Dun & Bradstreet Corp. (DNB) Given Average Recommendation of “Hold” by Brokerages
Shares of Dun & Bradstreet Corp. (NYSE:DNB) have been assigned a consensus rating of “Hold” from the five brokerages that are covering the company. Two research analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $117.33.
Several equities research analysts recently commented on the stock. Zacks Investment Research cut shares of Dun & Bradstreet Corp. from a “buy” rating to a “sell” rating in a research report on Tuesday, July 12th. William Blair reaffirmed a “market perform” rating on shares of Dun & Bradstreet Corp. in a research report on Monday. Finally, Barclays PLC boosted their price objective on shares of Dun & Bradstreet Corp. from $100.00 to $125.00 and gave the company an “underweight” rating in a research report on Wednesday, August 3rd.
Dun & Bradstreet Corp. (NYSE:DNB) traded up 0.24% during midday trading on Tuesday, reaching $125.59. 89,043 shares of the company’s stock were exchanged. The company has a market cap of $4.56 billion, a price-to-earnings ratio of 24.81 and a beta of 1.32. The firm has a 50-day moving average price of $133.84 and a 200 day moving average price of $125.81. Dun & Bradstreet Corp. has a 52 week low of $85.99 and a 52 week high of $141.57.
Dun & Bradstreet Corp. (NYSE:DNB) last posted its quarterly earnings data on Monday, August 1st. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.18 by $0.19. The business had revenue of $389.80 million for the quarter, compared to analysts’ expectations of $394.84 million. Dun & Bradstreet Corp. had a net margin of 10.99% and a negative return on equity of 23.87%. The firm’s revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.25 EPS. Analysts anticipate that Dun & Bradstreet Corp. will post $7.40 EPS for the current year.
In other Dun & Bradstreet Corp. news, CFO Richard H. Veldran sold 29,158 shares of Dun & Bradstreet Corp. stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $139.58, for a total value of $4,069,873.64. Following the sale, the chief financial officer now directly owns 15,367 shares in the company, valued at approximately $2,144,925.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Christie Hill sold 15,883 shares of Dun & Bradstreet Corp. stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $139.00, for a total transaction of $2,207,737.00. Following the completion of the sale, the insider now owns 17,333 shares in the company, valued at $2,409,287. The disclosure for this sale can be found here. 0.53% of the stock is currently owned by company insiders.
A number of large investors have recently modified their holdings of the stock. IFP Advisors Inc raised its stake in shares of Dun & Bradstreet Corp. by 2,669.8% in the second quarter. IFP Advisors Inc now owns 1,191 shares of the company’s stock valued at $145,000 after buying an additional 1,148 shares during the last quarter. Livingston Group Asset Management CO operating as Southport Capital Management purchased a new position in Dun & Bradstreet Corp. during the second quarter valued at $149,000. DekaBank Deutsche Girozentrale raised its position in Dun & Bradstreet Corp. by 117.3% in the second quarter. DekaBank Deutsche Girozentrale now owns 1,304 shares of the company’s stock valued at $156,000 after buying an additional 704 shares in the last quarter. BLB&B Advisors LLC purchased a new position in Dun & Bradstreet Corp. during the third quarter valued at $219,000. Finally, Deere & Co. purchased a new position in Dun & Bradstreet Corp. during the second quarter valued at $204,000. Hedge funds and other institutional investors own 92.26% of the company’s stock.
About Dun & Bradstreet Corp.
The Dun & Bradstreet Corporation is the source of commercial data, analytics and insight on businesses. The Company operates through two segments: Americas, which consists of its operations in the United States, Canada and Latin America, and Non-Americas, which consists of its operations in the United Kingdom, the Netherlands, Belgium, Greater China and India.
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