Dun & Bradstreet (NYSE:DNB) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Dun & Bradstreet (NYSE:DNB) in a research note published on Tuesday morning. The firm issued a hold rating on the business services provider’s stock.

Other equities analysts also recently issued research reports about the stock. Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Needham & Company LLC reiterated a “hold” rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Jefferies Financial Group restated a “hold” rating and issued a $9.15 price target (down previously from $11.00) on shares of Dun & Bradstreet in a research report on Tuesday, March 25th. Finally, The Goldman Sachs Group reduced their price target on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research report on Friday, February 21st. Seven analysts have rated the stock with a hold rating, According to data from MarketBeat, Dun & Bradstreet currently has a consensus rating of “Hold” and an average price target of $11.86.

Dun & Bradstreet Price Performance

Shares of Dun & Bradstreet stock opened at $8.97 on Tuesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70. The company has a 50-day moving average of $8.76 and a 200 day moving average of $10.58. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of -149.48, a PEG ratio of 2.21 and a beta of 1.14. Dun & Bradstreet has a 1 year low of $7.78 and a 1 year high of $12.95.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, May 1st. The business services provider reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.01. The business had revenue of $579.80 million during the quarter, compared to analyst estimates of $578.02 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. Dun & Bradstreet’s revenue was up 2.7% compared to the same quarter last year. During the same period last year, the business earned $0.20 EPS. As a group, sell-side analysts anticipate that Dun & Bradstreet will post 0.96 earnings per share for the current fiscal year.

Insider Activity

In other Dun & Bradstreet news, Director Chinh Chu sold 10,885,403 shares of the stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $8.95, for a total transaction of $97,424,356.85. Following the completion of the sale, the director now directly owns 23,810 shares of the company’s stock, valued at approximately $213,099.50. This represents a 99.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Chairman William P. Foley II sold 2,500,000 shares of the stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $8.99, for a total transaction of $22,475,000.00. Following the sale, the chairman now directly owns 8,109,644 shares of the company’s stock, valued at approximately $72,905,699.56. The trade was a 23.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,885,403 shares of company stock valued at $142,299,357. 10.44% of the stock is currently owned by company insiders.

Institutional Trading of Dun & Bradstreet

Several hedge funds have recently modified their holdings of the company. Norges Bank acquired a new position in shares of Dun & Bradstreet during the fourth quarter valued at about $42,016,000. Raymond James Financial Inc. purchased a new stake in Dun & Bradstreet in the 4th quarter worth approximately $26,817,000. Dimensional Fund Advisors LP lifted its position in shares of Dun & Bradstreet by 11.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 19,628,905 shares of the business services provider’s stock valued at $175,482,000 after buying an additional 2,006,587 shares in the last quarter. Vulcan Value Partners LLC lifted its position in shares of Dun & Bradstreet by 50.3% during the 1st quarter. Vulcan Value Partners LLC now owns 4,103,360 shares of the business services provider’s stock valued at $36,684,000 after buying an additional 1,373,476 shares in the last quarter. Finally, Contour Asset Management LLC purchased a new position in shares of Dun & Bradstreet during the 4th quarter valued at approximately $17,018,000. 86.68% of the stock is owned by hedge funds and other institutional investors.

About Dun & Bradstreet

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.