Zebra Capital Management LLC lowered its stake in shares of Dun & Bradstreet Corp (NYSE:DNB) by 46.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,001 shares of the business services provider’s stock after selling 5,137 shares during the period. Zebra Capital Management LLC’s holdings in Dun & Bradstreet were worth $736,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Amalgamated Bank lifted its position in Dun & Bradstreet by 5.0% during the second quarter. Amalgamated Bank now owns 8,143 shares of the business services provider’s stock worth $999,000 after buying an additional 390 shares during the period. Cambiar Investors LLC lifted its position in Dun & Bradstreet by 1.1% during the second quarter. Cambiar Investors LLC now owns 36,962 shares of the business services provider’s stock worth $4,533,000 after buying an additional 392 shares during the period. AGF Investments America Inc. lifted its position in Dun & Bradstreet by 2.4% during the second quarter. AGF Investments America Inc. now owns 20,935 shares of the business services provider’s stock worth $2,568,000 after buying an additional 486 shares during the period. Eqis Capital Management Inc. lifted its position in Dun & Bradstreet by 11.5% during the second quarter. Eqis Capital Management Inc. now owns 5,696 shares of the business services provider’s stock worth $699,000 after buying an additional 586 shares during the period. Finally, Crawford Investment Counsel Inc. lifted its position in Dun & Bradstreet by 4.4% during the first quarter. Crawford Investment Counsel Inc. now owns 17,385 shares of the business services provider’s stock worth $2,034,000 after buying an additional 725 shares during the period. 88.68% of the stock is currently owned by institutional investors and hedge funds.
DNB has been the topic of a number of research reports. Zacks Investment Research downgraded Dun & Bradstreet from a “buy” rating to a “hold” rating in a report on Thursday, July 12th. Robert W. Baird raised their price objective on Dun & Bradstreet from $135.00 to $145.00 and gave the stock a “neutral” rating in a report on Thursday, August 9th. ValuEngine upgraded Dun & Bradstreet from a “hold” rating to a “buy” rating in a report on Thursday, August 9th. Barclays restated an “equal weight” rating and issued a $145.00 price objective (up from $140.00) on shares of Dun & Bradstreet in a report on Friday, August 10th. Finally, Wells Fargo & Co raised their price objective on Dun & Bradstreet from $113.00 to $120.00 and gave the stock a “market perform” rating in a report on Monday, June 25th. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $132.00.
Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Wednesday, August 8th. The business services provider reported $1.40 EPS for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.10). The firm had revenue of $439.60 million during the quarter, compared to analysts’ expectations of $402.78 million. Dun & Bradstreet had a negative return on equity of 34.95% and a net margin of 13.08%. equities analysts forecast that Dun & Bradstreet Corp will post 8.47 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 7th. Stockholders of record on Wednesday, August 22nd were issued a $0.5225 dividend. The ex-dividend date was Tuesday, August 21st. This represents a $2.09 dividend on an annualized basis and a dividend yield of 1.45%. Dun & Bradstreet’s dividend payout ratio (DPR) is 28.40%.
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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