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

StockNews.com lowered shares of Dun & Bradstreet (NYSE:DNB) from a hold rating to a sell rating in a research note issued to investors on Friday morning.

Other equities research analysts have also issued reports about the stock. Barclays increased their target price on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an equal weight rating in a report on Friday. Needham & Company LLC reiterated a buy rating and set a $17.00 target price on shares of Dun & Bradstreet in a report on Monday, August 5th. JPMorgan Chase & Co. boosted their target price on Dun & Bradstreet from $11.00 to $13.00 and gave the company a neutral rating in a research note on Monday, August 5th. The Goldman Sachs Group raised 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, August 5th. Finally, Royal Bank of Canada cut their price objective on Dun & Bradstreet from $15.00 to $12.00 and set a sector perform rating on the stock in a report on Friday, August 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of Hold and an average price target of $13.85.

Dun & Bradstreet Stock Up 0.5 %

Shares of Dun & Bradstreet stock opened at $11.66 on Friday. Dun & Bradstreet has a 12 month low of $8.68 and a 12 month high of $12.75. The business has a fifty day simple moving average of $11.26 and a 200 day simple moving average of $10.25. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 1.08. The stock has a market cap of $5.16 billion, a PE ratio of -145.75, a price-to-earnings-growth ratio of 2.14 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB) last posted 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. The company had revenue of $576.20 million during the quarter, compared to analyst estimates of $580.77 million. Dun & Bradstreet had a positive return on equity of 11.35% and a negative net margin of 1.42%. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.17 EPS. Research analysts predict that Dun & Bradstreet will post 0.89 EPS for the current year.

Dun & Bradstreet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 19th. Investors of record on Thursday, September 5th will be issued a dividend of $0.05 per share. The ex-dividend date is Thursday, September 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.72%. Dun & Bradstreet’s payout ratio is presently -250.00%.

Institutional Trading of Dun & Bradstreet

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Massachusetts Financial Services Co. MA grew its position in Dun & Bradstreet by 13.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 53,353,508 shares of the business services provider’s stock valued at $494,053,000 after purchasing an additional 6,375,371 shares in the last quarter. Vanguard Group Inc. raised its holdings in Dun & Bradstreet by 3.3% during the first quarter. Vanguard Group Inc. now owns 27,428,272 shares of the business services provider’s stock worth $275,380,000 after acquiring an additional 868,621 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in Dun & Bradstreet by 17.9% during the second quarter. Allspring Global Investments Holdings LLC now owns 19,633,433 shares of the business services provider’s stock valued at $181,806,000 after purchasing an additional 2,983,677 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Dun & Bradstreet by 14.1% in the second quarter. Dimensional Fund Advisors LP now owns 14,665,247 shares of the business services provider’s stock valued at $135,796,000 after purchasing an additional 1,809,638 shares in the last quarter. Finally, Capital International Investors increased its position in shares of Dun & Bradstreet by 11.2% during the 1st quarter. Capital International Investors now owns 13,899,046 shares of the business services provider’s stock worth $139,546,000 after purchasing an additional 1,402,537 shares during the last quarter. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Dun & Bradstreet Company Profile

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.