Nationwide Fund Advisors Holds Stake in Dun & Bradstreet Corp. (DNB)
Nationwide Fund Advisors continued to hold its position in shares of Dun & Bradstreet Corp. (NYSE:DNB) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,223 shares of the company’s stock at the end of the third quarter. Nationwide Fund Advisors’ holdings in Dun & Bradstreet Corp. were worth $1,397,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of DNB. IFP Advisors Inc boosted its position in shares of Dun & Bradstreet Corp. by 2,669.8% in the second quarter. IFP Advisors Inc now owns 1,191 shares of the company’s stock worth $145,000 after buying an additional 1,148 shares during the last quarter. Livingston Group Asset Management CO operating as Southport Capital Management bought a new position in shares of Dun & Bradstreet Corp. during the second quarter worth about $149,000. DekaBank Deutsche Girozentrale boosted its position in shares of Dun & Bradstreet Corp. by 117.3% in the second quarter. DekaBank Deutsche Girozentrale now owns 1,304 shares of the company’s stock worth $156,000 after buying an additional 704 shares during the last quarter. Deere & Co. bought a new position in shares of Dun & Bradstreet Corp. during the second quarter worth about $204,000. Finally, BOKF NA bought a new position in shares of Dun & Bradstreet Corp. during the second quarter worth about $205,000. 91.74% of the stock is owned by institutional investors and hedge funds.
Dun & Bradstreet Corp. (NYSE:DNB) traded up 0.63% during midday trading on Tuesday, reaching $123.10. The company had a trading volume of 261,381 shares. The stock’s 50 day moving average is $122.32 and its 200 day moving average is $128.63. The company has a market capitalization of $4.53 billion, a PE ratio of 47.06 and a beta of 1.45. Dun & Bradstreet Corp. has a one year low of $85.99 and a one year high of $141.57.
Dun & Bradstreet Corp. (NYSE:DNB) last issued its quarterly earnings data on Tuesday, November 1st. The company reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.75 by $0.04. Dun & Bradstreet Corp. had a negative return on equity of 24.33% and a net margin of 5.70%. The company earned $412.80 million during the quarter, compared to analysts’ expectations of $423.62 million. During the same quarter in the previous year, the company posted $1.62 earnings per share. The business’s revenue was up 1.6% on a year-over-year basis. Equities research analysts forecast that Dun & Bradstreet Corp. will post $7.38 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 9th. Stockholders of record on Wednesday, November 23rd will be issued a dividend of $0.4825 per share. This represents a $1.93 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date of this dividend is Monday, November 21st. Dun & Bradstreet Corp.’s dividend payout ratio is presently 73.11%.
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A number of equities analysts have recently issued reports on the company. Zacks Investment Research raised Dun & Bradstreet Corp. from a “sell” rating to a “hold” rating in a report on Thursday, August 4th. William Blair restated a “market perform” rating on shares of Dun & Bradstreet Corp. in a research report on Monday, October 17th. Finally, Barclays PLC increased their price target on Dun & Bradstreet Corp. from $100.00 to $125.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 3rd.
Dun & Bradstreet Corp. 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, Canada and Latin America, and Non-Americas, which consists of its operations in the United Kingdom, the Netherlands, Belgium, Greater China and India.
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