Artemis Investment Management LLP held its stake in shares of Dun & Bradstreet Corp. (NYSE:DNB) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,132 shares of the company’s stock at the end of the second quarter. Artemis Investment Management LLP’s holdings in Dun & Bradstreet Corp. were worth $138,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of DNB. LVM Capital Management Ltd. MI acquired a new stake in shares of Dun & Bradstreet Corp. during the second quarter worth $219,000. Norris Perne & French LLP MI purchased a new stake in Dun & Bradstreet Corp. during the second quarter worth $231,000. Leavell Investment Management Inc. purchased a new stake in Dun & Bradstreet Corp. during the second quarter worth $250,000. FDO Partners LLC boosted its stake in Dun & Bradstreet Corp. by 11.8% in the first quarter. FDO Partners LLC now owns 2,576 shares of the company’s stock worth $266,000 after buying an additional 271 shares during the period. Finally, Capstone Asset Management Co. boosted its stake in Dun & Bradstreet Corp. by 4.5% in the second quarter. Capstone Asset Management Co. now owns 2,309 shares of the company’s stock worth $281,000 after buying an additional 100 shares during the period. 92.30% of the stock is currently owned by institutional investors.
Dun & Bradstreet Corp. (NYSE:DNB) traded up 1.41% during trading on Friday, reaching $136.62. 224,088 shares of the company’s stock traded hands. Dun & Bradstreet Corp. has a 12 month low of $85.99 and a 12 month high of $141.57. The company has a market capitalization of $4.96 billion, a price-to-earnings ratio of 26.98 and a beta of 1.30. The firm’s 50 day moving average is $136.55 and its 200-day moving average is $123.45.
Dun & Bradstreet Corp. (NYSE:DNB) last posted its quarterly earnings results on Monday, August 1st. The company reported $1.37 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.18 by $0.19. Dun & Bradstreet Corp. had a net margin of 10.99% and a negative return on equity of 23.87%. The firm had revenue of $389.80 million for the quarter, compared to the consensus estimate of $394.84 million. During the same quarter in the previous year, the company earned $1.25 earnings per share. The business’s revenue was up 4.6% compared to the same quarter last year. Analysts expect that Dun & Bradstreet Corp. will post $7.40 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 9th. Shareholders of record on Wednesday, August 24th were paid a dividend of $0.4825 per share. The ex-dividend date of this dividend was Monday, August 22nd. This represents a $1.93 dividend on an annualized basis and a yield of 1.41%. Dun & Bradstreet Corp.’s dividend payout ratio is currently 38.14%.
DNB has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Dun & Bradstreet Corp. from a “sell” rating to a “hold” rating in a report on Thursday, August 4th. Barclays PLC increased their price objective 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 other Dun & Bradstreet Corp. news, insider Christie Hill sold 15,883 shares of Dun & Bradstreet Corp. stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $139.00, for a total transaction of $2,207,737.00. Following the sale, the insider now owns 17,333 shares in the company, valued at $2,409,287. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Richard H. Veldran sold 29,158 shares of Dun & Bradstreet Corp. stock in a transaction on Wednesday, August 3rd. The stock was sold at an average price of $139.58, for a total transaction of $4,069,873.64. Following the sale, the chief financial officer now owns 15,367 shares in the company, valued at approximately $2,144,925.86. The disclosure for this sale can be found here. Company insiders own 0.53% of the company’s stock.
Dun & Bradstreet Corp. Company Profile
The Dun & Bradstreet Corporation is the source of commercial data, analytics and insight on businesses. The Company’s commercial database contained over 240 million business records. The customers use D&B Risk management solutions to mitigate credit, compliance and supplier risk, and D&B Sales and marketing solutions to offers data management capabilities.
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