Zacks Investment Research downgraded shares of Dun & Bradstreet Corporation (The) (NYSE:DNB) from a buy rating to a hold rating in a report released on Wednesday morning.

According to Zacks, “We continue to expect that Dun & Bradstreet will benefit from its high-margin business model and strong product portfolio. Its partnerships with big players have also helped it bring many more customers into the fold. Plus, the company is also well-positioned to gain from its strategic acquisitions and alliances. The company’s focus on expanding analytics capabilities is also a positive. Plus, cost savings resulted in a strong operating margin performance in the last reported quarter. Management has now raised the lower end of its operating margin growth for the year. However, stiff competition, weak DNBi business and high debt continue to remain areas of concerns. Shares have underperformed the broader market in the past one year.”

Separately, BidaskClub upgraded Dun & Bradstreet Corporation (The) from a sell rating to a hold rating in a research report on Thursday, June 29th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of $116.00.

Shares of Dun & Bradstreet Corporation (DNB) traded up 0.28% during mid-day trading on Wednesday, hitting $109.61. 227,143 shares of the stock traded hands. The stock has a 50-day moving average of $110.72 and a 200 day moving average of $108.02. The stock has a market cap of $4.05 billion, a PE ratio of 37.32 and a beta of 1.22. Dun & Bradstreet Corporation has a one year low of $100.46 and a one year high of $139.70.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last issued its quarterly earnings results on Wednesday, August 2nd. The business services provider reported $1.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.16 by $0.24. The company had revenue of $408.40 million for the quarter, compared to the consensus estimate of $410.90 million. Dun & Bradstreet Corporation (The) had a negative return on equity of 26.85% and a net margin of 6.36%. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.37 EPS. Equities analysts predict that Dun & Bradstreet Corporation will post $7.04 EPS for the current fiscal year.

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The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Wednesday, August 23rd will be given a dividend of $0.5025 per share. This represents a $2.01 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date is Monday, August 21st. Dun & Bradstreet Corporation (The)’s dividend payout ratio is presently 68.37%.

Several hedge funds have recently added to or reduced their stakes in DNB. Vanguard Group Inc. boosted its stake in Dun & Bradstreet Corporation (The) by 7.7% in the first quarter. Vanguard Group Inc. now owns 3,869,295 shares of the business services provider’s stock worth $417,651,000 after buying an additional 278,057 shares in the last quarter. BlackRock Inc. boosted its stake in Dun & Bradstreet Corporation (The) by 20.2% in the second quarter. BlackRock Inc. now owns 3,050,058 shares of the business services provider’s stock worth $329,861,000 after buying an additional 511,579 shares in the last quarter. FMR LLC boosted its stake in Dun & Bradstreet Corporation (The) by 8.3% in the first quarter. FMR LLC now owns 2,648,511 shares of the business services provider’s stock worth $285,880,000 after buying an additional 202,192 shares in the last quarter. Cramer Rosenthal Mcglynn LLC boosted its stake in Dun & Bradstreet Corporation (The) by 52.5% in the second quarter. Cramer Rosenthal Mcglynn LLC now owns 1,735,371 shares of the business services provider’s stock worth $187,680,000 after buying an additional 597,297 shares in the last quarter. Finally, State Street Corp boosted its stake in Dun & Bradstreet Corporation (The) by 1.1% in the first quarter. State Street Corp now owns 1,555,172 shares of the business services provider’s stock worth $167,869,000 after buying an additional 16,978 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

About Dun & Bradstreet Corporation (The)

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 and Canada, and Non-Americas, which consists of its operations in the United Kingdom, Greater China, India, and its European and Asia Pacific Worldwide Networks.

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