StockNews.com assumed coverage on shares of Dun & Bradstreet (NYSE:DNB - Get Free Report) in a report released on Sunday. The firm set a "hold" rating on the business services provider's stock.
DNB has been the topic of a number of other reports. Jefferies Financial Group reaffirmed a "hold" rating and issued a $9.15 price objective (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. Needham & Company LLC restated a "hold" rating and issued a $14.00 price target on shares of Dun & Bradstreet in a research report on Monday, March 24th. The Goldman Sachs Group dropped their price objective on Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating for the company in a report on Friday, February 21st. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $12.00 target price on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Seven equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $11.86.
Check Out Our Latest Analysis on DNB
Dun & Bradstreet Price Performance
Shares of DNB traded down $0.21 on Friday, hitting $8.95. The company's stock had a trading volume of 75,717,182 shares, compared to its average volume of 5,643,949. The company has a market capitalization of $3.99 billion, a PE ratio of -149.06, a PEG ratio of 2.21 and a beta of 1.14. Dun & Bradstreet has a fifty-two week low of $7.78 and a fifty-two week high of $12.95. The company has a 50 day moving average price of $8.77 and a 200 day moving average price of $10.78. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70.
Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 earnings per share 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 during the quarter, compared to analyst estimates of $658.04 million. On average, research analysts anticipate that Dun & Bradstreet will post 0.96 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Dun & Bradstreet news, Chairman William P. Foley II sold 2,500,000 shares of the business's stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $8.99, for a total value of $22,475,000.00. Following the completion of the sale, the chairman now owns 8,109,644 shares of the company's stock, valued at $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 is available at the SEC website. 10.44% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Dun & Bradstreet
Several hedge funds have recently bought and sold shares of DNB. Amundi lifted its stake in Dun & Bradstreet by 27.9% during the fourth quarter. Amundi now owns 5,158 shares of the business services provider's stock worth $64,000 after purchasing an additional 1,126 shares during the last quarter. Neo Ivy Capital Management bought a new stake in shares of Dun & Bradstreet during the 4th quarter worth $96,000. Vest Financial LLC bought a new stake in shares of Dun & Bradstreet during the 1st quarter worth $106,000. True Link Financial Advisors LLC acquired a new stake in Dun & Bradstreet in the first quarter valued at about $114,000. Finally, Brown Miller Wealth Management LLC bought a new position in Dun & Bradstreet in the first quarter valued at about $122,000. 86.68% of the stock is owned by institutional investors.
About Dun & Bradstreet
(
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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.
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