Dun & Bradstreet (NYSE:DNB) Receives Hold Rating from Jefferies Financial Group

Dun & Bradstreet (NYSE:DNB)‘s stock had its “hold” rating reaffirmed by analysts at Jefferies Financial Group in a note issued to investors on Tuesday,Benzinga reports. They presently have a $9.15 target price on the business services provider’s stock, down from their previous target price of $11.00. Jefferies Financial Group’s target price suggests a potential upside of 1.84% from the stock’s current price.

Several other analysts have also recently issued reports on the company. Needham & Company LLC restated a “hold” rating and set a $14.00 price objective on shares of Dun & Bradstreet in a research note on Monday. The Goldman Sachs Group reduced their price objective on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a research report on Friday, February 21st. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 target price on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Seven research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.86.

Dun & Bradstreet Trading Up 2.9 %

Shares of DNB opened at $8.99 on Tuesday. 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 has a 1-year low of $7.78 and a 1-year high of $12.95. The firm has a 50 day simple moving average of $10.17 and a 200-day simple moving average of $11.27. The stock has a market cap of $3.97 billion, a price-to-earnings ratio of -149.73, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.05). Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. The firm had revenue of $631.90 million for the quarter, compared to analyst estimates of $658.04 million. Equities analysts forecast that Dun & Bradstreet will post 0.96 EPS for the current fiscal year.

Hedge Funds Weigh In On Dun & Bradstreet

Institutional investors have recently modified their holdings of the stock. Massachusetts Financial Services Co. MA lifted its stake in Dun & Bradstreet by 2.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider’s stock valued at $719,863,000 after buying an additional 1,275,959 shares during the period. Dimensional Fund Advisors LP lifted its stake in Dun & Bradstreet by 8.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider’s stock valued at $219,566,000 after acquiring an additional 1,350,263 shares in the last quarter. FMR LLC boosted its holdings in Dun & Bradstreet by 9.7% during the fourth quarter. FMR LLC now owns 12,575,015 shares of the business services provider’s stock worth $156,685,000 after purchasing an additional 1,109,940 shares during the last quarter. Azora Capital LP grew its holdings in shares of Dun & Bradstreet by 15.6% in the 4th quarter. Azora Capital LP now owns 9,213,826 shares of the business services provider’s stock valued at $114,804,000 after acquiring an additional 1,240,472 shares in the last quarter. Finally, State Street Corp increased its position in shares of Dun & Bradstreet by 9.8% during the 3rd quarter. State Street Corp now owns 5,227,336 shares of the business services provider’s stock worth $60,167,000 after purchasing an additional 468,027 shares during the last quarter. 86.68% of the stock is owned by institutional investors.

Dun & Bradstreet Company Profile

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.