Robert W. Baird reissued their neutral rating on shares of Dun & Bradstreet (NYSE:DNB) in a research note released on Monday. Robert W. Baird currently has a $127.00 price target on the business services provider’s stock.
Several other equities research analysts have also weighed in on the company. Zacks Investment Research lowered Dun & Bradstreet from a buy rating to a hold rating in a research report on Tuesday, April 17th. ValuEngine lowered Dun & Bradstreet from a buy rating to a hold rating in a research report on Monday, April 2nd. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of $129.80.
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DNB stock opened at $125.92 on Monday. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of -1.56. The stock has a market capitalization of $4.69 billion, a price-to-earnings ratio of 16.56, a P/E/G ratio of 3.32 and a beta of 1.21. Dun & Bradstreet has a 1 year low of $101.17 and a 1 year high of $134.25.
Dun & Bradstreet (NYSE:DNB) last issued its earnings results on Wednesday, May 9th. The business services provider reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.17. Dun & Bradstreet had a negative return on equity of 33.35% and a net margin of 10.64%. The business had revenue of $384.70 million for the quarter, compared to analyst estimates of $386.91 million. During the same quarter last year, the company earned $0.95 EPS. The business’s quarterly revenue was up .2% on a year-over-year basis. equities analysts forecast that Dun & Bradstreet will post 8.47 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, June 8th. Stockholders of record on Wednesday, May 23rd were given a dividend of $0.5225 per share. This represents a $2.09 annualized dividend and a dividend yield of 1.66%. The ex-dividend date of this dividend was Tuesday, May 22nd. Dun & Bradstreet’s dividend payout ratio (DPR) is presently 28.40%.
A number of large investors have recently added to or reduced their stakes in DNB. Schwab Charles Investment Management Inc. grew its stake in Dun & Bradstreet by 5.5% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 133,019 shares of the business services provider’s stock worth $15,751,000 after buying an additional 6,922 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Dun & Bradstreet by 43.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,930 shares of the business services provider’s stock worth $229,000 after buying an additional 588 shares during the last quarter. American Century Companies Inc. grew its stake in Dun & Bradstreet by 1,038.8% during the 4th quarter. American Century Companies Inc. now owns 49,300 shares of the business services provider’s stock worth $5,838,000 after buying an additional 44,971 shares during the last quarter. Teacher Retirement System of Texas grew its stake in Dun & Bradstreet by 319.2% during the 4th quarter. Teacher Retirement System of Texas now owns 12,715 shares of the business services provider’s stock worth $1,506,000 after buying an additional 9,682 shares during the last quarter. Finally, California Public Employees Retirement System grew its stake in Dun & Bradstreet by 4.6% during the 4th quarter. California Public Employees Retirement System now owns 110,509 shares of the business services provider’s stock worth $13,085,000 after buying an additional 4,835 shares during the last quarter. Hedge funds and other institutional investors own 90.51% of the company’s stock.
About Dun & Bradstreet
The Dun & Bradstreet Corporation provides commercial data, analytics, and insight on businesses. The company operates through two segments, Americas and Non-Americas. It offers risk management solutions comprising trade credit solutions, such as The D&B Credit Suite, which includes D&B Credit and DNBi, subscription-based online applications that offer customers real time access to information, comprehensive monitoring, and portfolio analysis; various business information reports; and D&B Credibility solutions primarily for small businesses; Supplier Risk Manager, an online application that helps businesses mitigate supply chain risk; Compliance product suite that includes D&B Onboard and D&B Compliance Check, which helps customers comply with anti-money laundering and anti-bribery and corruption regulations through onboarding, screening, and monitoring of customers and third parties; and D&B Direct, an API that enables data integration inside enterprise applications, such as ERP, and enables master data management and toolkit.