Dun & Bradstreet Corp (DNB) Holdings Lifted by Arizona State Retirement System

Arizona State Retirement System grew its position in Dun & Bradstreet Corp (NYSE:DNB) by 2.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 26,361 shares of the business services provider’s stock after buying an additional 614 shares during the period. Arizona State Retirement System owned approximately 0.07% of Dun & Bradstreet worth $3,757,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Livingston Group Asset Management CO operating as Southport Capital Management bought a new stake in shares of Dun & Bradstreet in the third quarter worth approximately $146,000. Global X Management Co LLC bought a new stake in shares of Dun & Bradstreet in the second quarter worth approximately $185,000. Cutler Group LP bought a new stake in shares of Dun & Bradstreet in the second quarter worth approximately $196,000. Creative Planning bought a new stake in shares of Dun & Bradstreet in the third quarter worth approximately $222,000. Finally, PEAK6 Investments L.P. grew its stake in shares of Dun & Bradstreet by 148.8% in the second quarter. PEAK6 Investments L.P. now owns 1,991 shares of the business services provider’s stock worth $244,000 after acquiring an additional 6,074 shares during the period. 88.77% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE DNB opened at $142.43 on Friday. The company has a market cap of $5.28 billion, a P/E ratio of 19.35, a price-to-earnings-growth ratio of 2.80 and a beta of 1.12. Dun & Bradstreet Corp has a 12-month low of $105.42 and a 12-month high of $145.00.

Dun & Bradstreet (NYSE:DNB) last announced its earnings results on Thursday, November 1st. The business services provider reported $1.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.13). The business had revenue of $416.70 million for the quarter, compared to the consensus estimate of $432.51 million. Dun & Bradstreet had a net margin of 13.02% and a negative return on equity of 35.87%. The business’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.79 earnings per share. On average, equities analysts predict that Dun & Bradstreet Corp will post 8.47 EPS for the current fiscal year.

A number of analysts have recently commented on DNB shares. Zacks Investment Research upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Monday, August 27th. Robert W. Baird lifted their price target on shares of Dun & Bradstreet from $135.00 to $145.00 and gave the stock a “neutral” rating in a research note on Thursday, August 9th. ValuEngine upgraded shares of Dun & Bradstreet from a “hold” rating to a “buy” rating in a research note on Thursday, August 9th. Finally, Barclays reiterated an “equal weight” rating and issued a $145.00 price target (up from $140.00) on shares of Dun & Bradstreet in a research note on Friday, August 10th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Dun & Bradstreet has a consensus rating of “Hold” and an average target price of $133.40.

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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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Institutional Ownership by Quarter for Dun & Bradstreet (NYSE:DNB)

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