Dun & Bradstreet's (DNB) Hold Rating Reiterated at Needham & Company LLC

Dun & Bradstreet (NYSE:DNB - Get Free Report)'s stock had its "hold" rating reiterated by stock analysts at Needham & Company LLC in a report issued on Monday, MarketBeat Ratings reports. They presently have a $14.00 price objective on the business services provider's stock. Needham & Company LLC's target price points to a potential upside of 56.86% from the stock's current price.

Several other brokerages also recently commented on DNB. The Goldman Sachs Group lowered their price objective on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a research report on Friday, February 21st. Royal Bank of Canada reiterated a "sector perform" rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating and seven have issued a hold rating to the company. Based on data from MarketBeat, Dun & Bradstreet currently has an average rating of "Hold" and an average price target of $11.86.

Dun & Bradstreet Stock Performance

Shares of DNB stock traded down $0.02 during mid-day trading on Monday, reaching $8.93. 6,470,418 shares of the company's stock traded hands, compared to its average volume of 3,906,934. Dun & Bradstreet has a 12 month low of $7.78 and a 12 month high of $12.95. The firm has a 50 day moving average price of $10.03 and a two-hundred day moving average price of $11.22. The firm has a market capitalization of $3.94 billion, a PE ratio of -148.73, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65.

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Dun & Bradstreet (NYSE:DNB - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.05). Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The company had revenue of $631.90 million for the quarter, compared to the consensus estimate of $658.04 million. On average, research analysts forecast that Dun & Bradstreet will post 0.96 EPS for the current year.

Insider Buying and Selling

In other news, Chairman William P. Foley II sold 2,500,000 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $8.99, for a total transaction of $22,475,000.00. Following the transaction, the chairman now 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 10.44% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DNB. Amundi lifted its holdings in shares of Dun & Bradstreet by 27.9% in the 4th quarter. Amundi now owns 5,158 shares of the business services provider's stock worth $64,000 after acquiring an additional 1,126 shares during the last quarter. Neo Ivy Capital Management purchased a new position in shares of Dun & Bradstreet during the fourth quarter valued at approximately $96,000. Paloma Partners Management Co bought a new position in shares of Dun & Bradstreet during the third quarter valued at approximately $117,000. Empowered Funds LLC purchased a new stake in shares of Dun & Bradstreet in the fourth quarter worth approximately $127,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in Dun & Bradstreet during the 3rd quarter valued at $120,000. 86.68% of the stock is owned by hedge funds and other institutional investors.

Dun & Bradstreet Company Profile

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.