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

Dun & Bradstreet (NYSE:DNB - Get Free Report)'s stock had its "hold" rating reissued by Needham & Company LLC in a research report issued on Friday,Benzinga reports.

Other equities analysts have also issued research reports about the company. Jefferies Financial Group restated a "hold" rating and issued a $9.15 price target (down previously from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. StockNews.com began coverage on Dun & Bradstreet in a research report on Sunday, April 27th. They set a "hold" rating on the stock. The Goldman Sachs Group cut their price target on shares of Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating for the company in a report on Friday, February 21st. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $12.00 target price on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Seven equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $11.86.

Dun & Bradstreet Trading Down 0.3 %

Dun & Bradstreet stock opened at $8.95 on Friday. The stock has a 50-day moving average price of $8.74 and a 200 day moving average price of $10.73. The company has a market capitalization of $3.99 billion, a price-to-earnings ratio of -149.06, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14. Dun & Bradstreet has a 52 week low of $7.78 and a 52 week high of $12.95. 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 (NYSE:DNB - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The business services provider reported $0.21 earnings per share 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 firm had revenue of $579.80 million for the quarter, compared to analyst estimates of $578.02 million. During the same quarter in the prior year, the business earned $0.20 earnings per share. The business's quarterly revenue was up 2.7% compared to the same quarter last year. Sell-side analysts anticipate that Dun & Bradstreet will post 0.96 EPS for the current year.

Insider Activity at Dun & Bradstreet

In other news, Chairman William P. Foley II sold 2,500,000 shares of the stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $8.99, for a total transaction of $22,475,000.00. Following the completion of the transaction, the chairman now directly owns 8,109,644 shares in the company, valued at approximately $72,905,699.56. This represents a 23.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 10.44% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of DNB. World Investment Advisors boosted its position in shares of Dun & Bradstreet by 7.5% during the 1st quarter. World Investment Advisors now owns 16,009 shares of the business services provider's stock worth $143,000 after purchasing an additional 1,118 shares during the period. Amundi grew 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. Cetera Investment Advisers lifted its stake in Dun & Bradstreet by 5.5% during the 4th quarter. Cetera Investment Advisers now owns 23,843 shares of the business services provider's stock worth $297,000 after acquiring an additional 1,240 shares in the last quarter. Linden Thomas Advisory Services LLC grew its position in Dun & Bradstreet by 2.3% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 70,046 shares of the business services provider's stock valued at $626,000 after acquiring an additional 1,573 shares in the last quarter. Finally, Xponance Inc. increased its stake in Dun & Bradstreet by 16.5% during the fourth quarter. Xponance Inc. now owns 13,252 shares of the business services provider's stock worth $165,000 after purchasing an additional 1,881 shares during the period. Hedge funds and other institutional investors own 86.68% of the company's stock.

About Dun & Bradstreet

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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