Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 24,350,000 shares, a drop of 6.2% from the November 15th total of 25,950,000 shares. Approximately 8.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,480,000 shares, the short-interest ratio is presently 9.8 days.
Shares of Dun & Bradstreet stock traded down $0.04 during trading on Monday, reaching $12.27. The company's stock had a trading volume of 2,302,694 shares, compared to its average volume of 3,284,181. The company has a market cap of $5.42 billion, a price-to-earnings ratio of -153.31, a PEG ratio of 3.44 and a beta of 1.16. The firm's 50-day moving average is $11.96 and its two-hundred day moving average is $11.14. Dun & Bradstreet has a 52-week low of $8.77 and a 52-week high of $12.94. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08.
Dun & Bradstreet (NYSE:DNB - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.27. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The firm had revenue of $609.10 million for the quarter, compared to analysts' expectations of $605.64 million. During the same period last year, the firm earned $0.23 earnings per share. The company's revenue for the quarter was up 3.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Dun & Bradstreet will post 0.88 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 1.63%. Dun & Bradstreet's payout ratio is currently -250.00%.
Several large investors have recently modified their holdings of DNB. Blue Trust Inc. increased its position in Dun & Bradstreet by 129.1% during the 2nd quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider's stock valued at $46,000 after purchasing an additional 2,563 shares during the period. Canada Pension Plan Investment Board boosted its stake in shares of Dun & Bradstreet by 85.1% during the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider's stock valued at $81,000 after purchasing an additional 4,000 shares in the last quarter. Xponance Inc. purchased a new position in shares of Dun & Bradstreet during the second quarter valued at about $100,000. KBC Group NV raised its stake in Dun & Bradstreet by 33.9% in the third quarter. KBC Group NV now owns 9,878 shares of the business services provider's stock worth $114,000 after buying an additional 2,499 shares in the last quarter. Finally, Paloma Partners Management Co purchased a new stake in Dun & Bradstreet in the third quarter worth about $117,000. 86.68% of the stock is owned by institutional investors.
DNB has been the subject of a number of research analyst reports. StockNews.com upgraded Dun & Bradstreet from a "sell" rating to a "hold" rating in a research report on Wednesday, October 2nd. Needham & Company LLC reissued a "buy" rating and issued a $17.00 price target on shares of Dun & Bradstreet in a research note on Friday, November 1st. Finally, Barclays lifted their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an "equal weight" rating in a report on Friday, September 13th. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $13.83.
View Our Latest Stock Report on DNB
Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.
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