Whittier Trust Co. maintained its position in shares of Dun & Bradstreet Corp. (NYSE:DNB) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,450 shares of the company’s stock at the end of the second quarter. Whittier Trust Co.’s holdings in Dun & Bradstreet Corp. were worth $298,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of DNB. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new position in shares of Dun & Bradstreet Corp. during the second quarter valued at approximately $149,000. LVM Capital Management Ltd. MI acquired a new position in shares of Dun & Bradstreet Corp. during the second quarter valued at approximately $219,000. Norris Perne & French LLP MI acquired a new position in shares of Dun & Bradstreet Corp. during the second quarter valued at approximately $231,000. Leavell Investment Management Inc. acquired a new position in shares of Dun & Bradstreet Corp. during the second quarter valued at approximately $250,000. Finally, Capstone Asset Management Co. increased its position 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 in the last quarter. 92.29% of the stock is currently owned by institutional investors.
Dun & Bradstreet Corp. (NYSE:DNB) traded up 0.01% during mid-day trading on Friday, hitting $126.25. The stock had a trading volume of 158,277 shares. The stock’s 50 day moving average price is $134.53 and its 200 day moving average price is $125.15. Dun & Bradstreet Corp. has a one year low of $85.99 and a one year high of $141.57. The firm has a market capitalization of $4.58 billion, a price-to-earnings ratio of 24.94 and a beta of 1.32.
Dun & Bradstreet Corp. (NYSE:DNB) last issued its quarterly earnings results on Monday, August 1st. The company reported $1.37 EPS for the quarter, beating the 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 analysts’ expectations of $394.84 million. During the same period in the prior year, the firm posted $1.25 earnings per share. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. Analysts forecast that Dun & Bradstreet Corp. will post $7.40 EPS for the current year.
Several brokerages have commented on DNB. Zacks Investment Research downgraded Dun & Bradstreet Corp. from a “buy” rating to a “sell” rating in a research report on Tuesday, July 12th. Barclays PLC boosted their price objective on Dun & Bradstreet Corp. from $100.00 to $125.00 and gave the company an “underweight” rating in a research report on Wednesday, August 3rd.
In related news, COO Joshua L. Peirez sold 36,508 shares of the stock in a transaction that occurred on Wednesday, August 3rd. The stock was sold at an average price of $139.59, for a total transaction of $5,096,151.72. Following the completion of the transaction, the chief operating officer now directly owns 26,879 shares of the company’s stock, valued at $3,752,039.61. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Christie Hill sold 15,883 shares of the stock in a transaction that occurred on Wednesday, August 3rd. The shares were sold at an average price of $139.00, for a total value of $2,207,737.00. Following the transaction, the insider now directly owns 17,333 shares of the company’s stock, valued at $2,409,287. 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.
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