Dun & Bradstreet (NYSE:DNB) PT Lowered to $21.00

Dun & Bradstreet (NYSE:DNBGet Rating) had its price objective decreased by Needham & Company LLC from $28.00 to $21.00 in a research note issued to investors on Tuesday, The Fly reports. Needham & Company LLC’s price objective suggests a potential upside of 40.28% from the company’s current price.

A number of other equities research analysts have also recently issued reports on DNB. Credit Suisse Group lowered their target price on shares of Dun & Bradstreet from $30.00 to $23.00 and set an “outperform” rating on the stock in a report on Tuesday. Deutsche Bank Aktiengesellschaft started coverage on shares of Dun & Bradstreet in a report on Wednesday, March 30th. They set a “hold” rating and a $20.00 target price on the stock. Barclays cut shares of Dun & Bradstreet from an “overweight” rating to an “equal weight” rating and set a $22.00 target price on the stock. in a report on Monday, January 24th. StockNews.com assumed coverage on Dun & Bradstreet in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, Bank of America assumed coverage on Dun & Bradstreet in a research report on Friday, March 11th. They set an “underperform” rating for the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $22.00.

NYSE:DNB opened at $14.97 on Tuesday. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $6.45 billion, a PE ratio of -87.52, a price-to-earnings-growth ratio of 2.17 and a beta of 0.62. The firm’s 50 day moving average is $16.81 and its 200 day moving average is $18.44. Dun & Bradstreet has a 12 month low of $14.31 and a 12 month high of $23.40.

Dun & Bradstreet (NYSE:DNBGet Rating) last posted its quarterly earnings results on Monday, May 9th. The business services provider reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. The company had revenue of $536.00 million for the quarter, compared to analysts’ expectations of $527.29 million. Dun & Bradstreet had a negative net margin of 3.31% and a positive return on equity of 12.40%. Dun & Bradstreet’s revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.23 EPS. Research analysts predict that Dun & Bradstreet will post 1.09 earnings per share for the current year.

In related news, Director Cannae Holdings, Inc. purchased 21,825,816 shares of the firm’s stock in a transaction on Tuesday, February 15th. The shares were acquired at an average cost of $19.86 per share, with a total value of $433,460,705.76. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 9.30% of the company’s stock.

A number of institutional investors have recently made changes to their positions in DNB. Principal Financial Group Inc. increased its stake in shares of Dun & Bradstreet by 44.2% during the first quarter. Principal Financial Group Inc. now owns 15,554 shares of the business services provider’s stock valued at $273,000 after buying an additional 4,771 shares during the period. Swiss National Bank increased its stake in shares of Dun & Bradstreet by 7.5% during the first quarter. Swiss National Bank now owns 356,900 shares of the business services provider’s stock valued at $6,253,000 after buying an additional 24,900 shares during the period. Teacher Retirement System of Texas boosted its position in shares of Dun & Bradstreet by 6.8% during the first quarter. Teacher Retirement System of Texas now owns 30,987 shares of the business services provider’s stock valued at $543,000 after purchasing an additional 1,985 shares in the last quarter. Brown Advisory Inc. boosted its position in shares of Dun & Bradstreet by 29.8% during the first quarter. Brown Advisory Inc. now owns 29,584 shares of the business services provider’s stock valued at $518,000 after purchasing an additional 6,800 shares in the last quarter. Finally, Mawer Investment Management Ltd. boosted its position in shares of Dun & Bradstreet by 182.1% during the first quarter. Mawer Investment Management Ltd. now owns 15,891,894 shares of the business services provider’s stock valued at $278,426,000 after purchasing an additional 10,257,937 shares in the last quarter. 93.47% of the stock is currently owned by institutional investors and hedge funds.

About Dun & Bradstreet (Get Rating)

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.

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