Bank of Montreal Can decreased its stake in Dun & Bradstreet Corporation (The) (NYSE:DNB) by 56.6% during the second quarter, Holdings Channel reports. The fund owned 15,177 shares of the business services provider’s stock after selling 19,769 shares during the period. Bank of Montreal Can’s holdings in Dun & Bradstreet Corporation (The) were worth $1,641,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Dun & Bradstreet Corporation (The) by 7.7% in the first quarter. Vanguard Group Inc. now owns 3,869,295 shares of the business services provider’s stock valued at $417,651,000 after buying an additional 278,057 shares during the last quarter. FMR LLC increased its position in shares of Dun & Bradstreet Corporation (The) by 8.3% in the first quarter. FMR LLC now owns 2,648,511 shares of the business services provider’s stock valued at $285,880,000 after buying an additional 202,192 shares during the last quarter. BlackRock Inc. increased its position in shares of Dun & Bradstreet Corporation (The) by 3,456.1% in the first quarter. BlackRock Inc. now owns 2,538,479 shares of the business services provider’s stock valued at $274,004,000 after buying an additional 2,467,096 shares during the last quarter. State Street Corp increased its position in shares of Dun & Bradstreet Corporation (The) by 1.1% in the first quarter. State Street Corp now owns 1,555,172 shares of the business services provider’s stock valued at $167,869,000 after buying an additional 16,978 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Dun & Bradstreet Corporation (The) by 7.0% in the first quarter. Wellington Management Group LLP now owns 865,788 shares of the business services provider’s stock valued at $93,453,000 after buying an additional 56,935 shares during the last quarter. 90.24% of the stock is owned by institutional investors and hedge funds.

Dun & Bradstreet Corporation (NYSE:DNB) traded up 0.65% on Tuesday, reaching $114.03. The company had a trading volume of 55,986 shares. Dun & Bradstreet Corporation has a 52-week low of $100.46 and a 52-week high of $139.86. The company has a market capitalization of $4.21 billion, a PE ratio of 38.83 and a beta of 1.22. The company’s 50-day moving average is $109.62 and its 200-day moving average is $108.60.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last posted its earnings results on Wednesday, August 2nd. The business services provider reported $1.40 EPS for the quarter, topping the Zacks’ consensus estimate of $1.16 by $0.24. The company had revenue of $408.40 million for the quarter, compared to the consensus estimate of $410.90 million. Dun & Bradstreet Corporation (The) had a negative return on equity of 26.85% and a net margin of 6.36%. Dun & Bradstreet Corporation (The)’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.37 earnings per share. Equities analysts anticipate that Dun & Bradstreet Corporation will post $7.04 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Wednesday, August 23rd will be given a dividend of $0.5025 per share. The ex-dividend date of this dividend is Monday, August 21st. This represents a $2.01 dividend on an annualized basis and a yield of 1.77%. Dun & Bradstreet Corporation (The)’s payout ratio is 68.37%.

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Several research analysts have recently weighed in on DNB shares. Zacks Investment Research raised Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a research note on Monday, April 17th. BidaskClub raised Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $117.33.

Dun & Bradstreet Corporation (The) Company Profile

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.

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

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