Dun & Bradstreet (NYSE:DNB) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Dun & Bradstreet (NYSE:DNB) in a research report released on Thursday. The brokerage issued a hold rating on the business services provider’s stock.

A number of other research firms also recently commented on DNB. Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Needham & Company LLC reissued a “hold” rating and issued a $14.00 price target on shares of Dun & Bradstreet in a report on Monday, March 24th. Jefferies Financial Group restated a “hold” rating and issued a $9.15 target price (down from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. Finally, The Goldman Sachs Group reduced their price target on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a research report on Friday, February 21st. Seven equities research analysts have rated the stock with a hold rating, According to MarketBeat, Dun & Bradstreet currently has an average rating of “Hold” and an average target price of $11.86.

Dun & Bradstreet Trading Down 2.2 %

Shares of DNB stock opened at $8.74 on Thursday. The stock has a market cap of $3.90 billion, a P/E ratio of -145.63, a P/E/G ratio of 2.21 and a beta of 1.14. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 1.06. Dun & Bradstreet has a fifty-two week low of $7.78 and a fifty-two week high of $12.95. The business has a fifty day simple moving average of $9.73 and a 200-day simple moving average of $11.11.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing the consensus estimate 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 analysts’ expectations of $658.04 million. On average, 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 declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, March 6th. This represents a $0.20 annualized dividend and a yield of 2.29%. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -333.33%.

Insider Activity at Dun & Bradstreet

In other Dun & Bradstreet news, Chairman William P. Foley II sold 2,500,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $8.99, for a total value of $22,475,000.00. Following the sale, the chairman now owns 8,109,644 shares in the company, valued at $72,905,699.56. This represents a 23.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 10.44% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Amundi increased its holdings in shares of Dun & Bradstreet by 27.9% in the fourth 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 acquired a new position in Dun & Bradstreet in the 4th quarter valued at about $96,000. Paloma Partners Management Co bought a new position in Dun & Bradstreet in the 3rd quarter valued at about $117,000. Y Intercept Hong Kong Ltd bought a new position in Dun & Bradstreet in the 3rd quarter valued at about $120,000. Finally, Empowered Funds LLC acquired a new stake in Dun & Bradstreet during the fourth quarter worth approximately $127,000. 86.68% of the stock is owned by institutional investors and hedge funds.

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.