Dun & Bradstreet Corp. (DNB) Upgraded to Hold at Zacks Investment Research
According to Zacks, “Dun & Bradstreet is expected to benefit from its high-margin business model and strong product portfolio. DNB’s partnerships with big players have also helped it bring many more customers into the fold. Plus, D&B is well-positioned to gain from its strategic acquisitions and alliances. The company’s focus on expanding analytics capabilities is also a positive. Though D&B’s Americas business remains strong, but the international business continues to be a drag on financials. Stiff competition, weak DNBi business and high debt are other areas of concerns.”
A number of other equities research analysts have also recently issued reports on DNB. Barclays PLC upped their price target on shares of Dun & Bradstreet Corp. from $100.00 to $125.00 and gave the company an underweight rating in a report on Wednesday, August 3rd. William Blair reaffirmed a market perform rating on shares of Dun & Bradstreet Corp. in a research report on Monday, October 17th.
Shares of Dun & Bradstreet Corp. (NYSE:DNB) opened at 122.33 on Monday. The stock has a 50 day moving average price of $122.54 and a 200-day moving average price of $128.56. Dun & Bradstreet Corp. has a 52-week low of $85.99 and a 52-week high of $141.57. The stock has a market capitalization of $4.50 billion, a PE ratio of 46.76 and a beta of 1.45.
Dun & Bradstreet Corp. (NYSE:DNB) last released its quarterly earnings results on Tuesday, November 1st. The company reported $1.79 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.75 by $0.04. Dun & Bradstreet Corp. had a net margin of 5.70% and a negative return on equity of 24.33%. The company earned $412.80 million during the quarter, compared to analysts’ expectations of $423.62 million. During the same period in the prior year, the company earned $1.62 earnings per share. The business’s quarterly revenue was up 1.6% compared to the same quarter last year. On average, equities research analysts anticipate that Dun & Bradstreet Corp. will post $7.38 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 9th. Investors of record on Wednesday, November 23rd will be given a $0.4825 dividend. This represents a $1.93 annualized dividend and a yield of 1.58%. The ex-dividend date is Monday, November 21st. Dun & Bradstreet Corp.’s dividend payout ratio (DPR) is presently 73.11%.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Legal & General Group Plc raised its position in Dun & Bradstreet Corp. by 2.4% in the first quarter. Legal & General Group Plc now owns 151,365 shares of the company’s stock valued at $15,603,000 after buying an additional 3,523 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its position in Dun & Bradstreet Corp. by 0.4% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 10,425 shares of the company’s stock valued at $1,076,000 after buying an additional 39 shares during the period. BlueMountain Capital Management LLC raised its position in Dun & Bradstreet Corp. by 128.1% in the first quarter. BlueMountain Capital Management LLC now owns 6,456 shares of the company’s stock valued at $665,000 after buying an additional 3,626 shares during the period. British Columbia Investment Management Corp raised its position in Dun & Bradstreet Corp. by 17.9% in the second quarter. British Columbia Investment Management Corp now owns 25,223 shares of the company’s stock valued at $3,073,000 after buying an additional 3,827 shares during the period. Finally, LVM Capital Management Ltd. MI acquired a new position in Dun & Bradstreet Corp. during the second quarter valued at about $219,000. 91.74% of the stock is owned by hedge funds and other institutional investors.
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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