SG Americas Securities LLC decreased its holdings in shares of Dun & Bradstreet Corp (NYSE:DNB) by 89.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,264 shares of the business services provider’s stock after selling 19,001 shares during the quarter. SG Americas Securities LLC’s holdings in Dun & Bradstreet were worth $264,000 at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. ETF Managers Group LLC bought a new stake in Dun & Bradstreet during the 2nd quarter valued at approximately $173,000. Nomura Holdings Inc. bought a new stake in Dun & Bradstreet during the 2nd quarter valued at approximately $206,000. Tocqueville Asset Management L.P. bought a new stake in Dun & Bradstreet during the 2nd quarter valued at approximately $216,000. Bridgewater Associates LP bought a new stake in Dun & Bradstreet during the 2nd quarter valued at approximately $253,000. Finally, Stoneridge Investment Partners LLC bought a new stake in shares of Dun & Bradstreet in the 3rd quarter worth approximately $297,000. Hedge funds and other institutional investors own 90.82% of the company’s stock.
Dun & Bradstreet Corp (NYSE:DNB) traded up $0.47 during trading on Thursday, hitting $120.33. The company had a trading volume of 254,491 shares, compared to its average volume of 246,761. The company has a debt-to-equity ratio of -1.93, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market cap of $4,450.00, a P/E ratio of 22.70, a PEG ratio of 1.81 and a beta of 1.27. Dun & Bradstreet Corp has a 1-year low of $100.46 and a 1-year high of $125.57.
Dun & Bradstreet (NYSE:DNB) last posted its earnings results on Wednesday, November 1st. The business services provider reported $1.79 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.58 by $0.21. The business had revenue of $428.30 million during the quarter, compared to the consensus estimate of $428.81 million. Dun & Bradstreet had a negative return on equity of 28.31% and a net margin of 11.12%. Dun & Bradstreet’s revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the company earned $1.79 EPS. sell-side analysts anticipate that Dun & Bradstreet Corp will post 7.17 EPS for the current year.
A number of analysts have commented on DNB shares. Zacks Investment Research upgraded Dun & Bradstreet from a “hold” rating to a “buy” rating and set a $126.00 price objective for the company in a research report on Thursday, September 21st. Barclays upgraded Dun & Bradstreet from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $105.00 to $125.00 in a research report on Monday, November 13th. Goldman Sachs Group started coverage on Dun & Bradstreet in a research report on Wednesday, November 8th. They issued a “neutral” rating and a $125.00 price objective for the company. Finally, Robert W. Baird reduced their price objective on Dun & Bradstreet from $130.00 to $127.00 and set an “outperform” rating for the company in a research report on Friday, November 3rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $125.75.
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About Dun & Bradstreet
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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