Dun & Bradstreet’s (DNB) Hold Rating Reiterated at Jefferies Financial Group

Dun & Bradstreet (NYSE:DNB)‘s stock had its “hold” rating reaffirmed by equities research analysts at Jefferies Financial Group in a note issued to investors on Tuesday,Benzinga reports. They presently have a $9.15 target price on the business services provider’s stock, down from their prior target price of $11.00. Jefferies Financial Group’s target price suggests a potential upside of 1.84% from the company’s current price.

Other equities analysts have also issued reports about the company. Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Needham & Company LLC reiterated a “hold” rating and issued a $14.00 target price on shares of Dun & Bradstreet in a report on Monday. Finally, The Goldman Sachs Group reduced their price objective on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a research note on Friday, February 21st. Seven equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, Dun & Bradstreet has a consensus rating of “Hold” and an average price target of $11.86.

Dun & Bradstreet Trading Up 2.9 %

Shares of DNB opened at $8.99 on Tuesday. The business’s fifty day moving average is $10.17 and its 200-day moving average is $11.27. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of -149.73, a PEG 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. Dun & Bradstreet has a 52-week low of $7.78 and a 52-week high of $12.95.

Dun & Bradstreet (NYSE:DNB) last issued its earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). The firm had revenue of $631.90 million during the quarter, compared to analyst estimates of $658.04 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. Equities analysts anticipate that Dun & Bradstreet will post 0.96 EPS for the current fiscal year.

Institutional Trading of Dun & Bradstreet

Large investors have recently modified their holdings of the company. Azora Capital LP raised its position in shares of Dun & Bradstreet by 119.8% during the 3rd quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock valued at $91,773,000 after purchasing an additional 4,346,033 shares during the period. Norges Bank bought a new stake in Dun & Bradstreet during the fourth quarter valued at about $42,016,000. Raymond James Financial Inc. purchased a new position in shares of Dun & Bradstreet in the fourth quarter valued at about $26,817,000. FMR LLC boosted its stake in shares of Dun & Bradstreet by 17.8% in the third quarter. FMR LLC now owns 11,465,075 shares of the business services provider’s stock worth $131,963,000 after acquiring an additional 1,733,220 shares during the period. Finally, Contour Asset Management LLC purchased a new stake in shares of Dun & Bradstreet during the fourth quarter worth about $17,018,000. Institutional investors own 86.68% of the company’s stock.

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.