Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Short Interest Down 7.2% in November

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) was the target of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 25,950,000 shares, a decrease of 7.2% from the October 31st total of 27,970,000 shares. Based on an average daily trading volume, of 2,520,000 shares, the short-interest ratio is presently 10.3 days. Currently, 8.7% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Blue Trust Inc. grew its stake in Dun & Bradstreet by 129.1% in the 2nd quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock worth $46,000 after acquiring an additional 2,563 shares during the period. Canada Pension Plan Investment Board boosted its stake in Dun & Bradstreet by 85.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock worth $81,000 after buying an additional 4,000 shares during the last quarter. Xponance Inc. purchased a new stake in Dun & Bradstreet in the 2nd quarter valued at about $100,000. KBC Group NV lifted its holdings in shares of Dun & Bradstreet by 33.9% during the 3rd quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after acquiring an additional 2,499 shares during the period. Finally, Paloma Partners Management Co acquired a new stake in shares of Dun & Bradstreet in the third quarter worth approximately $117,000. Institutional investors and hedge funds own 86.68% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Needham & Company LLC reiterated a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a research report on Friday, November 1st. StockNews.com upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Barclays increased their price target on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. JPMorgan Chase & Co. upped their price objective on Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Monday, August 5th. Finally, The Goldman Sachs Group boosted their price objective on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a report on Monday, August 5th. Five analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $13.83.

Dun & Bradstreet Trading Down 0.6 %

Shares of Dun & Bradstreet stock traded down $0.08 during trading hours on Tuesday, hitting $12.59. The company had a trading volume of 1,372,347 shares, compared to its average volume of 3,342,201. The company’s 50-day moving average is $11.76 and its two-hundred day moving average is $10.97. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. Dun & Bradstreet has a twelve month low of $8.77 and a twelve month high of $12.94.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The business had revenue of $609.10 million for the quarter, compared to analyst estimates of $605.64 million. During the same period in the previous year, the firm earned $0.23 EPS. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. Sell-side analysts anticipate that Dun & Bradstreet will post 0.88 EPS for the current year.

Dun & Bradstreet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date of this dividend is Thursday, December 5th. Dun & Bradstreet’s payout ratio is currently -250.00%.

About Dun & Bradstreet

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.