Dun & Bradstreet (NYSE:DNB) had its price objective boosted by Robert W. Baird from $135.00 to $145.00 in a research note issued to investors on Thursday morning. They currently have a neutral rating on the business services provider’s stock.
Other analysts have also recently issued research reports about the company. Zacks Investment Research cut Dun & Bradstreet from a buy rating to a hold rating in a research report on Tuesday, April 17th. Wells Fargo & Co lifted their target price on Dun & Bradstreet from $113.00 to $120.00 and gave the stock a market perform rating in a research report on Monday, June 25th. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Dun & Bradstreet has an average rating of Hold and an average price target of $132.00.
Shares of DNB traded down $0.27 during midday trading on Thursday, reaching $141.94. 2,372,760 shares of the stock were exchanged, compared to its average volume of 520,958. The company has a debt-to-equity ratio of -1.56, a quick ratio of 0.52 and a current ratio of 0.52. Dun & Bradstreet has a twelve month low of $105.42 and a twelve month high of $144.00. The stock has a market capitalization of $5.26 billion, a P/E ratio of 18.59, a price-to-earnings-growth ratio of 2.80 and a beta of 1.20.
Dun & Bradstreet (NYSE:DNB) last posted its earnings results on Wednesday, August 8th. The business services provider reported $1.40 EPS for the quarter, missing the Zacks’ consensus estimate of $1.50 by ($0.10). Dun & Bradstreet had a negative return on equity of 34.16% and a net margin of 13.08%. The firm had revenue of $439.60 million for the quarter, compared to analyst estimates of $402.78 million. equities research analysts forecast that Dun & Bradstreet will post 8.47 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 7th. Investors of record on Wednesday, August 22nd will be issued a dividend of $0.5225 per share. This represents a $2.09 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend is Tuesday, August 21st. Dun & Bradstreet’s dividend payout ratio is currently 28.40%.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in DNB. Boston Partners purchased a new position in shares of Dun & Bradstreet during the first quarter worth about $132,621,000. Bank of New York Mellon Corp grew its holdings in shares of Dun & Bradstreet by 65.5% during the second quarter. Bank of New York Mellon Corp now owns 826,792 shares of the business services provider’s stock worth $101,407,000 after buying an additional 327,334 shares during the last quarter. Martingale Asset Management L P purchased a new position in shares of Dun & Bradstreet during the second quarter worth about $28,615,000. Investec Asset Management LTD grew its holdings in shares of Dun & Bradstreet by 29.8% during the second quarter. Investec Asset Management LTD now owns 887,561 shares of the business services provider’s stock worth $108,859,000 after buying an additional 203,940 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in shares of Dun & Bradstreet by 179.1% during the first quarter. Millennium Management LLC now owns 278,016 shares of the business services provider’s stock worth $32,528,000 after buying an additional 178,389 shares during the last quarter. 88.78% of the stock is currently owned by hedge funds and other institutional investors.
Dun & Bradstreet Company Profile
The Dun & Bradstreet Corporation provides commercial data, analytics, and insight on businesses. The company operates through two segments, Americas and Non-Americas. It offers risk management solutions comprising trade credit solutions, such as The D&B Credit Suite, which includes D&B Credit and DNBi, subscription-based online applications that offer customers real time access to information, comprehensive monitoring, and portfolio analysis; various business information reports; and D&B Credibility solutions primarily for small businesses; Supplier Risk Manager, an online application that helps businesses mitigate supply chain risk; Compliance product suite that includes D&B Onboard and D&B Compliance Check, which helps customers comply with anti-money laundering and anti-bribery and corruption regulations through onboarding, screening, and monitoring of customers and third parties; and D&B Direct, an API that enables data integration inside enterprise applications, such as ERP, and enables master data management and toolkit.
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