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.
ILLEGAL ACTIVITY NOTICE: This article was originally published by Transcript Daily and is the property of of Transcript Daily. If you are reading this article on another site, it was illegally stolen and republished in violation of U.S. and international trademark & copyright law. The legal version of this article can be viewed at https://transcriptdaily.com/2018/02/14/dun-bradstreet-dnb-stock-rating-upgraded-by-valuengine.html.
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.
Receive News & Ratings for Dun & Bradstreet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dun & Bradstreet and related companies with MarketBeat.com's FREE daily email newsletter.