Dun & Bradstreet (DNB) Stock Rating Upgraded by ValuEngine

ValuEngine upgraded shares of Dun & Bradstreet (NYSE:DNB) from a hold rating to a buy rating in a report published on Tuesday.

A number of other research analysts also recently commented on the stock. Zacks Investment Research downgraded shares of Dun & Bradstreet from a hold rating to a sell rating in a report on Tuesday, January 2nd. Barclays raised shares of Dun & Bradstreet from an underweight rating to an equal weight rating and increased their price target for the company from $105.00 to $125.00 in a report on Monday, November 13th. Goldman Sachs Group started coverage on shares of Dun & Bradstreet in a research note on Wednesday, November 8th. They issued a neutral rating and a $125.00 price objective for the company. Finally, Robert W. Baird decreased their price objective on shares of Dun & Bradstreet from $130.00 to $127.00 and set an outperform rating for the company in a research note on Friday, November 3rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The stock has a consensus rating of Hold and an average price target of $125.75.

Dun & Bradstreet (DNB) opened at $120.50 on Tuesday. The company has a debt-to-equity ratio of -1.93, a current ratio of 0.92 and a quick ratio of 0.92. Dun & Bradstreet has a 1-year low of $101.17 and a 1-year high of $125.32. The company has a market cap of $4,035.63, a PE ratio of 23.22, a P/E/G ratio of 2.47 and a beta of 1.27.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings results on Monday, February 12th. The business services provider reported $3.22 EPS for the quarter, beating the Zacks’ consensus estimate of $3.04 by $0.18. Dun & Bradstreet had a net margin of 11.12% and a negative return on equity of 28.31%. The firm had revenue of $528.30 million during the quarter, compared to the consensus estimate of $535.82 million. During the same quarter last year, the firm earned $2.99 EPS. The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year. research analysts expect that Dun & Bradstreet will post 7.17 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Thursday, February 22nd will be paid a $0.5225 dividend. This represents a $2.09 annualized dividend and a yield of 1.73%. This is an increase from Dun & Bradstreet’s previous quarterly dividend of $0.50. Dun & Bradstreet’s dividend payout ratio (DPR) is presently 38.73%.

A number of hedge funds and other institutional investors have recently made changes to their positions in DNB. Hermes Investment Management Ltd. lifted its stake in Dun & Bradstreet by 6,933.3% in the fourth quarter. Hermes Investment Management Ltd. now owns 375,013 shares of the business services provider’s stock worth $44,405,000 after purchasing an additional 369,681 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of Dun & Bradstreet by 38.6% during the fourth quarter. Renaissance Technologies LLC now owns 460,600 shares of the business services provider’s stock valued at $54,540,000 after acquiring an additional 128,300 shares in the last quarter. Lunia Capital LP bought a new stake in shares of Dun & Bradstreet during the fourth quarter valued at approximately $10,562,000. Quantum Capital Management bought a new stake in shares of Dun & Bradstreet during the third quarter valued at approximately $6,822,000. Finally, APG Asset Management N.V. raised its stake in shares of Dun & Bradstreet by 34.3% during the fourth quarter. APG Asset Management N.V. now owns 215,000 shares of the business services provider’s stock valued at $21,201,000 after acquiring an additional 54,900 shares in the last quarter. 90.86% of the stock is owned by institutional investors and hedge funds.

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Dun & Bradstreet Company Profile

The Dun & Bradstreet Corporation is the source of commercial data, analytics and insight on businesses. The Company operates through two segments: Americas, which consists of its operations in the United States and Canada, and Non-Americas, which consists of its operations in the United Kingdom, Greater China, India, and its European and Asia Pacific Worldwide Networks.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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