Dun & Bradstreet Holdings Inc. (DNB) Holding Strong: What’s pushing it?

In yesterday’s Wall Street session, Dun & Bradstreet Holdings Inc. (NYSE:DNB) shares traded at $11.58, down -1.78% from the previous session.

14 analysts cover Dun & Bradstreet Holdings Inc. (NYSE:DNB), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $18.00 and a low of $11.00, we find $15.00. Given the previous closing price of $11.79, this indicates a potential upside of 27.23 percent. DNB stock price is now 4.73% away from the 50-day moving average and -4.26% away from the 200-day moving average. The market capitalization of the company currently stands at $5.07B.

The stock has received a hold rating from 5 analysts and a buy rating from 7. Brokers who have rated the stock have averaged $14.71 as their price target over the next twelve months.

With the price target enhanced from $15 to $17, Deutsche Bank Upgraded its rating from Hold to Buy for Dun & Bradstreet Holdings Inc. (NYSE: DNB).

In other news, Hipsher Bryan T., Chief Financial Officer bought 4,000 shares of the company’s stock on May 24. The stock was bought for $39,525 at an average price of $9.88. Upon completion of the transaction, the Chief Financial Officer now directly owns 29,000 shares in the company, valued at $0.34 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 10, Executive Chairman FOLEY WILLIAM P II sold 1,290,994 shares of the business’s stock. A total of $13,839,456 was realized by selling the stock at an average price of $10.72. This leaves the insider owning 2,459,658 shares of the company worth $28.48 million. Insiders disposed of 18,331,635 shares of company stock worth roughly $212.28 million over the past 1 year. A total of 2.00% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in DNB stock. A new stake in Dun & Bradstreet Holdings Inc. shares was purchased by POLAR ASSET MANAGEMENT PARTNERS INC. during the first quarter worth $12,328,000. PRUDENTIAL FINANCIAL INC invested $8,598,000 in shares of DNB during the first quarter. In the first quarter, JACOBS LEVY EQUITY MANAGEMENT, INC acquired a new stake in Dun & Bradstreet Holdings Inc. valued at approximately $8,180,000. BLUE DOOR ASSET MANAGEMENT, LLC acquired a new stake in DNB for approximately $5,419,000. SEI INVESTMENTS CO purchased a new stake in DNB valued at around $4,036,000 in the second quarter. In total, there are 289 active investors with 88.20% ownership of the company’s stock.

On Thursday morning Dun & Bradstreet Holdings Inc. (NYSE: DNB) stock kicked off with the opening price of $11.94. During the past 12 months, Dun & Bradstreet Holdings Inc. has had a low of $9.50 and a high of $16.67. As of last week, the company has a debt-to-equity ratio of 1.04, a current ratio of 0.60, and a quick ratio of 0.60. The fifty day moving average price for DNB is $11.08 and a two-hundred day moving average price translates $12.09 for the stock.

The latest earnings results from Dun & Bradstreet Holdings Inc. (NYSE: DNB) was released for Mar, 2023. According to the Financial Data & Stock Exchanges Company, earnings per share came in at $0.19, inline with analysts’ expectations of $0.19. This compares to -$0.07 EPS in the same period last year. The net profit margin was -0.20% and return on equity was -0.10% for DNB. The company reported revenue of $540.4 million for the quarter, compared to $536.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.82 percent. For the current quarter, analysts expect DNB to generate $547.88M in revenue.

Moreover, the firm recently paid out its quarterly dividend on 09/21/2023. Investors who held shares on 09/07/2023 were paid a $0.05 dividend. On an annualized basis, this represents a $0.20 dividend and a 1.73% percent yield. There was an ex-dividend date of 09/06/2023 for this dividend.

Dun & Bradstreet Holdings Inc.(DNB) Company Profile

Dun & Bradstreet Holdings, Inc. provides business decisioning 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 powerful 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. The company also provides risk and compliance solutions, such as D&B Supplier Risk Manager that provides insights to help certify, monitor, analyze, and mitigate risk across the supply chain; D&B Onboard to provide comprehensive insights into businesses to facilitate KYC/AML compliance, as well as to minimize financial, legal, and reputational risk exposure; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership. It offers sales and marketing solutions, including D&B Connect, a self-service data management platform; D&B Optimizer, an integrated data management solution; D&B Rev.Up ABX, an open and agnostic platform that aligns marketing and sales teams to deliver an optimal and coordinated buying; D&B Hoovers, a sales intelligence solution; D&B Audience Targeting, which helps clients to reach the right audiences with the right messages; D&B Visitor Intelligence that turns web visitors into leads; D&B Direct, an API-enabled data management solution; and InfoTorg, an online SaaS application. The company was founded in 1841 and is headquartered in Jacksonville, Florida.