Dun & Bradstreet Corp.’s (DNB) “Market Perform” Rating Reiterated at William Blair
Dun & Bradstreet Corp. (NYSE:DNB)‘s stock had its “market perform” rating restated by analysts at William Blair in a note issued to investors on Monday.
Several other analysts also recently commented on the stock. Zacks Investment Research raised shares of Dun & Bradstreet Corp. from a “sell” rating to a “hold” rating in a research report on Thursday, August 4th. Barclays PLC increased their target price on Dun & Bradstreet Corp. from $100.00 to $125.00 and gave the stock an “underweight” rating in a report on Wednesday, August 3rd. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $122.50.
Dun & Bradstreet Corp. (NYSE:DNB) traded down 0.76% during trading on Monday, hitting $125.29. 183,723 shares of the company’s stock traded hands. The company’s 50 day moving average price is $133.84 and its 200 day moving average price is $125.81. Dun & Bradstreet Corp. has a 52-week low of $85.99 and a 52-week high of $141.57. The company has a market cap of $4.55 billion, a PE ratio of 24.75 and a beta of 1.32.
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Dun & Bradstreet Corp. (NYSE:DNB) last announced its quarterly earnings data on Monday, August 1st. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.18 by $0.19. The company earned $389.80 million during the quarter, compared to the consensus estimate of $394.84 million. Dun & Bradstreet Corp. had a net margin of 10.99% and a negative return on equity of 23.87%. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.25 EPS. Analysts expect that Dun & Bradstreet Corp. will post $7.40 earnings per share for the current year.
In other Dun & Bradstreet Corp. news, insider Christie Hill sold 15,883 shares of the firm’s stock in a transaction on Wednesday, August 3rd. The stock was sold at an average price of $139.00, for a total transaction of $2,207,737.00. Following the transaction, the insider now directly owns 17,333 shares in the company, valued at approximately $2,409,287. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Richard H. Veldran sold 29,158 shares of the firm’s stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $139.58, for a total value of $4,069,873.64. Following the transaction, the chief financial officer now owns 15,367 shares in the company, valued at $2,144,925.86. The disclosure for this sale can be found here. 0.53% of the stock is owned by corporate insiders.
A number of institutional investors have recently modified their holdings of the stock. IFP Advisors Inc boosted its position in shares of Dun & Bradstreet Corp. by 2,669.8% in the second quarter. IFP Advisors Inc now owns 1,191 shares of the company’s stock valued at $145,000 after buying an additional 1,148 shares during the period. Livingston Group Asset Management CO operating as Southport Capital Management bought a new position in shares of Dun & Bradstreet Corp. during the second quarter valued at $149,000. DekaBank Deutsche Girozentrale boosted its position in shares of Dun & Bradstreet Corp. by 117.3% in the second quarter. DekaBank Deutsche Girozentrale now owns 1,304 shares of the company’s stock valued at $156,000 after buying an additional 704 shares during the period. Deere & Co. bought a new position in shares of Dun & Bradstreet Corp. during the second quarter valued at $204,000. Finally, BOKF NA bought a new position in shares of Dun & Bradstreet Corp. during the second quarter valued at $205,000. Institutional investors and hedge funds own 92.26% of the company’s stock.
About Dun & Bradstreet Corp.
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, Canada and Latin America, and Non-Americas, which consists of its operations in the United Kingdom, the Netherlands, Belgium, Greater China and India.
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