Loeb Partners Corp maintained its position in shares of Dun & Bradstreet Corporation (The) (NYSE:DNB) during the second quarter, Holdings Channel reports. The fund owned 4,250 shares of the business services provider’s stock at the end of the second quarter. Loeb Partners Corp’s holdings in Dun & Bradstreet Corporation (The) were worth $460,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Creative Planning increased its position 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 buying an additional 25 shares in the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. increased its position in shares of Dun & Bradstreet Corporation (The) by 66.7% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 1,500 shares of the business services provider’s stock worth $162,000 after buying an additional 600 shares in the last quarter. Capstone Asset Management Co. increased its position in shares of Dun & Bradstreet Corporation (The) by 5.0% in the first quarter. Capstone Asset Management Co. now owns 2,329 shares of the business services provider’s stock worth $251,000 after buying an additional 110 shares in the last quarter. Norinchukin Bank The increased its position in shares of Dun & Bradstreet Corporation (The) by 7.3% in the first quarter. Norinchukin Bank The now owns 2,393 shares of the business services provider’s stock worth $258,000 after buying an additional 162 shares in the last quarter. Finally, Heartland Advisors Inc. increased its position in shares of Dun & Bradstreet Corporation (The) by 2.5% in the first quarter. Heartland Advisors Inc. now owns 2,665 shares of the business services provider’s stock worth $288,000 after buying an additional 65 shares in the last quarter. 91.47% of the stock is owned by hedge funds and other institutional investors.
Dun & Bradstreet Corporation (NYSE DNB) opened at 111.74 on Wednesday. Dun & Bradstreet Corporation has a 12-month low of $100.46 and a 12-month high of $141.57. The company has a market cap of $4.12 billion, a P/E ratio of 49.68 and a beta of 1.22. The firm’s 50-day moving average price is $107.72 and its 200-day moving average price is $109.19.
Dun & Bradstreet Corporation (The) (NYSE:DNB) last issued its quarterly earnings results on Monday, May 1st. The business services provider reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.05. Dun & Bradstreet Corporation (The) had a negative return on equity of 25.59% and a net margin of 4.85%. The firm had revenue of $383.80 million for the quarter, compared to analyst estimates of $380.04 million. During the same period in the previous year, the company posted $1.18 earnings per share. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. Analysts expect that Dun & Bradstreet Corporation will post $7.00 EPS for the current year.
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A number of research analysts recently commented on the company. Zacks Investment Research raised Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a report on Tuesday. BidaskClub raised Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the stock. Dun & Bradstreet Corporation (The) has a consensus rating of “Hold” and a consensus price target of $112.50.
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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