Dun & Bradstreet Corporation (The) (NYSE:DNB) Stake Boosted by Morgan Stanley

Morgan Stanley boosted its position in Dun & Bradstreet Corporation (The) (NYSE:DNB) by 31.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 209,739 shares of the business services provider’s stock after buying an additional 50,384 shares during the period. Morgan Stanley’s holdings in Dun & Bradstreet Corporation (The) were worth $22,639,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. purchased a new stake in Dun & Bradstreet Corporation (The) during the fourth quarter worth approximately $1,472,000. UBS Asset Management Americas Inc. increased its stake in Dun & Bradstreet Corporation (The) by 1.5% in the fourth quarter. UBS Asset Management Americas Inc. now owns 127,819 shares of the business services provider’s stock worth $15,507,000 after buying an additional 1,839 shares during the last quarter. Gulf International Bank UK Ltd increased its stake in Dun & Bradstreet Corporation (The) by 0.9% in the first quarter. Gulf International Bank UK Ltd now owns 10,838 shares of the business services provider’s stock worth $1,169,000 after buying an additional 100 shares during the last quarter. Flinton Capital Management LLC increased its stake in Dun & Bradstreet Corporation (The) by 35.7% in the first quarter. Flinton Capital Management LLC now owns 6,384 shares of the business services provider’s stock worth $689,000 after buying an additional 1,680 shares during the last quarter. Finally, Highbridge Capital Management LLC purchased a new stake in Dun & Bradstreet Corporation (The) during the fourth quarter worth approximately $428,000. Institutional investors and hedge funds own 92.15% of the company’s stock.

Shares of Dun & Bradstreet Corporation (NYSE DNB) opened at 106.25 on Monday. The stock has a market capitalization of $3.92 billion, a PE ratio of 47.24 and a beta of 1.22. Dun & Bradstreet Corporation has a 12 month low of $100.46 and a 12 month high of $141.57. The company’s 50-day moving average is $105.72 and its 200-day moving average is $111.28.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last released its quarterly earnings results on Monday, May 1st. The business services provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. The business had revenue of $383.80 million for the quarter, compared to the consensus estimate of $380.04 million. Dun & Bradstreet Corporation (The) had a net margin of 4.85% and a negative return on equity of 25.59%. Dun & Bradstreet Corporation (The)’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.18 EPS. Equities research analysts expect that Dun & Bradstreet Corporation will post $7.00 earnings per share for the current fiscal year.

WARNING: This piece was originally reported by WKRB News and is owned by of WKRB News. If you are reading this piece on another domain, it was illegally copied and reposted in violation of U.S. and international copyright & trademark law. The correct version of this piece can be viewed at https://www.wkrb13.com/markets/2284822/dun-bradstreet-corporation-the-nysednb-stake-boosted-by-morgan-stanley.html.

DNB has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a report on Monday, April 17th. BidaskClub raised shares of Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Two analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The company has an average rating of “Hold” and an average target price of $112.50.

About Dun & Bradstreet Corporation (The)

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.

Want to see what other hedge funds are holding DNB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dun & Bradstreet Corporation (The) (NYSE:DNB).

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

This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2284822/dun-bradstreet-corporation-the-nysednb-stake-boosted-by-morgan-stanley.html

Receive News & Ratings for Dun & Bradstreet Corporation (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dun & Bradstreet Corporation (The) and related companies with MarketBeat.com's FREE daily email newsletter.

 


Leave a Reply

 
© 2006-2017 WKRB News.