Several institutional investors and hedge funds have recently bought and sold shares of the company. Massachusetts Financial Services Co. MA raised its stake in Dun & Bradstreet by 2.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider's stock worth $719,863,000 after acquiring an additional 1,275,959 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Dun & Bradstreet by 11.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 19,628,905 shares of the business services provider's stock valued at $175,482,000 after purchasing an additional 2,006,587 shares during the period. FMR LLC boosted its holdings in shares of Dun & Bradstreet by 9.7% during the 4th quarter. FMR LLC now owns 12,575,015 shares of the business services provider's stock worth $156,685,000 after buying an additional 1,109,940 shares in the last quarter. Azora Capital LP lifted its holdings in shares of Dun & Bradstreet by 15.6% in the 4th quarter. Azora Capital LP now owns 9,213,826 shares of the business services provider's stock worth $114,804,000 after purchasing an additional 1,240,472 shares in the last quarter. Finally, Crescent Grove Advisors LLC lifted its holdings in shares of Dun & Bradstreet by 8.1% in the 1st quarter. Crescent Grove Advisors LLC now owns 6,678,062 shares of the business services provider's stock worth $59,702,000 after purchasing an additional 498,558 shares in the last quarter. 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.

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