Dun & Bradstreet Target of Unusually High Options Trading (NYSE:DNB)

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) saw some unusual options trading activity on Monday. Investors purchased 5,825 call options on the company. This represents an increase of approximately 488% compared to the average daily volume of 991 call options.

Institutional Investors Weigh In On Dun & Bradstreet

A number of hedge funds have recently added to or reduced their stakes in the stock. Amundi boosted its stake 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 valued at $64,000 after purchasing an additional 1,126 shares during the last quarter. Neo Ivy Capital Management bought a new position in shares of Dun & Bradstreet in the 4th quarter valued at about $96,000. Paloma Partners Management Co bought a new position in shares of Dun & Bradstreet in the 3rd quarter valued at about $117,000. Empowered Funds LLC bought a new position in shares of Dun & Bradstreet in the 4th quarter valued at about $127,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Dun & Bradstreet in the 3rd quarter valued at about $120,000. Institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Price Performance

Shares of DNB traded up $0.26 during trading hours on Monday, hitting $8.99. The stock had a trading volume of 43,583,030 shares, compared to its average volume of 3,486,809. The company’s fifty day moving average is $10.21 and its two-hundred day moving average is $11.29. 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 52 week low of $7.78 and a 52 week high of $12.95. The stock has a market capitalization of $3.97 billion, a price-to-earnings ratio of -149.73, a P/E/G ratio of 2.21 and a beta of 1.19.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $658.04 million. On average, analysts anticipate that Dun & Bradstreet will post 0.96 EPS for the current year.

Dun & Bradstreet Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date of this dividend was Thursday, March 6th. Dun & Bradstreet’s dividend payout ratio is currently -333.33%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Needham & Company LLC dropped their price objective on shares of Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Royal Bank of Canada restated a “sector perform” rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Finally, The Goldman Sachs Group dropped 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 note on Friday, February 21st. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $12.50.

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.