Dun & Bradstreet (NYSE:DNB) Given Hold Rating at Needham & Company LLC

Needham & Company LLC reissued their hold rating on shares of Dun & Bradstreet (NYSE:DNB) in a report issued on Monday morning,Benzinga reports. They currently have a $14.00 price objective on the business services provider’s stock.

Other analysts have also recently issued reports about the company. Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 price target on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. The Goldman Sachs Group dropped their target price on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research report on Friday, February 21st. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $12.50.

Dun & Bradstreet Stock Performance

Shares of DNB opened at $8.99 on Monday. The stock has a market capitalization of $3.97 billion, a PE ratio of -149.73, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. The business’s fifty day moving average price is $10.17 and its 200 day moving average price is $11.27. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70. Dun & Bradstreet has a 12-month low of $7.78 and a 12-month high of $12.95.

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

Dun & Bradstreet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were paid a $0.05 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.20 annualized dividend and a dividend yield of 2.23%. Dun & Bradstreet’s payout ratio is -333.33%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Massachusetts Financial Services Co. MA increased its holdings in shares of Dun & Bradstreet by 2.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider’s stock valued at $719,863,000 after buying an additional 1,275,959 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Dun & Bradstreet by 8.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider’s stock valued at $219,566,000 after buying an additional 1,350,263 shares in the last quarter. FMR LLC boosted its holdings in shares of Dun & Bradstreet by 9.7% in the fourth quarter. FMR LLC now owns 12,575,015 shares of the business services provider’s stock worth $156,685,000 after buying an additional 1,109,940 shares during the period. Azora Capital LP boosted its holdings in shares of Dun & Bradstreet by 15.6% in the fourth quarter. Azora Capital LP now owns 9,213,826 shares of the business services provider’s stock worth $114,804,000 after buying an additional 1,240,472 shares during the period. Finally, State Street Corp increased its position in shares of Dun & Bradstreet by 9.8% in the third quarter. State Street Corp now owns 5,227,336 shares of the business services provider’s stock worth $60,167,000 after acquiring an additional 468,027 shares in 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.