Dun & Bradstreet (NYSE:DNB) Given New $11.00 Price Target at The Goldman Sachs Group

Dun & Bradstreet (NYSE:DNB - Free Report) had its price target lowered by The Goldman Sachs Group from $12.80 to $11.00 in a research report sent to investors on Friday morning,Benzinga reports. The firm currently has a neutral rating on the business services provider's stock.

A number of other equities research analysts also recently issued reports on DNB. Needham & Company LLC cut their target price on shares of Dun & Bradstreet from $17.00 to $14.00 and set a "buy" rating for the company in a research report on Friday. Royal Bank of Canada reiterated a "sector perform" rating and set a $12.00 price objective on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Dun & Bradstreet has a consensus rating of "Hold" and an average price target of $12.50.

Dun & Bradstreet Stock Down 1.1 %

Shares of DNB stock traded down $0.11 on Friday, reaching $9.13. 3,817,937 shares of the company's stock traded hands, compared to its average volume of 4,100,501. The company has a market capitalization of $4.03 billion, a P/E ratio of -152.06, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14. Dun & Bradstreet has a 12-month low of $8.77 and a 12-month high of $12.94. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65. The business's 50 day moving average price is $11.57 and its two-hundred day moving average price is $11.74.

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Dun & Bradstreet (NYSE:DNB - Get Free Report) last released its earnings results 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). The business had revenue of $631.90 million for the quarter, compared to analysts' expectations of $658.04 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. On average, equities analysts forecast that Dun & Bradstreet will post 0.96 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend is Thursday, March 6th. Dun & Bradstreet's payout ratio is presently -333.33%.

Hedge Funds Weigh In On Dun & Bradstreet

Several institutional investors have recently bought and sold shares of the stock. Blue Trust Inc. increased its holdings in shares of Dun & Bradstreet by 28.2% during the 3rd quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider's stock valued at $67,000 after acquiring an additional 1,284 shares during the last quarter. Raymond James & Associates boosted its position in Dun & Bradstreet by 8.6% during the third quarter. Raymond James & Associates now owns 1,542,456 shares of the business services provider's stock worth $17,754,000 after purchasing an additional 122,460 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in Dun & Bradstreet during the third quarter valued at approximately $180,000. Harbor Capital Advisors Inc. raised its position in shares of Dun & Bradstreet by 96.2% in the third quarter. Harbor Capital Advisors Inc. now owns 1,166,781 shares of the business services provider's stock valued at $13,430,000 after purchasing an additional 572,079 shares during the period. Finally, Innealta Capital LLC lifted its stake in shares of Dun & Bradstreet by 56.7% in the third quarter. Innealta Capital LLC now owns 17,577 shares of the business services provider's stock worth $202,000 after buying an additional 6,363 shares during the last quarter. 86.68% of the stock is currently owned by 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.