Dun & Bradstreet Corporation (The) (DNB) Upgraded to Equal Weight at Barclays PLC

Barclays PLC upgraded shares of Dun & Bradstreet Corporation (The) (NYSE:DNB) from an underweight rating to an equal weight rating in a report released on Monday, MarketBeat reports. The firm currently has $125.00 price target on the business services provider’s stock, up from their previous price target of $105.00.

A number of other research firms also recently commented on DNB. Zacks Investment Research downgraded shares of Dun & Bradstreet Corporation (The) from a buy rating to a hold rating in a report on Wednesday, October 4th. The Goldman Sachs Group, Inc. started coverage on shares of Dun & Bradstreet Corporation (The) in a report on Wednesday, November 8th. They issued a neutral rating and a $125.00 price objective for the company. Finally, Robert W. Baird cut their price target on shares of Dun & Bradstreet Corporation (The) from $130.00 to $127.00 and set an outperform rating for the company in a report on Friday, November 3rd. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company has an average rating of Hold and a consensus price target of $125.75.

Dun & Bradstreet Corporation (NYSE DNB) traded up $1.35 during mid-day trading on Monday, reaching $117.87. 218,800 shares of the company’s stock were exchanged, compared to its average volume of 370,053. The firm has a market cap of $4,400.00, a P/E ratio of 16.34, a price-to-earnings-growth ratio of 1.81 and a beta of 1.26. The company has a debt-to-equity ratio of -1.93, a quick ratio of 0.92 and a current ratio of 0.92. Dun & Bradstreet Corporation has a 12 month low of $100.46 and a 12 month high of $125.57.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last released its quarterly earnings data on Wednesday, November 1st. The business services provider reported $1.79 EPS for the quarter, beating the Zacks’ consensus estimate of $1.58 by $0.21. The company had revenue of $428.30 million during the quarter, compared to the consensus estimate of $428.81 million. Dun & Bradstreet Corporation (The) had a net margin of 11.12% and a negative return on equity of 28.31%. Dun & Bradstreet Corporation (The)’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.79 EPS. analysts anticipate that Dun & Bradstreet Corporation will post 7.16 earnings per share for the current year.

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The company also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Wednesday, November 22nd will be issued a dividend of $0.5025 per share. The ex-dividend date is Tuesday, November 21st. This represents a $2.01 dividend on an annualized basis and a dividend yield of 1.71%. Dun & Bradstreet Corporation (The)’s dividend payout ratio is currently 37.92%.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Creative Planning increased its holdings in shares of Dun & Bradstreet Corporation (The) 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 last quarter. ETF Managers Group LLC acquired a new stake in shares of Dun & Bradstreet Corporation (The) during the 2nd quarter worth approximately $173,000. Moneta Group Investment Advisors LLC acquired a new stake in shares of Dun & Bradstreet Corporation (The) during the 3rd quarter worth approximately $204,000. Nomura Holdings Inc. acquired a new stake in shares of Dun & Bradstreet Corporation (The) during the 2nd quarter worth approximately $206,000. Finally, Magnetar Financial LLC acquired a new stake in shares of Dun & Bradstreet Corporation (The) during the 3rd quarter worth approximately $206,000. Institutional investors and hedge funds own 89.40% 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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