Dun & Bradstreet (NYSE:DNB) Sees Large Volume Increase - Time to Buy?

Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) saw an uptick in trading volume on Tuesday . 28,446,719 shares changed hands during trading, an increase of 420% from the previous session's volume of 5,474,191 shares.The stock last traded at $8.96 and had previously closed at $9.15.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DNB. Needham & Company LLC restated a "hold" rating on shares of Dun & Bradstreet in a research report on Friday. Royal Bank of Canada restated a "sector perform" rating and issued a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Jefferies Financial Group reiterated a "hold" rating and set 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 dropped their target price 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. Finally, StockNews.com started coverage on shares of Dun & Bradstreet in a research report on Sunday, April 27th. They set a "hold" rating for the company. Seven equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Dun & Bradstreet presently has a consensus rating of "Hold" and a consensus price target of $11.86.

Dun & Bradstreet Trading Up 0.4 %

The stock's 50-day simple moving average is $8.74 and its two-hundred day simple moving average is $10.71. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70. The firm has a market capitalization of $4.01 billion, a P/E ratio of -149.64, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The business services provider reported $0.21 EPS for the quarter, beating analysts' consensus estimates 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 business had revenue of $579.80 million for the quarter, compared to analysts' expectations of $578.02 million. During the same period last year, the firm earned $0.20 earnings per share. The business's quarterly revenue was up 2.7% on a year-over-year basis. Equities research analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current year.

Dun & Bradstreet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend was Thursday, March 6th. Dun & Bradstreet's dividend payout ratio is presently -333.33%.

Insiders Place Their Bets

In other news, Chairman William P. Foley II sold 2,500,000 shares of the company's stock in a transaction dated Tuesday, March 25th. The shares were 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 in the company, valued at approximately $72,905,699.56. This represents a 23.56 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 10.44% of the company's stock.

Institutional Investors Weigh In On Dun & Bradstreet

Large investors have recently added to or reduced their stakes in the stock. Amundi boosted its holdings in shares of Dun & Bradstreet by 27.9% in the 4th quarter. Amundi now owns 5,158 shares of the business services provider's stock worth $64,000 after purchasing an additional 1,126 shares during the period. Neo Ivy Capital Management bought a new stake in Dun & Bradstreet in the fourth quarter worth $96,000. Vest Financial LLC purchased a new position in Dun & Bradstreet during the first quarter worth $106,000. True Link Financial Advisors LLC purchased a new stake in shares of Dun & Bradstreet in the first quarter valued at $114,000. Finally, Brown Miller Wealth Management LLC bought a new stake in shares of Dun & Bradstreet in the 1st quarter worth about $122,000. 86.68% of the stock is owned by institutional investors.

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.