Dun & Bradstreet (NYSE:DNB) Sets New 1-Year Low – What’s Next?

Dun & Bradstreet Holdings, Inc. (NYSE:DNB)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $8.77 and last traded at $8.80, with a volume of 545756 shares. The stock had previously closed at $9.00.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on DNB. Needham & Company LLC decreased their target price on Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating for the company in a research report on Friday, February 21st. The Goldman Sachs Group cut their price target on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a report on Friday, February 21st. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Dun & Bradstreet presently has an average rating of “Hold” and a consensus price target of $12.50.

Dun & Bradstreet Price Performance

The stock has a market capitalization of $3.95 billion, a P/E ratio of -150.06, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65. The firm has a 50-day moving average price of $11.25 and a 200 day moving average price of $11.64.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.05). Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The company had revenue of $631.90 million during the quarter, compared to analysts’ expectations of $658.04 million. On average, analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current year.

Dun & Bradstreet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be paid a dividend of $0.05 per share. The ex-dividend date is Thursday, March 6th. This represents a $0.20 annualized dividend and a dividend yield of 2.23%. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -333.33%.

Institutional Investors Weigh In On Dun & Bradstreet

Several institutional investors and hedge funds have recently modified their holdings of DNB. Massachusetts Financial Services Co. MA raised its stake in Dun & Bradstreet by 2.3% in 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 buying an additional 1,275,959 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Dun & Bradstreet by 8.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider’s stock worth $219,566,000 after acquiring an additional 1,350,263 shares in the last quarter. FMR LLC lifted its stake in shares of Dun & Bradstreet by 9.7% in the 4th quarter. FMR LLC now owns 12,575,015 shares of the business services provider’s stock valued at $156,685,000 after purchasing an additional 1,109,940 shares during the period. Azora Capital LP boosted its position in shares of Dun & Bradstreet by 15.6% during the fourth quarter. Azora Capital LP now owns 9,213,826 shares of the business services provider’s stock valued at $114,804,000 after purchasing an additional 1,240,472 shares in the last quarter. Finally, Crescent Grove Advisors LLC raised its holdings in Dun & Bradstreet by 2.2% in the third quarter. Crescent Grove Advisors LLC now owns 6,176,103 shares of the business services provider’s stock worth $71,087,000 after purchasing an additional 130,888 shares in the last quarter. 86.68% of the stock is owned by hedge funds and other institutional investors.

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.