Dun & Bradstreet (NYSE:DNB) Receives New Coverage from Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Dun & Bradstreet (NYSE:DNB – Get Rating) in a research report issued on Thursday. The firm set a “hold” rating on the business services provider’s stock.

Several other research firms also recently weighed in on DNB. The Goldman Sachs Group cut their price target on Dun & Bradstreet from $14.00 to $12.00 and set a “neutral” rating for the company in a research note on Friday, February 17th. Wells Fargo & Company cut their price target on Dun & Bradstreet from $20.00 to $17.00 and set an “overweight” rating for the company in a research note on Friday, February 17th. Deutsche Bank Aktiengesellschaft upgraded Dun & Bradstreet from a “hold” rating to a “buy” rating and increased their price target for the stock from $15.00 to $17.00 in a research note on Thursday, February 23rd. Credit Suisse Group cut their target price on Dun & Bradstreet from $17.00 to $14.00 and set an “outperform” rating for the company in a research note on Friday, February 17th. Finally, Raymond James cut their target price on Dun & Bradstreet from $21.00 to $18.00 and set an “outperform” rating for the company in a research note on Friday, February 17th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Dun & Bradstreet has an average rating of “Moderate Buy” and a consensus price target of $15.75.

Dun & Bradstreet Stock Down 0.4 %

Shares of NYSE:DNB opened at $11.06 on Thursday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.64 and a quick ratio of 0.64. The company has a market capitalization of $4.82 billion, a PE ratio of 11.54, a price-to-earnings-growth ratio of 1.61 and a beta of 0.97. Dun & Bradstreet has a 1 year low of $10.79 and a 1 year high of $18.05. The business has a fifty day moving average price of $13.03 and a two-hundred day moving average price of $13.08.

Dun & Bradstreet (NYSE:DNB – Get Rating) last posted its quarterly earnings results on Thursday, February 16th. The business services provider reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). The firm had revenue of $595.00 million for the quarter, compared to the consensus estimate of $591.03 million. Dun & Bradstreet had a positive return on equity of 11.67% and a negative net margin of 0.10%. The firm’s revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS. Analysts forecast that Dun & Bradstreet will post 0.87 earnings per share for the current year.

Hedge Funds Weigh In On Dun & Bradstreet

Large investors have recently modified their holdings of the company. Teacher Retirement System of Texas raised its holdings in shares of Dun & Bradstreet by 83.8% during the 3rd quarter. Teacher Retirement System of Texas now owns 56,840 shares of the business services provider’s stock valued at $704,000 after buying an additional 25,918 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Dun & Bradstreet by 75.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 13,321,481 shares of the business services provider’s stock valued at $165,052,000 after buying an additional 5,713,247 shares in the last quarter. Advisory Research Inc. raised its holdings in shares of Dun & Bradstreet by 10.3% during the 3rd quarter. Advisory Research Inc. now owns 103,775 shares of the business services provider’s stock valued at $1,286,000 after buying an additional 9,725 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Dun & Bradstreet by 3.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 15,987,692 shares of the business services provider’s stock valued at $198,088,000 after buying an additional 527,550 shares in the last quarter. Finally, Bank of Nova Scotia raised its holdings in shares of Dun & Bradstreet by 9.1% during the 2nd quarter. Bank of Nova Scotia now owns 41,786 shares of the business services provider’s stock valued at $628,000 after buying an additional 3,489 shares in the last quarter. 85.36% of the stock is owned by hedge funds and other institutional investors.

Dun & Bradstreet Company Profile

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Dun & Bradstreet Holdings, Inc provides business decisioning 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 powerful 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 InfoTorg, an online SaaS application.