Dun & Bradstreet Corp. (NYSE:DNB) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Monday.
According to Zacks, “Dun & Bradstreet is expected to benefit from its high-margin business model and strong product portfolio. DNB’s partnerships with big players have also helped it bring many more customers into the fold. Plus, D&B is well-positioned to gain from its strategic acquisitions and alliances. The company’s focus on expanding analytics capabilities is also a positive. Though D&B’s Americas business remains strong, but the international business continues to be a drag on financials. Stiff competition, weak DNBi business and high debt are other areas of concerns.”
Other equities research analysts have also recently issued research reports about the company. William Blair restated a “market perform” rating on shares of Dun & Bradstreet Corp. in a research note on Monday, October 17th. Barclays PLC boosted their target price on Dun & Bradstreet Corp. from $100.00 to $125.00 and gave the company an “underweight” rating in a research note on Wednesday, August 3rd.
Shares of Dun & Bradstreet Corp. (NYSE:DNB) traded down 0.16% during midday trading on Monday, hitting $123.11. 131,230 shares of the stock traded hands. The firm’s 50 day moving average price is $122.78 and its 200 day moving average price is $128.40. Dun & Bradstreet Corp. has a 12-month low of $85.99 and a 12-month high of $141.57. The company has a market capitalization of $4.53 billion, a PE ratio of 47.06 and a beta of 1.45.
Dun & Bradstreet Corp. (NYSE:DNB) last released its quarterly earnings data on Tuesday, November 1st. The company reported $1.79 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.75 by $0.04. Dun & Bradstreet Corp. had a negative return on equity of 24.33% and a net margin of 5.70%. The business had revenue of $412.80 million for the quarter, compared to analysts’ expectations of $423.62 million. During the same quarter in the previous year, the business posted $1.62 EPS. Dun & Bradstreet Corp.’s revenue for the quarter was up 1.6% on a year-over-year basis. Analysts expect that Dun & Bradstreet Corp. will post $7.38 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 9th. Stockholders of record on Wednesday, November 23rd will be paid a dividend of $0.4825 per share. This represents a $1.93 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Monday, November 21st. Dun & Bradstreet Corp.’s dividend payout ratio is currently 73.11%.
Several large investors have recently made changes to their positions in DNB. William Blair Investment Management LLC bought a new stake in shares of Dun & Bradstreet Corp. during the second quarter worth about $153,413,000. Kleinwort Benson Investors Dublin Ltd bought a new stake in shares of Dun & Bradstreet Corp. during the second quarter worth about $55,817,000. Echo Street Capital Management LLC boosted its stake in shares of Dun & Bradstreet Corp. by 100.4% in the third quarter. Echo Street Capital Management LLC now owns 209,971 shares of the company’s stock worth $28,686,000 after buying an additional 105,184 shares in the last quarter. Morgan Stanley boosted its stake in shares of Dun & Bradstreet Corp. by 238.5% in the third quarter. Morgan Stanley now owns 130,834 shares of the company’s stock worth $17,875,000 after buying an additional 92,180 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Dun & Bradstreet Corp. by 2.8% in the second quarter. Vanguard Group Inc. now owns 3,180,070 shares of the company’s stock worth $387,461,000 after buying an additional 87,258 shares in the last quarter. Institutional investors own 91.74% of the company’s stock.
About Dun & Bradstreet Corp.
The Dun & Bradstreet Corporation is the source of commercial data, analytics and insight on businesses. The Company operates through two segments: Americas, which consists of its operations in the United States, Canada and Latin America, and Non-Americas, which consists of its operations in the United Kingdom, the Netherlands, Belgium, Greater China and India.