Dun & Bradstreet (NYSE:DNB) Upgraded at StockNews.com

StockNews.com upgraded shares of Dun & Bradstreet (NYSE:DNB) from a sell rating to a hold rating in a research report report published on Wednesday morning.

Other equities analysts have also issued research reports about the stock. The Goldman Sachs Group increased their target price on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the stock a neutral rating in a research report on Monday, August 5th. Royal Bank of Canada cut their price objective on shares of Dun & Bradstreet from $15.00 to $12.00 and set a sector perform rating for the company in a report on Friday, August 2nd. Barclays lifted their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an equal weight rating in a research note on Friday, September 13th. JPMorgan Chase & Co. raised their price target on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a neutral rating in a report on Monday, August 5th. Finally, Needham & Company LLC reiterated a buy rating and issued a $17.00 price target on shares of Dun & Bradstreet in a research report on Monday, August 5th. Five investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of Moderate Buy and a consensus price target of $13.85.

Dun & Bradstreet Trading Down 1.8 %

Shares of DNB stock opened at $11.30 on Wednesday. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 1.08. The firm has a market cap of $5.00 billion, a P/E ratio of -141.50, a PEG ratio of 2.67 and a beta of 1.16. The company has a 50 day moving average of $11.62 and a 200-day moving average of $10.35. Dun & Bradstreet has a 12-month low of $8.68 and a 12-month high of $12.75.

Dun & Bradstreet (NYSE:DNB) last released its earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.23. Dun & Bradstreet had a positive return on equity of 11.35% and a negative net margin of 1.42%. The business had revenue of $576.20 million during the quarter, compared to the consensus estimate of $580.77 million. During the same period last year, the business posted $0.17 earnings per share. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. Sell-side analysts anticipate that Dun & Bradstreet will post 0.89 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.20 annualized dividend and a yield of 1.77%. Dun & Bradstreet’s payout ratio is -250.00%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in DNB. Treasurer of the State of North Carolina grew its stake in Dun & Bradstreet by 1.0% in the fourth quarter. Treasurer of the State of North Carolina now owns 120,806 shares of the business services provider’s stock worth $1,413,000 after purchasing an additional 1,180 shares during the period. OLD National Bancorp IN lifted its holdings in shares of Dun & Bradstreet by 6.9% during the second quarter. OLD National Bancorp IN now owns 19,931 shares of the business services provider’s stock valued at $185,000 after purchasing an additional 1,286 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Dun & Bradstreet by 12.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider’s stock valued at $127,000 after buying an additional 1,533 shares during the last quarter. Blue Trust Inc. lifted its stake in Dun & Bradstreet by 129.1% during the 2nd quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 2,563 shares during the period. Finally, Tidal Investments LLC raised its holdings in shares of Dun & Bradstreet by 10.2% during the first quarter. Tidal Investments LLC now owns 30,924 shares of the business services provider’s stock valued at $310,000 after purchasing an additional 2,856 shares during the last quarter. Institutional investors own 86.68% of the company’s stock.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business 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 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 to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.