Aperio Group LLC reduced its position in shares of Dun & Bradstreet Corp (NYSE:DNB) by 3.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,594 shares of the business services provider’s stock after selling 426 shares during the quarter. Aperio Group LLC’s holdings in Dun & Bradstreet were worth $1,610,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Hermes Investment Management Ltd. grew its stake in shares of Dun & Bradstreet by 6,933.3% in the fourth quarter. Hermes Investment Management Ltd. now owns 375,013 shares of the business services provider’s stock worth $44,405,000 after acquiring an additional 369,681 shares during the period. Quantum Capital Management bought a new stake in shares of Dun & Bradstreet in the third quarter worth approximately $6,822,000. APG Asset Management N.V. grew its stake in shares of Dun & Bradstreet by 34.3% in the fourth quarter. APG Asset Management N.V. now owns 215,000 shares of the business services provider’s stock worth $21,201,000 after acquiring an additional 54,900 shares during the period. Becker Capital Management Inc. grew its stake in shares of Dun & Bradstreet by 61.6% in the third quarter. Becker Capital Management Inc. now owns 103,428 shares of the business services provider’s stock worth $12,040,000 after acquiring an additional 39,408 shares during the period. Finally, Bessemer Group Inc. grew its stake in shares of Dun & Bradstreet by 3.0% in the third quarter. Bessemer Group Inc. now owns 1,323,140 shares of the business services provider’s stock worth $154,027,000 after acquiring an additional 38,076 shares during the period. Institutional investors and hedge funds own 94.15% of the company’s stock.
Dun & Bradstreet Corp (NYSE DNB) opened at $124.69 on Friday. 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 $4,610.00, a P/E ratio of 20.92, a P/E/G ratio of 3.25 and a beta of 1.27. Dun & Bradstreet Corp has a 1-year low of $101.17 and a 1-year high of $125.32.
Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Monday, February 12th. The business services provider reported $3.22 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $535.82 million. During the same quarter in the previous year, the firm earned $2.99 earnings per share. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. analysts expect that Dun & Bradstreet Corp will post 8.12 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Thursday, February 22nd will be issued a dividend of $0.5225 per share. The ex-dividend date of this dividend is Wednesday, February 21st. This represents a $2.09 annualized dividend and a yield of 1.68%. This is an increase from Dun & Bradstreet’s previous quarterly dividend of $0.50. Dun & Bradstreet’s payout ratio is currently 35.07%.
A number of equities analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Dun & Bradstreet from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. ValuEngine raised shares of Dun & Bradstreet from a “hold” rating to a “buy” rating in a report on Tuesday, February 13th. Barclays raised shares of 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 report on Monday, November 13th. William Blair reissued a “market perform” rating on shares of Dun & Bradstreet in a report on Tuesday, February 13th. Finally, Goldman Sachs Group assumed coverage on shares of Dun & Bradstreet in a report on Wednesday, November 8th. They issued a “neutral” rating and a $125.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price 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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