Stone Ridge Asset Management LLC purchased a new stake in Dun & Bradstreet (NYSE:DNB) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 11,953 shares of the business services provider’s stock, valued at approximately $1,415,000.
Several other institutional investors also recently added to or reduced their stakes in the company. Cerebellum GP LLC acquired a new position in Dun & Bradstreet during the 4th quarter worth approximately $128,000. First Mercantile Trust Co. purchased a new stake in shares of Dun & Bradstreet during the 4th quarter worth approximately $184,000. Eagle Ridge Investment Management purchased a new stake in shares of Dun & Bradstreet during the 4th quarter worth approximately $201,000. Moneta Group Investment Advisors LLC purchased a new stake in shares of Dun & Bradstreet during the 3rd quarter worth approximately $204,000. Finally, Magnetar Financial LLC purchased a new stake in shares of Dun & Bradstreet during the 3rd quarter worth approximately $206,000. 91.53% of the stock is currently owned by institutional investors and hedge funds.
Several brokerages have recently weighed in on DNB. ValuEngine downgraded shares of Dun & Bradstreet from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Zacks Investment Research upgraded shares of Dun & Bradstreet from a “hold” rating to a “buy” rating and set a $133.00 price target for the company in a research report on Friday, February 16th. William Blair reiterated a “market perform” rating on shares of Dun & Bradstreet in a research report on Tuesday, February 13th. JPMorgan Chase upped their price target on shares of Dun & Bradstreet from $117.00 to $124.00 and gave the company a “neutral” rating in a research report on Wednesday, February 14th. Finally, Barclays upgraded shares of Dun & Bradstreet from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $132.00 to $140.00 in a research report on Wednesday, February 14th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $129.80.
Shares of NYSE:DNB traded down $2.75 on Friday, reaching $115.56. 203,002 shares of the company were exchanged, compared to its average volume of 511,765. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of -2.03. Dun & Bradstreet has a 1-year low of $101.17 and a 1-year high of $130.95. The stock has a market cap of $4,377.01, a PE ratio of 15.70, a price-to-earnings-growth ratio of 3.24 and a beta of 1.22.
Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings results on Monday, February 12th. The business services provider reported $3.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $3.04 by $0.18. The business had revenue of $528.30 million for the quarter, compared to analysts’ expectations of $535.82 million. Dun & Bradstreet had a net margin of 8.09% and a negative return on equity of 30.74%. The business’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.99 EPS. equities analysts anticipate that Dun & Bradstreet will post 8.12 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Thursday, February 22nd were paid a $0.5225 dividend. This represents a $2.09 dividend on an annualized basis and a yield of 1.81%. This is a boost from Dun & Bradstreet’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Wednesday, February 21st. Dun & Bradstreet’s dividend payout ratio is presently 28.40%.
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Dun & Bradstreet Profile
The Dun & Bradstreet Corporation provides commercial data, analytics, and insight on businesses. The company operates through two segments, Americas and Non-Americas. It offers risk management solutions comprising trade credit solutions, such as The D&B Credit Suite, which includes D&B Credit and DNBi, subscription-based online applications that offer customers real time access to information, comprehensive monitoring, and portfolio analysis; various business information reports; and D&B Credibility solutions primarily for small businesses; Supplier Risk Manager, an online application that helps businesses mitigate supply chain risk; Compliance product suite that includes D&B Onboard and D&B Compliance Check, which helps customers comply with anti-money laundering and anti-bribery and corruption regulations through onboarding, screening, and monitoring of customers and third parties; and D&B Direct, an API that enables data integration inside enterprise applications, such as ERP, and enables master data management and toolkit.
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