Dun & Bradstreet (NYSE:DNB) Price Target Lowered to $14.00 at Needham & Company LLC

Dun & Bradstreet (NYSE:DNB) had its price objective decreased by investment analysts at Needham & Company LLC from $17.00 to $14.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the business services provider’s stock. Needham & Company LLC’s target price points to a potential upside of 48.38% from the company’s previous close.

Separately, Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price target on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $12.63.

Dun & Bradstreet Price Performance

Shares of DNB opened at $9.44 on Friday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08. Dun & Bradstreet has a twelve month low of $8.77 and a twelve month high of $12.94. The stock has a market capitalization of $4.17 billion, a P/E ratio of -117.94, a P/E/G ratio of 2.47 and a beta of 1.14. The company has a 50 day moving average of $11.68 and a 200-day moving average of $11.77.

Dun & Bradstreet (NYSE:DNB) last released its earnings results on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. As a group, equities research analysts forecast that Dun & Bradstreet will post 0.88 EPS for the current fiscal year.

Hedge Funds Weigh In On Dun & Bradstreet

A number of institutional investors have recently bought and sold shares of the business. Massachusetts Financial Services Co. MA boosted its stake in shares of Dun & Bradstreet by 2.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider’s stock worth $719,863,000 after acquiring an additional 1,275,959 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Dun & Bradstreet by 8.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider’s stock valued at $219,566,000 after purchasing an additional 1,350,263 shares during the last quarter. FMR LLC boosted its position in Dun & Bradstreet by 9.7% during the fourth quarter. FMR LLC now owns 12,575,015 shares of the business services provider’s stock worth $156,685,000 after purchasing an additional 1,109,940 shares during the period. Azora Capital LP increased its holdings in shares of Dun & Bradstreet by 15.6% in the fourth quarter. Azora Capital LP now owns 9,213,826 shares of the business services provider’s stock valued at $114,804,000 after purchasing an additional 1,240,472 shares during the last quarter. Finally, Crescent Grove Advisors LLC raised its position in shares of Dun & Bradstreet by 2.2% in the third quarter. Crescent Grove Advisors LLC now owns 6,176,103 shares of the business services provider’s stock valued at $71,087,000 after purchasing an additional 130,888 shares during the period. 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.