Dun & Bradstreet (NYSE:DNB) Downgraded by StockNews.com

StockNews.com cut shares of Dun & Bradstreet (NYSE:DNB – Free Report) from a hold rating to a sell rating in a report released on Friday morning. A number of other analysts have also recently issued reports on DNB. Needham & Company LLC reissued a buy rating and set a $17.00 price objective on shares of [...]

featured-image

StockNews.com cut shares of Dun & Bradstreet ( NYSE:DNB – Free Report ) from a hold rating to a sell rating in a report released on Friday morning. A number of other analysts have also recently issued reports on DNB.

Needham & Company LLC reissued a buy rating and set a $17.00 price objective on shares of Dun & Bradstreet in a research report on Monday, August 5th. The Goldman Sachs Group lifted their price target on Dun & Bradstreet from $10.



40 to $11.80 and gave the company a neutral rating in a report on Monday, August 5th. Barclays increased their price objective on Dun & Bradstreet from $11.

00 to $12.00 and gave the stock an equal weight rating in a report on Friday. JPMorgan Chase & Co.

boosted their target price on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a neutral rating in a research report on Monday, August 5th.

Finally, Royal Bank of Canada dropped their price target on shares of Dun & Bradstreet from $15.00 to $12.00 and set a sector perform rating on the stock in a research note on Friday, August 2nd.

One investment analyst has rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Dun & Bradstreet presently has a consensus rating of Hold and an average target price of $13.

85. Read Our Latest Report on DNB Dun & Bradstreet Price Performance Dun & Bradstreet ( NYSE:DNB – Get Free Report ) last released its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.

23 earnings per share for the quarter, meeting the consensus estimate of $0.23. The firm had revenue of $576.

20 million for the quarter, compared to analyst estimates of $580.77 million. Dun & Bradstreet had a negative net margin of 1.

42% and a positive return on equity of 11.35%. The company’s revenue for the quarter was up 3.

9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.17 EPS.

Equities research analysts expect that Dun & Bradstreet will post 0.89 EPS for the current fiscal year. Dun & Bradstreet Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Thursday, September 19th.

Investors of record on Thursday, September 5th will be paid a $0.05 dividend. The ex-dividend date is Thursday, September 5th.

This represents a $0.20 dividend on an annualized basis and a yield of 1.72%.

Dun & Bradstreet’s payout ratio is presently -250.00%. Institutional Investors Weigh In On Dun & Bradstreet Hedge funds have recently bought and sold shares of the company.

Treasurer of the State of North Carolina increased its stake in shares of Dun & Bradstreet by 1.0% in the fourth quarter. Treasurer of the State of North Carolina now owns 120,806 shares of the business services provider’s stock worth $1,413,000 after purchasing an additional 1,180 shares during the period.

OLD National Bancorp IN lifted its holdings in shares of Dun & Bradstreet by 6.9% during the second quarter. OLD National Bancorp IN now owns 19,931 shares of the business services provider’s stock worth $185,000 after buying an additional 1,286 shares during the last quarter.

Envestnet Portfolio Solutions Inc. grew its stake in shares of Dun & Bradstreet by 12.6% in the second quarter.

Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider’s stock worth $127,000 after acquiring an additional 1,533 shares during the last quarter. Blue Trust Inc.

increased its position in Dun & Bradstreet by 129.1% during the second quarter. Blue Trust Inc.

now owns 4,549 shares of the business services provider’s stock worth $46,000 after acquiring an additional 2,563 shares during the period. Finally, Tidal Investments LLC raised its stake in Dun & Bradstreet by 10.2% during the 1st quarter.

Tidal Investments LLC now owns 30,924 shares of the business services provider’s stock valued at $310,000 after purchasing an additional 2,856 shares during the last quarter. 86.68% of the stock is currently owned by institutional investors.

Dun & Bradstreet Company Profile ( Get Free Report ) 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. Featured Stories Receive News & Ratings for Dun & Bradstreet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dun & Bradstreet and related companies with MarketBeat.

com's FREE daily email newsletter ..