Dun & Bradstreet (NYSE:DNB) Now Covered by Wall Street Zen

Wall Street Zen began coverage on shares of Dun & Bradstreet (NYSE:DNB - Free Report) in a report published on Wednesday morning. The brokerage issued a hold rating on the business services provider's stock.

DNB has been the subject of several other reports. Royal Bank of Canada reiterated a "sector perform" rating and set a $12.00 price target on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Needham & Company LLC reiterated a "hold" rating on shares of Dun & Bradstreet in a research note on Friday, May 2nd. The Goldman Sachs Group lowered their price target on shares of Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a report on Friday, February 21st. Finally, Jefferies Financial Group reaffirmed a "hold" rating and issued a $9.15 price objective (down previously from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. Seven equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, Dun & Bradstreet presently has an average rating of "Hold" and a consensus target price of $11.86.

Dun & Bradstreet Stock Performance

Shares of Dun & Bradstreet stock traded down $0.01 during midday trading on Wednesday, hitting $8.99. The company had a trading volume of 5,950,502 shares, compared to its average volume of 6,111,118. The company has a fifty day simple moving average of $8.87 and a 200 day simple moving average of $10.43. The stock has a market cap of $4.01 billion, a price-to-earnings ratio of -149.73, a PEG ratio of 2.21 and a beta of 1.14. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 1.06. Dun & Bradstreet has a 12-month low of $7.78 and a 12-month high of $12.95.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The business services provider reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.01. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The business had revenue of $579.80 million during the quarter, compared to analysts' expectations of $578.02 million. During the same quarter last year, the company posted $0.20 earnings per share. The business's quarterly revenue was up 2.7% on a year-over-year basis. As a group, analysts predict that Dun & Bradstreet will post 0.96 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Dun & Bradstreet news, Director Chinh Chu sold 10,885,403 shares of the stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $8.95, for a total transaction of $97,424,356.85. Following the completion of the transaction, the director now owns 23,810 shares of the company's stock, valued at $213,099.50. This represents a 99.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman William P. Foley II sold 2,500,000 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $8.96, for a total value of $22,400,000.00. Following the completion of the transaction, the chairman now owns 5,609,644 shares in the company, valued at approximately $50,262,410.24. This trade represents a 30.83% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,885,403 shares of company stock worth $142,299,357. Company insiders own 10.44% of the company's stock.

Institutional Investors Weigh In On Dun & Bradstreet

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Barclays PLC lifted its stake in Dun & Bradstreet by 144.9% in the 3rd quarter. Barclays PLC now owns 1,192,700 shares of the business services provider's stock worth $13,728,000 after purchasing an additional 705,707 shares in the last quarter. Park Avenue Securities LLC increased its holdings in shares of Dun & Bradstreet by 15.5% in the fourth quarter. Park Avenue Securities LLC now owns 60,548 shares of the business services provider's stock valued at $754,000 after purchasing an additional 8,103 shares during the last quarter. Perpetual Ltd lifted its position in Dun & Bradstreet by 46.1% during the fourth quarter. Perpetual Ltd now owns 24,644 shares of the business services provider's stock worth $307,000 after buying an additional 7,773 shares in the last quarter. KBC Group NV boosted its stake in Dun & Bradstreet by 30.2% during the fourth quarter. KBC Group NV now owns 12,861 shares of the business services provider's stock worth $160,000 after buying an additional 2,983 shares during the last quarter. Finally, Empowered Funds LLC purchased a new stake in Dun & Bradstreet in the 4th quarter valued at $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.