Sciencast Management LP acquired a new stake in Dun & Bradstreet Corp (NYSE:DNB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 2,166 shares of the business services provider’s stock, valued at approximately $259,000.
A number of other large investors have also recently modified their holdings of DNB. Cerebellum GP LLC bought a new stake in shares of Dun & Bradstreet during the 4th quarter worth about $128,000. First Mercantile Trust Co. bought a new stake in shares of Dun & Bradstreet during the 4th quarter worth about $184,000. Eagle Ridge Investment Management bought a new stake in shares of Dun & Bradstreet during the 4th quarter worth about $201,000. Moneta Group Investment Advisors LLC bought a new stake in shares of Dun & Bradstreet during the 3rd quarter worth about $204,000. Finally, Magnetar Financial LLC bought a new stake in shares of Dun & Bradstreet during the 3rd quarter worth about $206,000. Hedge funds and other institutional investors own 91.54% of the company’s stock.
Shares of Dun & Bradstreet Corp (NYSE:DNB) opened at $126.52 on Friday. Dun & Bradstreet Corp has a 52-week low of $101.17 and a 52-week high of $130.95. The company has a market cap of $4,680.73, a PE ratio of 17.19, a price-to-earnings-growth ratio of 3.46 and a beta of 1.20. The company has a debt-to-equity ratio of -2.03, a quick ratio of 1.04 and a current ratio of 1.04.
Dun & Bradstreet (NYSE:DNB) last released its earnings results on Monday, February 12th. The business services provider reported $3.22 EPS for the quarter, topping 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 30.74%. The business had revenue of $528.30 million for the quarter, compared to the consensus estimate of $535.82 million. During the same period in the previous year, the firm earned $2.99 EPS. The business’s revenue for the quarter was up 2.2% on a year-over-year basis. sell-side analysts anticipate that Dun & Bradstreet Corp will post 8.12 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Thursday, February 22nd were issued a $0.5225 dividend. This is an increase from Dun & Bradstreet’s previous quarterly dividend of $0.50. This represents a $2.09 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date was Wednesday, February 21st. Dun & Bradstreet’s payout ratio is presently 55.15%.
A number of research firms have commented on DNB. 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 report on Friday, February 16th. William Blair restated a “market perform” rating on shares of Dun & Bradstreet in a research report on Tuesday, February 13th. JPMorgan Chase & Co. boosted their price target on shares of Dun & Bradstreet from $117.00 to $124.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 14th. Barclays upgraded shares of Dun & Bradstreet from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $132.00 to $140.00 in a research report on Wednesday, February 14th. Finally, ValuEngine upgraded shares of Dun & Bradstreet from a “hold” rating to a “buy” rating in a research report on Tuesday, February 13th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $129.80.
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Dun & Bradstreet 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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