Dun & Bradstreet (DNB) Stock Rating Upgraded by Barclays

Barclays upgraded shares of Dun & Bradstreet (NYSE:DNB) from an underweight rating to an equal weight rating in a research report report published on Monday, November 13th, MarketBeat reports. They currently have $125.00 target price on the business services provider’s stock, up from their previous target price of $105.00.

Other research analysts also recently issued reports about the company. Zacks Investment Research raised Dun & Bradstreet from a hold rating to a buy rating and set a $125.00 price target for the company in a report on Monday, September 4th. Goldman Sachs Group initiated coverage on Dun & Bradstreet in a report on Wednesday, November 8th. They issued a neutral rating and a $125.00 price target for the company. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of $125.75.

Dun & Bradstreet (DNB) opened at $122.76 on Monday. Dun & Bradstreet has a twelve month low of $100.46 and a twelve month high of $125.57. The stock has a market capitalization of $4,520.00, a P/E ratio of 17.27, a price-to-earnings-growth ratio of 1.91 and a beta of 1.26. The company has a debt-to-equity ratio of -1.93, a current ratio of 0.92 and a quick ratio of 0.92.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings results on Wednesday, November 1st. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.58 by $0.21. Dun & Bradstreet had a negative return on equity of 28.31% and a net margin of 11.12%. The company had revenue of $428.30 million during the quarter, compared to the consensus estimate of $428.81 million. During the same period in the previous year, the company posted $1.79 earnings per share. Dun & Bradstreet’s revenue for the quarter was up 3.8% on a year-over-year basis. equities research analysts predict that Dun & Bradstreet will post 7.17 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Wednesday, November 22nd will be paid a dividend of $0.5025 per share. This represents a $2.01 annualized dividend and a dividend yield of 1.64%. The ex-dividend date is Tuesday, November 21st. Dun & Bradstreet’s payout ratio is 37.92%.

Hedge funds have recently made changes to their positions in the company. Creative Planning raised its stake in shares of Dun & Bradstreet by 2.0% during the 2nd quarter. Creative Planning now owns 1,257 shares of the business services provider’s stock worth $136,000 after buying an additional 25 shares during the period. ETF Managers Group LLC acquired a new position in shares of Dun & Bradstreet during the 2nd quarter worth approximately $173,000. Moneta Group Investment Advisors LLC acquired a new position in shares of Dun & Bradstreet during the 3rd quarter worth approximately $204,000. Nomura Holdings Inc. acquired a new position in shares of Dun & Bradstreet during the 2nd quarter worth approximately $206,000. Finally, Magnetar Financial LLC acquired a new position in shares of Dun & Bradstreet during the 3rd quarter worth approximately $206,000. 90.55% of the stock is owned by institutional investors and hedge funds.

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About Dun & Bradstreet

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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