Robert W. Baird Increases Dun & Bradstreet (DNB) Price Target to $145.00

Dun & Bradstreet (NYSE:DNB) had its price target raised by Robert W. Baird from $135.00 to $145.00 in a research report released on Thursday. They currently have a neutral rating on the business services provider’s stock.

Other equities research analysts have also issued research reports about the company. Wells Fargo & Co lifted their price objective on Dun & Bradstreet from $113.00 to $120.00 and gave the company a market perform rating in a report on Monday, June 25th. Zacks Investment Research lowered Dun & Bradstreet from a buy rating to a hold rating in a report on Thursday, July 12th. Seven analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of $132.00.

DNB traded down $0.27 during trading on Thursday, reaching $141.94. The company’s stock had a trading volume of 2,372,760 shares, compared to its average volume of 520,958. Dun & Bradstreet has a 52-week low of $105.42 and a 52-week high of $144.00. The firm has a market capitalization of $5.26 billion, a PE ratio of 18.59, a P/E/G ratio of 2.80 and a beta of 1.20. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of -1.56.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings data on Wednesday, August 8th. The business services provider reported $1.40 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.50 by ($0.10). Dun & Bradstreet had a net margin of 13.08% and a negative return on equity of 34.16%. The business had revenue of $439.60 million during the quarter, compared to analysts’ expectations of $402.78 million. sell-side analysts predict that Dun & Bradstreet will post 8.47 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 7th. Stockholders of record on Wednesday, August 22nd will be paid a dividend of $0.5225 per share. This represents a $2.09 annualized dividend and a dividend yield of 1.47%. The ex-dividend date is Tuesday, August 21st. Dun & Bradstreet’s dividend payout ratio (DPR) is 28.40%.

Several large investors have recently made changes to their positions in the company. Amalgamated Bank boosted its stake in shares of Dun & Bradstreet by 5.0% during the 2nd quarter. Amalgamated Bank now owns 8,143 shares of the business services provider’s stock worth $999,000 after acquiring an additional 390 shares in the last quarter. Cambiar Investors LLC boosted its stake in shares of Dun & Bradstreet by 1.1% during the 2nd quarter. Cambiar Investors LLC now owns 36,962 shares of the business services provider’s stock worth $4,533,000 after acquiring an additional 392 shares in the last quarter. AGF Investments America Inc. boosted its stake in shares of Dun & Bradstreet by 2.4% during the 2nd quarter. AGF Investments America Inc. now owns 20,935 shares of the business services provider’s stock worth $2,568,000 after acquiring an additional 486 shares in the last quarter. Eqis Capital Management Inc. boosted its stake in shares of Dun & Bradstreet by 11.5% during the 2nd quarter. Eqis Capital Management Inc. now owns 5,696 shares of the business services provider’s stock worth $699,000 after acquiring an additional 586 shares in the last quarter. Finally, Crawford Investment Counsel Inc. boosted its stake in shares of Dun & Bradstreet by 4.4% during the 1st quarter. Crawford Investment Counsel Inc. now owns 17,385 shares of the business services provider’s stock worth $2,034,000 after acquiring an additional 725 shares in the last quarter. 88.78% of the stock is currently owned by institutional investors and hedge funds.

About Dun & Bradstreet

The Dun & Bradstreet Corporation provides commercial data, analytics, and insight on businesses. The company operates through two segments, Americas and Non-Americas. It offers risk management solutions comprising trade credit solutions, such as The D&B Credit Suite, which includes D&B Credit and DNBi, subscription-based online applications that offer customers real time access to information, comprehensive monitoring, and portfolio analysis; various business information reports; and D&B Credibility solutions primarily for small businesses; Supplier Risk Manager, an online application that helps businesses mitigate supply chain risk; Compliance product suite that includes D&B Onboard and D&B Compliance Check, which helps customers comply with anti-money laundering and anti-bribery and corruption regulations through onboarding, screening, and monitoring of customers and third parties; and D&B Direct, an API that enables data integration inside enterprise applications, such as ERP, and enables master data management and toolkit.

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