Dun & Bradstreet Corp (NYSE:DNB) has been given an average recommendation of “Hold” by the six brokerages that are presently covering the firm, Marketbeat.com reports. One investment 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 average 1 year price objective among brokers that have covered the stock in the last year is $125.67.
DNB has been the subject of several recent research reports. Zacks Investment Research cut shares of Dun & Bradstreet from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Barclays upgraded shares of Dun & Bradstreet from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $105.00 to $125.00 in a research report on Monday, November 13th. Goldman Sachs Group initiated coverage on shares of Dun & Bradstreet in a research report on Wednesday, November 8th. They issued a “neutral” rating and a $125.00 price target for the company. Robert W. Baird decreased their price target on shares of Dun & Bradstreet from $130.00 to $127.00 and set an “outperform” rating for the company in a research report on Friday, November 3rd. Finally, ValuEngine upgraded shares of Dun & Bradstreet from a “hold” rating to a “buy” rating in a research report on Tuesday.
Large investors have recently bought and sold shares of the company. Cerebellum GP LLC bought a new stake in shares of Dun & Bradstreet in the 4th quarter valued at $128,000. First Mercantile Trust Co. bought a new stake in shares of Dun & Bradstreet in the 4th quarter valued at $184,000. Eagle Ridge Investment Management bought a new stake in shares of Dun & Bradstreet in the 4th quarter valued at $201,000. Moneta Group Investment Advisors LLC bought a new stake in shares of Dun & Bradstreet in the 3rd quarter valued at $204,000. Finally, Nomura Holdings Inc. bought a new stake in shares of Dun & Bradstreet in the 2nd quarter valued at $206,000. 90.86% of the stock is currently owned by institutional investors.
Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings results on Monday, February 12th. The business services provider reported $3.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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 analysts’ expectations of $535.82 million. During the same period in the prior year, the company posted $2.99 EPS. The company’s revenue was up 2.2% on a year-over-year basis. analysts expect that Dun & Bradstreet will post 7.17 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Thursday, February 22nd will be paid a $0.5225 dividend. This is a positive change from Dun & Bradstreet’s previous quarterly dividend of $0.50. This represents a $2.09 dividend on an annualized basis and a dividend yield of 1.73%. Dun & Bradstreet’s dividend payout ratio is currently 38.73%.
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About Dun & Bradstreet
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.
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