Candriam Luxembourg S.C.A. boosted its stake in shares of Dun & Bradstreet Corp. (NYSE:DNB) by 24.7% during the second quarter, Holdings Channel reports. The firm owned 12,083 shares of the company’s stock after buying an additional 2,393 shares during the period. Candriam Luxembourg S.C.A.’s holdings in Dun & Bradstreet Corp. were worth $1,472,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently bought and sold shares of DNB. LVM Capital Management Ltd. MI bought a new stake in shares of Dun & Bradstreet Corp. during the second quarter valued at approximately $219,000. Norris Perne & French LLP MI bought a new stake in shares of Dun & Bradstreet Corp. during the second quarter valued at approximately $231,000. Leavell Investment Management Inc. bought a new stake in shares of Dun & Bradstreet Corp. during the second quarter valued at approximately $250,000. Capstone Asset Management Co. raised its stake in shares of Dun & Bradstreet Corp. by 4.5% in the second quarter. Capstone Asset Management Co. now owns 2,309 shares of the company’s stock valued at $281,000 after buying an additional 100 shares during the last quarter. Finally, FDO Partners LLC raised its stake in shares of Dun & Bradstreet Corp. by 11.8% in the first quarter. FDO Partners LLC now owns 2,576 shares of the company’s stock valued at $266,000 after buying an additional 271 shares during the last quarter. 92.30% of the stock is owned by hedge funds and other institutional investors.
Dun & Bradstreet Corp. (NYSE:DNB) traded down 1.46% during midday trading on Tuesday, hitting $133.54. 143,555 shares of the stock were exchanged. The firm has a 50-day moving average price of $136.29 and a 200-day moving average price of $124.25. The stock has a market cap of $4.85 billion, a P/E ratio of 26.38 and a beta of 1.32. 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 results on Monday, August 1st. The company reported $1.37 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.18 by $0.19. Dun & Bradstreet Corp. had a negative return on equity of 23.87% and a net margin of 10.99%. The firm earned $389.80 million during the quarter, compared to the consensus estimate of $394.84 million. During the same period last year, the company earned $1.25 earnings per share. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. On average, equities research analysts anticipate that Dun & Bradstreet Corp. will post $7.40 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 9th. Investors of record on Wednesday, August 24th were issued a dividend of $0.4825 per share. This represents a $1.93 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend was Monday, August 22nd. Dun & Bradstreet Corp.’s dividend payout ratio is presently 38.14%.
Several equities research analysts recently commented on DNB shares. Zacks Investment Research raised shares of Dun & Bradstreet Corp. from a “hold” rating to a “buy” rating and set a $138.00 price target for the company in a report on Tuesday, July 5th. Barclays PLC boosted their price target on shares of Dun & Bradstreet Corp. from $100.00 to $125.00 and gave the stock an “underweight” rating in a report on Wednesday, August 3rd.
In related news, insider Christie Hill sold 15,883 shares of the stock in a transaction on Wednesday, August 3rd. The stock was sold at an average price of $139.00, for a total transaction of $2,207,737.00. Following the completion of the sale, the insider now directly owns 17,333 shares of the company’s stock, valued at $2,409,287. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Richard H. Veldran sold 29,158 shares of the stock in a transaction on Wednesday, August 3rd. The stock was sold at an average price of $139.58, for a total value of $4,069,873.64. Following the sale, the chief financial officer now directly owns 15,367 shares of the company’s stock, valued at $2,144,925.86. The disclosure for this sale can be found here. Corporate insiders own 0.53% of the company’s stock.
About Dun & Bradstreet Corp.
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.
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 Corp. (NYSE:DNB).
Receive News & Ratings for Dun & Bradstreet Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dun & Bradstreet Corp. and related companies with MarketBeat.com's FREE daily email newsletter.