Dun & Bradstreet (NYSE:DNB) Given “Hold” Rating at Needham & Company LLC

Needham & Company LLC reissued their hold rating on shares of Dun & Bradstreet (NYSE:DNB) in a research report report published on Monday morning, MarketBeat Ratings reports. The firm currently has a $14.00 price objective on the business services provider’s stock.

Several other research analysts also recently issued reports on DNB. The Goldman Sachs Group lowered their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research report on Friday, February 21st. Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 target price on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Seven analysts have rated the stock with a hold rating, According to MarketBeat, Dun & Bradstreet currently has a consensus rating of “Hold” and a consensus price target of $11.86.

Dun & Bradstreet Price Performance

Shares of DNB opened at $8.95 on Monday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70. Dun & Bradstreet has a 1-year low of $7.78 and a 1-year high of $12.95. The stock has a market cap of $3.95 billion, a PE ratio of -149.06, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. The firm has a fifty day moving average price of $10.08 and a 200 day moving average price of $11.24.

Dun & Bradstreet (NYSE:DNB) last posted its earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.05). The firm had revenue of $631.90 million during the quarter, compared to analysts’ expectations of $658.04 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. As a group, sell-side analysts anticipate that Dun & Bradstreet will post 0.96 EPS for the current year.

Dun & Bradstreet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were given a $0.05 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a yield of 2.24%. Dun & Bradstreet’s payout ratio is currently -333.33%.

Hedge Funds Weigh In On Dun & Bradstreet

Several institutional investors and hedge funds have recently added to or reduced their stakes in DNB. Amundi boosted its stake in shares of Dun & Bradstreet by 27.9% in the fourth quarter. Amundi now owns 5,158 shares of the business services provider’s stock valued at $64,000 after buying an additional 1,126 shares in the last quarter. Neo Ivy Capital Management purchased a new stake in shares of Dun & Bradstreet during the 4th quarter worth $96,000. Paloma Partners Management Co acquired a new position in shares of Dun & Bradstreet during the 3rd quarter worth $117,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Dun & Bradstreet in the 3rd quarter valued at about $120,000. Finally, Empowered Funds LLC acquired a new stake in shares of Dun & Bradstreet in the fourth quarter valued at about $127,000. Institutional investors and hedge funds own 86.68% of the company’s stock.

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.