Dun & Bradstreet Corp (DNB) Position Cut by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC lessened its stake in Dun & Bradstreet Corp (NYSE:DNB) by 23.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,941 shares of the business services provider’s stock after selling 17,049 shares during the period. Gateway Investment Advisers LLC’s holdings in Dun & Bradstreet were worth $6,506,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. OxFORD Asset Management LLP grew its position in Dun & Bradstreet by 1.6% in the 2nd quarter. OxFORD Asset Management LLP now owns 13,291 shares of the business services provider’s stock valued at $1,437,000 after buying an additional 207 shares in the last quarter. M&T Bank Corp grew its position in Dun & Bradstreet by 8.9% in the 2nd quarter. M&T Bank Corp now owns 5,584 shares of the business services provider’s stock valued at $604,000 after buying an additional 457 shares in the last quarter. Pacer Advisors Inc. grew its position in Dun & Bradstreet by 8.4% in the 3rd quarter. Pacer Advisors Inc. now owns 6,185 shares of the business services provider’s stock valued at $720,000 after buying an additional 481 shares in the last quarter. Virginia Retirement Systems ET AL grew its position in Dun & Bradstreet by 13.5% in the 3rd quarter. Virginia Retirement Systems ET AL now owns 4,200 shares of the business services provider’s stock valued at $489,000 after buying an additional 500 shares in the last quarter. Finally, Commonwealth Equity Services Inc grew its position in Dun & Bradstreet by 23.2% in the 3rd quarter. Commonwealth Equity Services Inc now owns 2,719 shares of the business services provider’s stock valued at $316,000 after buying an additional 512 shares in the last quarter. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Dun & Bradstreet Corp (DNB) opened at $119.73 on Friday. Dun & Bradstreet Corp has a 12-month low of $100.46 and a 12-month high of $125.57. The company has a debt-to-equity ratio of -1.93, a quick ratio of 0.92 and a current ratio of 0.92. The firm has a market cap of $4,425.22, a PE ratio of 16.79, a PEG ratio of 1.81 and a beta of 1.27.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings data on Wednesday, November 1st. The business services provider reported $1.79 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.58 by $0.21. Dun & Bradstreet had a net margin of 11.12% and a negative return on equity of 28.31%. The company had revenue of $428.30 million during the quarter, compared to analyst estimates of $428.81 million. During the same quarter last year, the firm posted $1.79 EPS. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. sell-side analysts expect that Dun & Bradstreet Corp will post 7.17 earnings per share for the current year.

Several equities analysts have recently weighed in on the stock. Goldman Sachs Group assumed coverage on shares of Dun & Bradstreet in a research report on Wednesday, November 8th. They set a “neutral” rating and a $125.00 price objective for the company. Zacks Investment Research lowered shares of Dun & Bradstreet from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Robert W. Baird reduced their price objective on shares of Dun & Bradstreet from $130.00 to $127.00 and set an “outperform” rating for the company in a research report on Friday, November 3rd. Finally, Barclays upgraded shares of Dun & Bradstreet from an “underweight” rating to an “equal weight” rating and raised their price objective for the company from $105.00 to $125.00 in a research report on Monday, November 13th. 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’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $125.75.

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

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