Shares of Dun & Bradstreet Corp. (NYSE:DNB) have been assigned a consensus broker rating score of 3.00 (Hold) from the five analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell recommendation, three have given a hold recommendation and one has given a strong buy recommendation to the company.
Brokers have set a 12-month consensus target price of $137.25 for the company and are anticipating that the company will post $1.76 EPS for the current quarter, according to Zacks. Zacks has also given Dun & Bradstreet Corp. an industry rank of 37 out of 265 based on the ratings given to its competitors.
Several research firms have recently commented on DNB. Zacks Investment Research raised Dun & Bradstreet Corp. from a “sell” rating to a “hold” rating in a report on Thursday, August 4th. Barclays PLC upped their target price on Dun & Bradstreet Corp. from $100.00 to $125.00 and gave the company an “underweight” rating in a report on Wednesday, August 3rd.
In related news, COO Joshua L. Peirez sold 36,508 shares of the stock in a transaction that occurred on Wednesday, August 3rd. The stock was sold at an average price of $139.59, for a total value of $5,096,151.72. Following the completion of the transaction, the chief operating officer now directly owns 26,879 shares of the company’s stock, valued at approximately $3,752,039.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Richard H. Veldran sold 29,158 shares of the stock in a transaction that occurred on Wednesday, August 3rd. The stock was sold at an average price of $139.58, for a total value of $4,069,873.64. Following the completion of the transaction, the chief financial officer now directly owns 15,367 shares of the company’s stock, valued at $2,144,925.86. The disclosure for this sale can be found here. 0.53% of the stock is owned by corporate insiders.
A number of institutional investors have recently modified their holdings of the company. IFP Advisors Inc raised its position in shares of Dun & Bradstreet Corp. by 2,669.8% in the second quarter. IFP Advisors Inc now owns 1,191 shares of the company’s stock worth $145,000 after buying an additional 1,148 shares during the period. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new position in shares of Dun & Bradstreet Corp. during the second quarter worth about $149,000. DekaBank Deutsche Girozentrale raised its position in shares of Dun & Bradstreet Corp. by 117.3% in the second quarter. DekaBank Deutsche Girozentrale now owns 1,304 shares of the company’s stock worth $156,000 after buying an additional 704 shares during the period. Deere & Co. acquired a new position in shares of Dun & Bradstreet Corp. during the second quarter worth about $204,000. Finally, BOKF NA acquired a new position in shares of Dun & Bradstreet Corp. during the second quarter worth about $205,000. 92.30% of the stock is owned by institutional investors and hedge funds.
Dun & Bradstreet Corp. (NYSE:DNB) opened at 135.17 on Monday. Dun & Bradstreet Corp. has a one year low of $85.99 and a one year high of $141.57. The firm has a market capitalization of $4.91 billion, a PE ratio of 26.70 and a beta of 1.30. The company’s 50-day moving average price is $137.15 and its 200 day moving average price is $122.14.
Dun & Bradstreet Corp. (NYSE:DNB) last announced its quarterly earnings data on Monday, August 1st. The company reported $1.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.18 by $0.19. The firm earned $389.80 million during the quarter, compared to analyst estimates of $394.84 million. Dun & Bradstreet Corp. had a negative return on equity of 23.87% and a net margin of 10.99%. Dun & Bradstreet Corp.’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.25 earnings per share. On average, analysts forecast that Dun & Bradstreet Corp. will post $7.40 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 9th. Investors of record on Wednesday, August 24th were issued a $0.4825 dividend. This represents a $1.93 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend was Monday, August 22nd. Dun & Bradstreet Corp.’s dividend payout ratio (DPR) is 38.14%.
Dun & Bradstreet Corp. Company Profile
The Dun & Bradstreet Corporation is the source of commercial data, analytics and insight on businesses. The Company’s commercial database contained over 240 million business records. The customers use D&B Risk management solutions to mitigate credit, compliance and supplier risk, and D&B Sales and marketing solutions to offers data management capabilities.
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