Dun & Bradstreet Corporation (The) (DNB) Research Coverage Started at Goldman Sachs Group, Inc. (The)

Goldman Sachs Group, Inc. (The) initiated coverage on shares of Dun & Bradstreet Corporation (The) (NYSE:DNB) in a research report sent to investors on Wednesday, MarketBeat reports. The firm issued a neutral rating and a $125.00 price objective on the business services provider’s stock.

Other equities analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of Dun & Bradstreet Corporation (The) from a buy rating to a hold rating in a report on Wednesday, August 23rd. Robert W. Baird cut their price target on shares of Dun & Bradstreet Corporation (The) from $130.00 to $127.00 and set an outperform rating for the company in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of $120.75.

Shares of Dun & Bradstreet Corporation (NYSE DNB) traded down $0.35 during trading on Wednesday, hitting $114.62. 114,600 shares of the stock traded hands, compared to its average volume of 373,253. The company has a debt-to-equity ratio of -1.93, a quick ratio of 0.92 and a current ratio of 0.92. Dun & Bradstreet Corporation has a 1-year low of $100.46 and a 1-year high of $125.57. The firm has a market cap of $4,249.26, a price-to-earnings ratio of 16.13, a P/E/G ratio of 1.79 and a beta of 1.26.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last issued its earnings results on Wednesday, November 1st. The business services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.21. Dun & Bradstreet Corporation (The) had a net margin of 11.12% and a negative return on equity of 28.31%. The business had revenue of $428.30 million for the quarter, compared to analyst estimates of $428.81 million. During the same period in the previous year, the business earned $1.79 EPS. The firm’s revenue was up 3.8% on a year-over-year basis. sell-side analysts predict that Dun & Bradstreet Corporation will post 7.16 earnings per share for the current year.

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The company also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Wednesday, November 22nd will be issued a dividend of $0.5025 per share. This represents a $2.01 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Tuesday, November 21st. Dun & Bradstreet Corporation (The)’s dividend payout ratio is currently 38.73%.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Creative Planning raised its stake in shares of Dun & Bradstreet Corporation (The) by 2.0% in the second quarter. Creative Planning now owns 1,257 shares of the business services provider’s stock worth $136,000 after acquiring an additional 25 shares during the last quarter. Utah Retirement Systems raised its stake in shares of Dun & Bradstreet Corporation (The) by 1.5% in the second quarter. Utah Retirement Systems now owns 6,805 shares of the business services provider’s stock worth $736,000 after acquiring an additional 100 shares during the last quarter. Financial Advisors Network Inc. raised its stake in shares of Dun & Bradstreet Corporation (The) by 4.6% in the second quarter. Financial Advisors Network Inc. now owns 2,778 shares of the business services provider’s stock worth $300,000 after acquiring an additional 121 shares during the last quarter. OxFORD Asset Management LLP raised its stake in shares of Dun & Bradstreet Corporation (The) by 1.6% in the second quarter. OxFORD Asset Management LLP now owns 13,291 shares of the business services provider’s stock worth $1,437,000 after acquiring an additional 207 shares during the last quarter. Finally, Oakbrook Investments LLC raised its stake in shares of Dun & Bradstreet Corporation (The) by 7.2% in the second quarter. Oakbrook Investments LLC now owns 3,110 shares of the business services provider’s stock worth $336,000 after acquiring an additional 210 shares during the last quarter. 89.68% of the stock is owned by institutional investors.

Dun & Bradstreet Corporation (The) Company Profile

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 and Canada, and Non-Americas, which consists of its operations in the United Kingdom, Greater China, India, and its European and Asia Pacific Worldwide Networks.

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