Dun & Bradstreet (NYSE:DNB) Lowered to Sell at StockNews.com

Dun & Bradstreet (NYSE:DNB) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Monday.

DNB has been the subject of a number of other reports. The Goldman Sachs Group boosted their price target on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research note on Monday. Royal Bank of Canada cut their price objective on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a research note on Friday. Needham & Company LLC reiterated a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a research note on Monday. JPMorgan Chase & Co. boosted their price objective on Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Monday. Finally, Jefferies Financial Group cut their price objective on Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, April 12th. One analyst has rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $13.73.

Dun & Bradstreet Stock Performance

Shares of Dun & Bradstreet stock traded up $0.06 during trading hours on Monday, reaching $11.88. 11,913,142 shares of the stock traded hands, compared to its average volume of 3,754,628. The company has a 50 day moving average price of $9.72 and a 200 day moving average price of $10.11. The firm has a market capitalization of $5.26 billion, a price-to-earnings ratio of -148.50, a P/E/G ratio of 1.89 and a beta of 1.15. Dun & Bradstreet has a one year low of $8.68 and a one year high of $12.75. The company has a quick ratio of 0.62, a current ratio of 0.71 and a debt-to-equity ratio of 1.08.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.23. The business had revenue of $576.20 million during the quarter, compared to the consensus estimate of $580.77 million. Dun & Bradstreet had a positive return on equity of 11.35% and a negative net margin of 1.42%. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.17 EPS. On average, equities research analysts expect that Dun & Bradstreet will post 0.89 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in shares of Dun & Bradstreet during the 4th quarter worth approximately $35,820,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Dun & Bradstreet by 4.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 14,208,101 shares of the business services provider’s stock worth $166,235,000 after acquiring an additional 588,460 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of Dun & Bradstreet during the 1st quarter worth approximately $1,844,000. Alaska Permanent Fund Corp raised its holdings in shares of Dun & Bradstreet by 331.5% during the 1st quarter. Alaska Permanent Fund Corp now owns 160,289 shares of the business services provider’s stock worth $1,609,000 after acquiring an additional 123,139 shares in the last quarter. Finally, Hawk Ridge Capital Management LP raised its holdings in shares of Dun & Bradstreet by 24.2% during the 4th quarter. Hawk Ridge Capital Management LP now owns 5,768,863 shares of the business services provider’s stock worth $67,496,000 after acquiring an additional 1,123,400 shares in the last quarter. 86.68% of the stock is owned by hedge funds and other institutional investors.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.