Financial Advisors Network Inc. increased its stake in shares of Dun & Bradstreet Corporation (The) (NYSE:DNB) by 4.6% during the second quarter, Holdings Channel reports. The fund owned 2,778 shares of the business services provider’s stock after buying an additional 121 shares during the period. Financial Advisors Network Inc.’s holdings in Dun & Bradstreet Corporation (The) were worth $300,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the stock. BlackRock Inc. boosted its stake in shares of Dun & Bradstreet Corporation (The) by 3,456.1% in the first quarter. BlackRock Inc. now owns 2,538,479 shares of the business services provider’s stock valued at $274,004,000 after buying an additional 2,467,096 shares during the last quarter. Bessemer Group Inc. boosted its stake in shares of Dun & Bradstreet Corporation (The) by 43.5% in the second quarter. Bessemer Group Inc. now owns 1,285,064 shares of the business services provider’s stock valued at $138,981,000 after buying an additional 389,334 shares during the last quarter. Schroder Investment Management Group boosted its stake in shares of Dun & Bradstreet Corporation (The) by 84.1% in the first quarter. Schroder Investment Management Group now owns 668,164 shares of the business services provider’s stock valued at $70,712,000 after buying an additional 305,134 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Dun & Bradstreet Corporation (The) by 7.7% in the first quarter. Vanguard Group Inc. now owns 3,869,295 shares of the business services provider’s stock valued at $417,651,000 after buying an additional 278,057 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. boosted its stake in shares of Dun & Bradstreet Corporation (The) by 242.5% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 304,343 shares of the business services provider’s stock valued at $32,851,000 after buying an additional 215,476 shares during the last quarter. 90.24% of the stock is owned by institutional investors.
Shares of Dun & Bradstreet Corporation (NYSE DNB) opened at 110.06 on Friday. The firm has a market cap of $4.07 billion, a PE ratio of 37.47 and a beta of 1.22. The stock has a 50 day moving average price of $110.44 and a 200 day moving average price of $108.52. Dun & Bradstreet Corporation has a 52 week low of $100.46 and a 52 week high of $139.86.
Dun & Bradstreet Corporation (The) (NYSE:DNB) last released its earnings results on Wednesday, August 2nd. The business services provider reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.24. Dun & Bradstreet Corporation (The) had a negative return on equity of 26.85% and a net margin of 6.36%. The company had revenue of $408.40 million during the quarter, compared to analyst estimates of $410.90 million. During the same quarter in the previous year, the company posted $1.37 EPS. Dun & Bradstreet Corporation (The)’s revenue for the quarter was up 2.3% on a year-over-year basis. Equities analysts expect that Dun & Bradstreet Corporation will post $7.04 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Wednesday, August 23rd will be paid a $0.5025 dividend. This represents a $2.01 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Monday, August 21st. Dun & Bradstreet Corporation (The)’s dividend payout ratio (DPR) is presently 68.37%.
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Several equities research analysts have recently weighed in on DNB shares. Zacks Investment Research cut Dun & Bradstreet Corporation (The) from a “hold” rating to a “sell” rating in a research note on Wednesday, May 3rd. BidaskClub raised Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. Dun & Bradstreet Corporation (The) currently has a consensus rating of “Hold” and an average target price of $117.33.
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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