The Goldman Sachs Group Issues Pessimistic Forecast for Dun & Bradstreet (NYSE:DNB) Stock Price

Dun & Bradstreet (NYSE:DNB) had its price objective trimmed by The Goldman Sachs Group from $12.80 to $11.00 in a research note published on Friday,Benzinga reports. The brokerage currently has a neutral rating on the business services provider’s stock.

DNB has been the topic of several other research reports. Needham & Company LLC lowered their target price on shares of Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating on the stock in a report on Friday. Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price objective on shares of Dun & Bradstreet in a 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $12.50.

Dun & Bradstreet Price Performance

NYSE:DNB opened at $9.45 on Friday. The stock has a market cap of $4.17 billion, a P/E ratio of -157.39, a PEG ratio of 2.21 and a beta of 1.14. Dun & Bradstreet has a one year low of $8.77 and a one year high of $12.94. The company has a fifty day moving average price of $11.63 and a 200 day moving average price of $11.76. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.65 and a quick ratio of 0.70.

Dun & Bradstreet (NYSE:DNB) last released its earnings results on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.05). Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The company had revenue of $631.90 million for the quarter, compared to analyst estimates of $658.04 million. Analysts anticipate that Dun & Bradstreet will post 0.96 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be given a $0.05 dividend. The ex-dividend date is Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.12%. Dun & Bradstreet’s dividend payout ratio is -333.28%.

Institutional Trading of Dun & Bradstreet

Hedge funds have recently modified their holdings of the company. Amundi raised its holdings in Dun & Bradstreet by 27.9% during the 4th quarter. Amundi now owns 5,158 shares of the business services provider’s stock worth $64,000 after buying an additional 1,126 shares during the period. Cetera Investment Advisers raised its holdings in shares of Dun & Bradstreet by 5.5% in the fourth quarter. Cetera Investment Advisers now owns 23,843 shares of the business services provider’s stock valued at $297,000 after purchasing an additional 1,240 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Dun & Bradstreet by 28.2% in the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 1,284 shares during the last quarter. Xponance Inc. grew its stake in shares of Dun & Bradstreet by 16.5% in the fourth quarter. Xponance Inc. now owns 13,252 shares of the business services provider’s stock valued at $165,000 after buying an additional 1,881 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in shares of Dun & Bradstreet by 10.1% in the fourth quarter. Cerity Partners LLC now owns 20,771 shares of the business services provider’s stock valued at $259,000 after buying an additional 1,909 shares in the last quarter. 86.68% of the stock is currently owned by institutional investors and hedge funds.

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.