Short Interest in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Declines By 28.9%

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 16,790,000 shares, a drop of 28.9% from the January 31st total of 23,620,000 shares. Based on an average daily trading volume, of 3,180,000 shares, the short-interest ratio is currently 5.3 days. Approximately 5.4% of the company’s stock are sold short.

Dun & Bradstreet Stock Performance

Shares of DNB traded down $0.15 on Wednesday, reaching $8.77. The company’s stock had a trading volume of 1,706,099 shares, compared to its average volume of 4,055,716. 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 12-month low of $8.63 and a 12-month high of $12.94. The stock has a market capitalization of $3.87 billion, a P/E ratio of -146.23, a PEG ratio of 2.21 and a beta of 1.14. The stock’s 50 day simple moving average is $11.18 and its two-hundred day simple moving average is $11.62.

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

Dun & Bradstreet Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.28%. The ex-dividend date is Thursday, March 6th. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -333.33%.

Analyst Ratings Changes

DNB has been the topic of several analyst reports. Needham & Company LLC dropped their target price on Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Finally, The Goldman Sachs Group reduced 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 research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $12.50.

Institutional Trading of Dun & Bradstreet

Institutional investors and hedge funds have recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA grew its stake in shares of Dun & Bradstreet by 2.3% in the 4th 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 increased its position in shares of Dun & Bradstreet by 8.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider’s stock valued at $219,566,000 after purchasing an additional 1,350,263 shares during the last quarter. FMR LLC lifted its position in Dun & Bradstreet by 9.7% in the fourth quarter. FMR LLC now owns 12,575,015 shares of the business services provider’s stock worth $156,685,000 after buying an additional 1,109,940 shares during the last quarter. Azora Capital LP raised its stake in shares of Dun & Bradstreet by 15.6% in 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 acquiring an additional 1,240,472 shares during the period. Finally, Crescent Grove Advisors LLC boosted its stake in shares of Dun & Bradstreet by 2.2% during the 3rd 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 during the period. 86.68% of the stock is currently owned by institutional investors.

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.