Dun & Bradstreet’s (DNB) Hold Rating Reaffirmed at Jefferies Financial Group

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

Other analysts have also issued reports about the stock. Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 price target on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Needham & Company LLC reissued a “hold” rating and set a $14.00 price target on shares of Dun & Bradstreet in a research report on Monday. Finally, The Goldman Sachs Group reduced their price objective 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. Seven equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, Dun & Bradstreet has a consensus rating of “Hold” and a consensus price target of $11.86.

Dun & Bradstreet Stock Performance

DNB opened at $8.96 on Tuesday. Dun & Bradstreet has a 1-year low of $7.78 and a 1-year high of $12.95. The stock has a market cap of $3.96 billion, a P/E ratio of -149.31, a P/E/G ratio of 2.21 and a beta of 1.19. The stock’s 50 day simple moving average is $10.13 and its 200 day simple moving average is $11.25. 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 (NYSE:DNB) last announced its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $631.90 million during the quarter, compared to analysts’ expectations of $658.04 million. As a group, equities analysts anticipate that Dun & Bradstreet will post 0.96 EPS for the current fiscal year.

Dun & Bradstreet Announces Dividend

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

Hedge Funds Weigh In On Dun & Bradstreet

Large investors have recently added to or reduced their stakes in the business. Azora Capital LP lifted its holdings in shares of Dun & Bradstreet by 119.8% during the 3rd quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock worth $91,773,000 after acquiring an additional 4,346,033 shares during the period. Norges Bank acquired a new position in Dun & Bradstreet during the fourth quarter worth approximately $42,016,000. Raymond James Financial Inc. purchased a new position in Dun & Bradstreet during the fourth quarter worth approximately $26,817,000. FMR LLC grew its stake in shares of Dun & Bradstreet by 17.8% during the 3rd quarter. FMR LLC now owns 11,465,075 shares of the business services provider’s stock valued at $131,963,000 after buying an additional 1,733,220 shares during the period. Finally, Contour Asset Management LLC acquired a new stake in shares of Dun & Bradstreet during the 4th quarter worth $17,018,000. 86.68% of the stock is currently owned by hedge funds and other 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.