Dun & Bradstreet Corp (NYSE:DNB) shares were up 7.9% during trading on Tuesday after the company announced better than expected quarterly earnings. The stock traded as high as $124.75 and last traded at $120.50. Approximately 1,582,456 shares were traded during mid-day trading, an increase of 322% from the average daily volume of 374,815 shares. The stock had previously closed at $111.63.

The business services provider reported $3.22 earnings per share for the quarter, beating analysts’ consensus estimates of $3.04 by $0.18. Dun & Bradstreet had a net margin of 11.12% and a negative return on equity of 28.31%. The company had revenue of $528.30 million during the quarter, compared to the consensus estimate of $535.82 million. During the same period in the previous year, the business earned $2.99 earnings per share. The firm’s quarterly revenue was up 2.2% on a year-over-year basis.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Thursday, February 22nd will be given a $0.5225 dividend. This represents a $2.09 dividend on an annualized basis and a dividend yield of 1.73%. This is an increase from Dun & Bradstreet’s previous quarterly dividend of $0.50. Dun & Bradstreet’s payout ratio is presently 38.73%.

A number of equities research analysts have recently weighed in on DNB shares. Robert W. Baird dropped their price target on shares of Dun & Bradstreet from $130.00 to $127.00 and set an “outperform” rating for the company in a research report on Friday, November 3rd. Goldman Sachs Group started coverage on shares of Dun & Bradstreet in a research report on Wednesday, November 8th. They issued a “neutral” rating and a $125.00 price target for the company. Barclays upgraded shares of Dun & Bradstreet from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $105.00 to $125.00 in a research report on Monday, November 13th. Finally, Zacks Investment Research downgraded shares of Dun & Bradstreet from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $125.75.

Large investors have recently made changes to their positions in the stock. Cerebellum GP LLC bought a new position in Dun & Bradstreet in the fourth quarter valued at approximately $128,000. First Mercantile Trust Co. bought a new position in Dun & Bradstreet in the fourth quarter valued at approximately $184,000. Eagle Ridge Investment Management bought a new position in Dun & Bradstreet in the fourth quarter valued at approximately $201,000. Moneta Group Investment Advisors LLC bought a new position in Dun & Bradstreet in the third quarter valued at approximately $204,000. Finally, Nomura Holdings Inc. bought a new position in Dun & Bradstreet in the second quarter valued at approximately $206,000. 90.86% of the stock is currently owned by institutional investors and hedge funds.

The firm has a market capitalization of $4,035.63, a P/E ratio of 23.78, a PEG ratio of 2.47 and a beta of 1.27. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of -1.93.

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Dun & Bradstreet 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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