Sei Investments Co. lowered its position in Dun & Bradstreet Corporation (The) (NYSE:DNB) by 15.2% during the second quarter, Holdings Channel reports. The fund owned 65,233 shares of the business services provider’s stock after selling 11,737 shares during the period. Sei Investments Co.’s holdings in Dun & Bradstreet Corporation (The) were worth $7,055,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. UBS Asset Management Americas Inc. increased its position 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 position 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. Virginia Retirement Systems ET AL acquired a new position in Dun & Bradstreet Corporation (The) during the first quarter worth approximately $572,000. Flinton Capital Management LLC increased its position 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, Swiss National Bank increased its position in Dun & Bradstreet Corporation (The) by 29.1% in the first quarter. Swiss National Bank now owns 129,378 shares of the business services provider’s stock worth $13,965,000 after buying an additional 29,200 shares during the last quarter. 90.24% of the stock is owned by institutional investors.

Dun & Bradstreet Corporation (DNB) opened at 113.29 on Tuesday. Dun & Bradstreet Corporation has a 12-month low of $100.46 and a 12-month high of $139.86. The company has a market capitalization of $4.19 billion, a P/E ratio of 38.57 and a beta of 1.22. The stock’s 50 day moving average is $109.62 and its 200-day moving average is $108.60.

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

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

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A number of equities analysts have recently commented on DNB shares. Zacks Investment Research raised shares of Dun & Bradstreet Corporation (The) from a “hold” rating to a “buy” rating and set a $127.00 price objective for the company in a report on Monday, August 7th. BidaskClub raised shares of Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target 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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