Dun & Bradstreet (NYSE:DNB) Downgraded by StockNews.com to “Sell”

Dun & Bradstreet (NYSE:DNB) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Monday.

Several other research firms also recently commented on DNB. Needham & Company LLC reaffirmed a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research report on Monday. Jefferies Financial Group decreased their target price on Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, April 12th. Royal Bank of Canada decreased their target price on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a research report on Friday. JPMorgan Chase & Co. increased their price target on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, The Goldman Sachs Group increased their price target on Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $13.73.

Dun & Bradstreet Stock Up 0.5 %

Shares of Dun & Bradstreet stock traded up $0.06 during trading on Monday, reaching $11.88. The stock had a trading volume of 11,913,142 shares, compared to its average volume of 3,754,628. The company has a market capitalization of $5.26 billion, a price-to-earnings ratio of -148.50, a P/E/G ratio of 1.89 and a beta of 1.15. The stock has a fifty day moving average price of $9.72 and a two-hundred day moving average price of $10.11. Dun & Bradstreet has a 52 week low of $8.68 and a 52 week high of $12.75. The company has a current ratio of 0.71, a quick ratio of 0.62 and a debt-to-equity ratio of 1.08.

Dun & Bradstreet (NYSE:DNB) last released its earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. Dun & Bradstreet had a positive return on equity of 11.35% and a negative net margin of 1.42%. The business had revenue of $576.20 million for the quarter, compared to analyst estimates of $580.77 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. Dun & Bradstreet’s revenue was up 3.9% on a year-over-year basis. Sell-side analysts predict that Dun & Bradstreet will post 0.89 EPS for the current fiscal year.

Institutional Trading of Dun & Bradstreet

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Arizona State Retirement System lifted its stake in Dun & Bradstreet by 10.3% in the second quarter. Arizona State Retirement System now owns 79,848 shares of the business services provider’s stock valued at $739,000 after buying an additional 7,466 shares during the period. Victory Capital Management Inc. grew its stake in Dun & Bradstreet by 10.4% in the 2nd quarter. Victory Capital Management Inc. now owns 37,513 shares of the business services provider’s stock valued at $347,000 after purchasing an additional 3,533 shares during the period. Versor Investments LP bought a new position in Dun & Bradstreet in the 2nd quarter valued at $575,000. CIBC Asset Management Inc bought a new position in Dun & Bradstreet in the 2nd quarter valued at $118,000. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of Dun & Bradstreet by 17.9% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 19,633,433 shares of the business services provider’s stock worth $181,806,000 after acquiring an additional 2,983,677 shares during the period. 86.68% of the stock is currently owned by institutional investors.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.