Dun & Bradstreet (NYSE:DNB) Upgraded at StockNews.com

Dun & Bradstreet (NYSE:DNB) was upgraded by investment analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Wednesday.

Other analysts have also recently issued research reports about the stock. Royal Bank of Canada decreased their price target on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a research note on Friday, August 2nd. Barclays raised their target price on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Needham & Company LLC restated a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research note on Monday, August 5th. JPMorgan Chase & Co. raised their target price on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Finally, The Goldman Sachs Group raised their target price on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Five analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $13.85.

Dun & Bradstreet Stock Performance

Shares of NYSE:DNB opened at $11.51 on Wednesday. Dun & Bradstreet has a 52 week low of $8.68 and a 52 week high of $12.75. The company’s 50 day moving average is $11.58 and its two-hundred day moving average is $10.33. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 1.08. The company has a market cap of $5.09 billion, a PE ratio of -143.81, a P/E/G ratio of 2.67 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB) last posted its earnings results on Thursday, August 1st. The business services provider reported $0.23 EPS for the quarter, meeting analysts’ consensus estimates of $0.23. The firm had revenue of $576.20 million for the quarter, compared to the consensus estimate of $580.77 million. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. The company’s revenue was up 3.9% on a year-over-year basis. During the same period last year, the firm posted $0.17 EPS. Equities analysts predict that Dun & Bradstreet will post 0.89 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Dun & Bradstreet

A number of hedge funds and other institutional investors have recently modified their holdings of DNB. Treasurer of the State of North Carolina grew its holdings in shares of Dun & Bradstreet by 1.0% during the fourth quarter. Treasurer of the State of North Carolina now owns 120,806 shares of the business services provider’s stock worth $1,413,000 after buying an additional 1,180 shares in the last quarter. Campbell & CO Investment Adviser LLC boosted its position in shares of Dun & Bradstreet by 132.3% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 98,309 shares of the business services provider’s stock worth $1,150,000 after acquiring an additional 55,994 shares during the last quarter. Capital International Investors boosted its position in shares of Dun & Bradstreet by 0.8% in the fourth quarter. Capital International Investors now owns 12,496,509 shares of the business services provider’s stock worth $146,209,000 after acquiring an additional 97,427 shares during the last quarter. Vulcan Value Partners LLC boosted its position in shares of Dun & Bradstreet by 6.3% in the fourth quarter. Vulcan Value Partners LLC now owns 3,471,010 shares of the business services provider’s stock worth $40,611,000 after acquiring an additional 206,483 shares during the last quarter. Finally, Hawk Ridge Capital Management LP boosted its position in shares of Dun & Bradstreet by 24.2% in the fourth quarter. Hawk Ridge Capital Management LP now owns 5,768,863 shares of the business services provider’s stock worth $67,496,000 after acquiring an additional 1,123,400 shares during the last quarter. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business 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 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 D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.