UBS Asset Management Americas Inc. Has $3.88 Million Holdings in Dun & Bradstreet Corporation (The) (DNB)

UBS Asset Management Americas Inc. trimmed its position in shares of Dun & Bradstreet Corporation (The) (NYSE:DNB) by 81.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,916 shares of the business services provider’s stock after selling 154,582 shares during the period. UBS Asset Management Americas Inc. owned 0.10% of Dun & Bradstreet Corporation (The) worth $3,884,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Creative Planning boosted its stake in Dun & Bradstreet Corporation (The) by 2.0% during the 2nd quarter. Creative Planning now owns 1,257 shares of the business services provider’s stock valued at $136,000 after purchasing an additional 25 shares during the period. OLD Mutual Customised Solutions Proprietary Ltd. boosted its stake in Dun & Bradstreet Corporation (The) by 66.7% during the 1st quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 1,500 shares of the business services provider’s stock valued at $162,000 after purchasing an additional 600 shares during the period. Tocqueville Asset Management L.P. acquired a new position in Dun & Bradstreet Corporation (The) during the 2nd quarter valued at about $216,000. First Mercantile Trust Co. acquired a new position in Dun & Bradstreet Corporation (The) during the 2nd quarter valued at about $230,000. Finally, Bridgewater Associates LP acquired a new position in Dun & Bradstreet Corporation (The) during the 2nd quarter valued at about $253,000. 90.19% of the stock is owned by hedge funds and other institutional investors.

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Separately, Zacks Investment Research lowered shares of Dun & Bradstreet Corporation (The) from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $117.00.

Shares of Dun & Bradstreet Corporation (DNB) opened at 118.00 on Wednesday. The stock has a 50 day moving average of $113.09 and a 200-day moving average of $109.40. The firm has a market capitalization of $4.36 billion, a price-to-earnings ratio of 40.18 and a beta of 1.24. Dun & Bradstreet Corporation has a 52 week low of $100.46 and a 52 week high of $128.57.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last announced its earnings results on Wednesday, August 2nd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.24. The business had revenue of $408.40 million during the quarter, compared to analysts’ expectations of $410.90 million. Dun & Bradstreet Corporation (The) had a net margin of 6.36% and a negative return on equity of 26.85%. The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter last year, the company posted $1.37 EPS. Analysts expect that Dun & Bradstreet Corporation will post $7.04 earnings per share for the current year.

About Dun & Bradstreet Corporation (The)

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.

Institutional Ownership by Quarter for Dun & Bradstreet Corporation (The) (NYSE:DNB)

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