Dun & Bradstreet (NYSE:DNB) Price Target Cut to $11.00 by Analysts at The Goldman Sachs Group

Dun & Bradstreet (NYSE:DNB) had its price target trimmed by The Goldman Sachs Group from $12.80 to $11.00 in a report released on Friday,Benzinga reports. The brokerage currently has a neutral rating on the business services provider’s stock.

Several other equities analysts have also recently commented on DNB. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 price target on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Needham & Company LLC reduced their price target on shares of Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating on the stock in a research report on Friday. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $12.50.

Dun & Bradstreet Stock Performance

NYSE:DNB opened at $9.45 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70. The firm has a 50-day moving average of $11.63 and a two-hundred day moving average of $11.76. The stock has a market cap of $4.17 billion, a P/E ratio of -118.06, a PEG ratio of 2.47 and a beta of 1.14. Dun & Bradstreet has a 1-year low of $8.77 and a 1-year high of $12.94.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The firm had revenue of $631.90 million during the quarter, compared to analysts’ expectations of $658.04 million. On average, research analysts expect that Dun & Bradstreet will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

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 dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.12%. The ex-dividend date is Thursday, March 6th. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -333.33%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Amundi grew its stake in Dun & Bradstreet by 27.9% during the 4th quarter. Amundi now owns 5,158 shares of the business services provider’s stock worth $64,000 after buying an additional 1,126 shares during the last quarter. Cetera Investment Advisers grew its stake in Dun & Bradstreet by 5.5% during the 4th quarter. Cetera Investment Advisers now owns 23,843 shares of the business services provider’s stock worth $297,000 after buying an additional 1,240 shares during the last quarter. Blue Trust Inc. grew its stake in Dun & Bradstreet by 28.2% during the 3rd quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock worth $67,000 after buying an additional 1,284 shares during the last quarter. Xponance Inc. grew its stake in Dun & Bradstreet by 16.5% during the 4th quarter. Xponance Inc. now owns 13,252 shares of the business services provider’s stock worth $165,000 after buying an additional 1,881 shares during the last quarter. Finally, Cerity Partners LLC grew its stake in Dun & Bradstreet by 10.1% during the 4th quarter. Cerity Partners LLC now owns 20,771 shares of the business services provider’s stock worth $259,000 after buying an additional 1,909 shares during the last quarter. 86.68% of the stock is currently owned by institutional investors.

Dun & Bradstreet Company Profile

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.