Dun & Bradstreet Corporation (The) (NYSE:DNB) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Monday. The brokerage currently has a $125.00 price objective on the business services provider’s stock. Zacks Investment Research‘s price target would suggest a potential upside of 10.70% from the stock’s previous close.

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 report on Thursday, June 29th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $116.67.

Shares of Dun & Bradstreet Corporation (NYSE DNB) traded up 1.33% on Monday, hitting $112.92. 195,004 shares of the stock traded hands. The company’s 50 day moving average is $111.16 and its 200 day moving average is $108.05. Dun & Bradstreet Corporation has a one year low of $100.46 and a one year high of $139.70. The stock has a market cap of $4.17 billion, a price-to-earnings ratio of 38.45 and a beta of 1.22.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last announced its earnings results on Wednesday, August 2nd. The business services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.16 by $0.24. The company had revenue of $408.40 million for the quarter, compared to analysts’ expectations 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 business’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.37 earnings per share. On average, equities analysts forecast that Dun & Bradstreet Corporation will post $7.04 EPS for the current year.

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Several institutional investors and hedge funds have recently modified their holdings of the company. Ameritas Investment Partners Inc. lifted its stake in shares of Dun & Bradstreet Corporation (The) by 1,172.0% during the second quarter. Ameritas Investment Partners Inc. now owns 11,041 shares of the business services provider’s stock valued at $1,194,000 after acquiring an additional 10,173 shares during the period. Nomura Holdings Inc. acquired a new position in shares of Dun & Bradstreet Corporation (The) during the second quarter valued at $206,000. The Manufacturers Life Insurance Company lifted its stake in shares of Dun & Bradstreet Corporation (The) by 28.4% during the second quarter. The Manufacturers Life Insurance Company now owns 54,162 shares of the business services provider’s stock valued at $5,858,000 after acquiring an additional 11,978 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of Dun & Bradstreet Corporation (The) by 264.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 258,637 shares of the business services provider’s stock valued at $27,972,000 after acquiring an additional 187,737 shares during the period. Finally, Glenview Capital Management LLC acquired a new position in shares of Dun & Bradstreet Corporation (The) during the second quarter valued at $108,776,000. 90.31% of the stock is currently owned by institutional investors and hedge funds.

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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