Dun & Bradstreet (NYSE:DNB – Get Free Report) was upgraded by stock analysts at Huber Research to a “strong sell” rating in a note issued to investors on Monday,Zacks.com reports.
Other analysts have also recently issued research reports about the company. Needham & Company LLC reaffirmed a “hold” rating and issued a $14.00 price target on shares of Dun & Bradstreet in a research report on Monday. The Goldman Sachs Group lowered their price target on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a report on Friday, February 21st. Royal Bank of Canada restated a “sector perform” rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $9.15 target price (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company. According to MarketBeat, Dun & Bradstreet has a consensus rating of “Hold” and a consensus target price of $11.86.
Read Our Latest Stock Report on DNB
Dun & Bradstreet Price Performance
Dun & Bradstreet (NYSE:DNB – Get Free Report) last posted its earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The business had revenue of $631.90 million during the quarter, compared to analyst estimates of $658.04 million. Analysts forecast that Dun & Bradstreet will post 0.96 EPS for the current fiscal year.
Hedge Funds Weigh In On Dun & Bradstreet
A number of hedge funds and other institutional investors have recently made changes to their positions in DNB. Forum Financial Management LP bought a new position in Dun & Bradstreet during the fourth quarter worth about $209,000. Public Employees Retirement System of Ohio bought a new position in shares of Dun & Bradstreet during the 4th quarter worth approximately $1,349,000. Neo Ivy Capital Management acquired a new stake in Dun & Bradstreet in the 4th quarter valued at $96,000. Vise Technologies Inc. boosted its stake in Dun & Bradstreet by 33.1% in the 4th quarter. Vise Technologies Inc. now owns 17,001 shares of the business services provider’s stock valued at $212,000 after buying an additional 4,224 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Dun & Bradstreet by 20.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 800,536 shares of the business services provider’s stock valued at $9,975,000 after acquiring an additional 138,054 shares during the period. 86.68% of the stock is owned by institutional investors.
Dun & Bradstreet Company Profile
Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.
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