SG Americas Securities LLC lessened its holdings in Dun & Bradstreet (NYSE:DNB) by 14.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,476 shares of the business services provider’s stock after selling 1,753 shares during the quarter. SG Americas Securities LLC’s holdings in Dun & Bradstreet were worth $1,226,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Cerebellum GP LLC acquired a new position in Dun & Bradstreet in the fourth quarter worth $128,000. First Mercantile Trust Co. acquired a new position in shares of Dun & Bradstreet during the fourth quarter valued at $184,000. Eagle Ridge Investment Management acquired a new position in shares of Dun & Bradstreet during the fourth quarter valued at $201,000. Gotham Asset Management LLC acquired a new position in shares of Dun & Bradstreet during the fourth quarter valued at $220,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Dun & Bradstreet by 43.8% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,930 shares of the business services provider’s stock valued at $229,000 after acquiring an additional 588 shares during the period. 90.47% of the stock is owned by hedge funds and other institutional investors.
Shares of Dun & Bradstreet opened at $124.74 on Tuesday, according to Marketbeat Ratings. Dun & Bradstreet has a 1 year low of $101.17 and a 1 year high of $130.95. The company has a debt-to-equity ratio of -1.56, a current ratio of 0.52 and a quick ratio of 0.52. The firm has a market cap of $4.59 billion, a PE ratio of 16.21, a PEG ratio of 3.25 and a beta of 1.22.
Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings data on Wednesday, May 9th. The business services provider reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.17. Dun & Bradstreet had a net margin of 10.64% and a negative return on equity of 33.35%. The business had revenue of $384.70 million for the quarter, compared to analysts’ expectations of $386.91 million. During the same period in the previous year, the business earned $0.95 earnings per share. The company’s revenue was up .2% on a year-over-year basis. analysts anticipate that Dun & Bradstreet will post 8.47 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 8th. Investors of record on Wednesday, May 23rd will be paid a dividend of $0.5225 per share. This represents a $2.09 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend is Tuesday, May 22nd. Dun & Bradstreet’s dividend payout ratio is currently 28.40%.
Several equities analysts have recently issued reports on the stock. JPMorgan Chase boosted their price target on shares of Dun & Bradstreet from $117.00 to $124.00 and gave the company a “neutral” rating in a report on Wednesday, February 14th. Zacks Investment Research downgraded shares of Dun & Bradstreet from a “buy” rating to a “hold” rating in a report on Tuesday, April 17th. ValuEngine downgraded shares of Dun & Bradstreet from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Barclays raised shares of Dun & Bradstreet from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $132.00 to $140.00 in a report on Wednesday, February 14th. Finally, William Blair reissued a “market perform” rating on shares of Dun & Bradstreet in a report on Tuesday, February 13th. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $129.80.
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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