Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Dun & Bradstreet Corp (NYSE:DNB) by 43.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,930 shares of the business services provider’s stock after purchasing an additional 588 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Dun & Bradstreet were worth $229,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Cerebellum GP LLC acquired a new position in shares of Dun & Bradstreet during the 4th quarter worth $128,000. Eagle Ridge Investment Management acquired a new position in shares of Dun & Bradstreet during the 4th quarter worth $201,000. Moneta Group Investment Advisors LLC acquired a new position in shares of Dun & Bradstreet during the 3rd quarter worth $204,000. Nomura Holdings Inc. acquired a new position in shares of Dun & Bradstreet during the 2nd quarter worth $206,000. Finally, Magnetar Financial LLC acquired a new position in shares of Dun & Bradstreet during the 3rd quarter worth $206,000. Institutional investors own 94.15% of the company’s stock.
Dun & Bradstreet Corp (NYSE DNB) opened at $118.83 on Wednesday. Dun & Bradstreet Corp has a 12 month low of $101.17 and a 12 month high of $125.32. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of -1.93. The stock has a market cap of $4,478.04, a price-to-earnings ratio of 16.46, a P/E/G ratio of 3.03 and a beta of 1.27.
Dun & Bradstreet (NYSE:DNB) last posted its earnings results on Monday, February 12th. The business services provider reported $3.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.04 by $0.18. Dun & Bradstreet had a net margin of 8.09% and a negative return on equity of 29.86%. The business had revenue of $528.30 million for the quarter, compared to analyst estimates of $535.82 million. During the same period last year, the business posted $2.99 EPS. Dun & Bradstreet’s revenue was up 2.2% compared to the same quarter last year. equities analysts anticipate that Dun & Bradstreet Corp will post 8 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Thursday, February 22nd will be paid a $0.5225 dividend. The ex-dividend date of this dividend is Wednesday, February 21st. This is a positive change from Dun & Bradstreet’s previous quarterly dividend of $0.50. This represents a $2.09 dividend on an annualized basis and a yield of 1.76%. Dun & Bradstreet’s dividend payout ratio (DPR) is presently 53.03%.
Several research analysts have recently commented on DNB shares. Zacks Investment Research upgraded shares of Dun & Bradstreet from a “hold” rating to a “buy” rating and set a $133.00 price target on the stock in a research note on Friday, February 16th. ValuEngine upgraded shares of Dun & Bradstreet from a “hold” rating to a “buy” rating in a research note on Tuesday, February 13th. Barclays upgraded shares of Dun & Bradstreet from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $105.00 to $125.00 in a research note on Monday, November 13th. William Blair reiterated a “market perform” rating on shares of Dun & Bradstreet in a research note on Tuesday, February 13th. Finally, JPMorgan Chase & Co. raised their target price on shares of Dun & Bradstreet from $117.00 to $124.00 and gave the company a “neutral” rating in a research note on Wednesday, February 14th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $129.80.
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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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