Russell Investments Group Ltd. Has $12.96 Million Position in Dun & Bradstreet Corp (DNB)
Russell Investments Group Ltd. lessened its position in shares of Dun & Bradstreet Corp (NYSE:DNB) by 10.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 111,310 shares of the business services provider’s stock after selling 13,414 shares during the period. Russell Investments Group Ltd. owned approximately 0.30% of Dun & Bradstreet worth $12,956,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of the stock. Creative Planning increased its holdings in Dun & Bradstreet by 2.0% during the 2nd quarter. Creative Planning now owns 1,257 shares of the business services provider’s stock worth $136,000 after acquiring an additional 25 shares during the period. Utah Retirement Systems increased its holdings in Dun & Bradstreet by 1.5% during the 2nd quarter. Utah Retirement Systems now owns 6,805 shares of the business services provider’s stock worth $736,000 after acquiring an additional 100 shares during the period. Financial Advisors Network Inc. increased its holdings in Dun & Bradstreet by 4.6% during the 2nd quarter. Financial Advisors Network Inc. now owns 2,778 shares of the business services provider’s stock worth $300,000 after acquiring an additional 121 shares during the period. OxFORD Asset Management LLP increased its holdings in Dun & Bradstreet by 1.6% during the 2nd quarter. OxFORD Asset Management LLP now owns 13,291 shares of the business services provider’s stock worth $1,437,000 after acquiring an additional 207 shares during the period. Finally, M&T Bank Corp increased its holdings in Dun & Bradstreet by 8.9% during the 2nd quarter. M&T Bank Corp now owns 5,584 shares of the business services provider’s stock worth $604,000 after acquiring an additional 457 shares during the period. 90.55% of the stock is currently owned by institutional investors and hedge funds.
DNB has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Dun & Bradstreet from a “hold” rating to a “buy” rating and set a $123.00 target price on the stock in a report on Thursday, August 24th. Goldman Sachs Group initiated coverage on shares of Dun & Bradstreet in a report on Wednesday, November 8th. They set a “neutral” rating and a $125.00 target price on the stock. Barclays raised shares of Dun & Bradstreet from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $105.00 to $125.00 in a report on Monday, November 13th. Finally, Robert W. Baird decreased their price target on shares of Dun & Bradstreet from $130.00 to $127.00 and set an “outperform” rating on the stock in a report on Friday, November 3rd. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Dun & Bradstreet has a consensus rating of “Hold” and an average target price of $125.75.
Dun & Bradstreet Corp (DNB) opened at $122.76 on Friday. The company has a market cap of $4,550.11, a price-to-earnings ratio of 17.27, a PEG ratio of 1.91 and a beta of 1.27. Dun & Bradstreet Corp has a twelve month low of $100.46 and a twelve month high of $125.57. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of -1.93.
Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Wednesday, November 1st. The business services provider reported $1.79 EPS for the quarter, topping the Zacks’ consensus estimate of $1.58 by $0.21. The firm had revenue of $428.30 million for the quarter, compared to analyst estimates of $428.81 million. Dun & Bradstreet had a net margin of 11.12% and a negative return on equity of 28.31%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.79 EPS. equities research analysts expect that Dun & Bradstreet Corp will post 7.17 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Wednesday, November 22nd will be issued a $0.5025 dividend. This represents a $2.01 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date is Tuesday, November 21st. Dun & Bradstreet’s payout ratio is 38.73%.
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Dun & Bradstreet 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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