Dun & Bradstreet (NYSE:DNB) Given “Hold” Rating at Jefferies Financial Group

Jefferies Financial Group restated their hold rating on shares of Dun & Bradstreet (NYSE:DNB) in a research report sent to investors on Tuesday morning,Benzinga reports. The brokerage currently has a $9.15 target price on the business services provider’s stock, down from their previous target price of $11.00.

Several other brokerages also recently commented on DNB. Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 target price on shares of Dun & Bradstreet in a report on Wednesday, January 29th. The Goldman Sachs Group dropped their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research note on Friday, February 21st. Finally, Needham & Company LLC restated a “hold” rating and issued a $14.00 target price on shares of Dun & Bradstreet in a research note on Monday. Seven investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.86.

Dun & Bradstreet Trading Down 0.3 %

Shares of DNB stock opened at $8.96 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 1.06. Dun & Bradstreet has a fifty-two week low of $7.78 and a fifty-two week high of $12.95. The firm’s 50 day moving average price is $10.13 and its two-hundred day moving average price is $11.25. The stock has a market cap of $3.96 billion, a price-to-earnings ratio of -149.31, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19.

Dun & Bradstreet (NYSE:DNB) last posted 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). Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The business had revenue of $631.90 million for the quarter, compared to analyst estimates of $658.04 million. On average, analysts anticipate that Dun & Bradstreet will post 0.96 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.23%. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -333.33%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in DNB. Amundi increased its position in shares of Dun & Bradstreet by 27.9% in the 4th 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. Cetera Investment Advisers increased its holdings in Dun & Bradstreet by 5.5% in the fourth quarter. Cetera Investment Advisers now owns 23,843 shares of the business services provider’s stock valued at $297,000 after buying an additional 1,240 shares during the last quarter. Xponance Inc. raised its stake in Dun & Bradstreet by 16.5% during the fourth quarter. Xponance Inc. now owns 13,252 shares of the business services provider’s stock valued at $165,000 after buying an additional 1,881 shares in the last quarter. Cerity Partners LLC raised its stake in Dun & Bradstreet by 10.1% during the fourth quarter. Cerity Partners LLC now owns 20,771 shares of the business services provider’s stock valued at $259,000 after buying an additional 1,909 shares in the last quarter. Finally, Truist Financial Corp lifted its holdings in Dun & Bradstreet by 8.7% during the 4th quarter. Truist Financial Corp now owns 24,420 shares of the business services provider’s stock worth $304,000 after buying an additional 1,958 shares during the last quarter. 86.68% of the stock is currently owned by institutional investors.

About Dun & Bradstreet

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.