Dun & Bradstreet’s (DNB) “Hold” Rating Reiterated at Needham & Company LLC

Needham & Company LLC reiterated their hold rating on shares of Dun & Bradstreet (NYSE:DNB) in a research report report published on Monday, Marketbeat.com reports. They currently have a $14.00 price target on the business services provider’s stock.

A number of other equities analysts have also recently weighed in on DNB. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. The Goldman Sachs Group lowered their price target on 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 investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Dun & Bradstreet presently has an average rating of “Hold” and an average target price of $11.86.

Dun & Bradstreet Stock Down 0.1 %

DNB stock opened at $8.95 on Monday. The firm has a market cap of $3.95 billion, a PE ratio of -149.06, a PEG ratio of 2.21 and a beta of 1.19. Dun & Bradstreet has a one year low of $7.78 and a one year high of $12.95. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65. The firm’s 50 day moving average price is $10.08 and its 200-day moving average price is $11.24.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.05). The business had revenue of $631.90 million during the quarter, compared to analyst estimates of $658.04 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. On average, equities research analysts anticipate that Dun & Bradstreet will post 0.96 EPS for the current year.

Dun & Bradstreet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend was Thursday, March 6th. Dun & Bradstreet’s payout ratio is currently -333.33%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DNB. Amundi boosted its stake in shares of Dun & Bradstreet by 27.9% in the 4th quarter. Amundi now owns 5,158 shares of the business services provider’s stock valued at $64,000 after buying an additional 1,126 shares during the period. Neo Ivy Capital Management acquired a new stake in Dun & Bradstreet in the fourth quarter valued at approximately $96,000. Paloma Partners Management Co purchased a new position in Dun & Bradstreet in the third quarter worth approximately $117,000. Y Intercept Hong Kong Ltd acquired a new position in Dun & Bradstreet during the 3rd quarter worth approximately $120,000. Finally, Empowered Funds LLC purchased a new stake in shares of Dun & Bradstreet in the 4th quarter valued at 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.