Dun & Bradstreet Corp.’s (DNB) Market Perform Rating Reaffirmed at William Blair
Dun & Bradstreet Corp. (NYSE:DNB)‘s stock had its “market perform” rating reissued by analysts at William Blair in a research note issued on Monday.
Other equities analysts have also issued reports about the stock. Zacks Investment Research lowered shares of Dun & Bradstreet Corp. from a “buy” rating to a “sell” rating in a report on Tuesday, July 12th. Barclays PLC boosted their price objective on shares of Dun & Bradstreet Corp. from $100.00 to $125.00 and gave the stock an “underweight” rating in a report on Wednesday, August 3rd. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The stock has an average rating of “Hold” and a consensus price target of $122.50.
Dun & Bradstreet Corp. (NYSE:DNB) traded down 0.76% on Monday, reaching $125.29. The company’s stock had a trading volume of 183,723 shares. The company has a market cap of $4.55 billion, a P/E ratio of 24.75 and a beta of 1.32. The firm’s 50-day moving average price is $133.84 and its 200 day moving average price is $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 released its earnings results on Monday, August 1st. The company reported $1.37 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.18 by $0.19. Dun & Bradstreet Corp. had a net margin of 10.99% and a negative return on equity of 23.87%. The firm earned $389.80 million during the quarter, compared to analyst estimates of $394.84 million. During the same period last year, the business earned $1.25 earnings per share. The business’s revenue was up 4.6% on a year-over-year basis. Equities analysts anticipate that Dun & Bradstreet Corp. will post $7.40 EPS for the current fiscal year.
In other Dun & Bradstreet Corp. news, insider Christie Hill sold 15,883 shares of the business’s 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 directly owns 17,333 shares in the company, valued at approximately $2,409,287. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Richard H. Veldran sold 29,158 shares of the business’s stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $139.58, for a total transaction of $4,069,873.64. Following the sale, the chief financial officer now owns 15,367 shares of the company’s stock, valued at $2,144,925.86. The disclosure for this sale can be found here. 0.53% of the stock is currently owned by corporate insiders.
A number of large investors have recently made changes to their positions in DNB. 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 worth $145,000 after buying an additional 1,148 shares in the last quarter. Livingston Group Asset Management CO operating as Southport Capital Management bought a new stake in shares of Dun & Bradstreet Corp. during the second quarter worth $149,000. DekaBank Deutsche Girozentrale raised its stake in shares of Dun & Bradstreet Corp. by 117.3% in the second quarter. DekaBank Deutsche Girozentrale now owns 1,304 shares of the company’s stock worth $156,000 after buying an additional 704 shares in the last quarter. BLB&B Advisors LLC bought a new stake in shares of Dun & Bradstreet Corp. during the third quarter worth $219,000. Finally, Deere & Co. bought a new stake in shares of Dun & Bradstreet Corp. during the second quarter worth $204,000. Institutional investors and hedge funds own 92.26% of the company’s stock.
Dun & Bradstreet Corp. Company Profile
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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