Dun & Bradstreet Corporation (The) (DNB) Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC lessened its holdings in shares of Dun & Bradstreet Corporation (The) (NYSE:DNB) by 73.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,748 shares of the business services provider’s stock after selling 7,607 shares during the quarter. ProShare Advisors LLC’s holdings in Dun & Bradstreet Corporation (The) were worth $297,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in DNB. Profund Advisors LLC bought a new stake in shares of Dun & Bradstreet Corporation (The) in the 2nd quarter valued at approximately $487,000. Amalgamated Bank grew its stake in shares of Dun & Bradstreet Corporation (The) by 25.3% in the 2nd quarter. Amalgamated Bank now owns 7,320 shares of the business services provider’s stock valued at $792,000 after buying an additional 1,477 shares in the last quarter. BlackRock Inc. grew its stake in shares of Dun & Bradstreet Corporation (The) by 20.2% in the 2nd quarter. BlackRock Inc. now owns 3,050,058 shares of the business services provider’s stock valued at $329,861,000 after buying an additional 511,579 shares in the last quarter. Nationwide Fund Advisors grew its stake in shares of Dun & Bradstreet Corporation (The) by 548.5% in the 2nd quarter. Nationwide Fund Advisors now owns 65,035 shares of the business services provider’s stock valued at $7,034,000 after buying an additional 55,006 shares in the last quarter. Finally, Bridgewater Associates LP bought a new stake in shares of Dun & Bradstreet Corporation (The) in the 2nd quarter valued at approximately $253,000. 90.19% of the stock is currently owned by institutional investors.

Shares of Dun & Bradstreet Corporation (NYSE:DNB) opened at 118.27 on Thursday. The company has a market cap of $4.37 billion, a PE ratio of 40.27 and a beta of 1.24. The company has a 50 day moving average price of $113.30 and a 200 day moving average price of $109.46. Dun & Bradstreet Corporation has a 52 week low of $100.46 and a 52 week high of $127.64.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last announced its earnings results on Wednesday, August 2nd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.24. Dun & Bradstreet Corporation (The) had a negative return on equity of 26.85% and a net margin of 6.36%. The business had revenue of $408.40 million for the quarter, compared to analyst estimates of $410.90 million. During the same quarter last year, the firm earned $1.37 EPS. Dun & Bradstreet Corporation (The)’s revenue for the quarter was up 2.3% compared to the same quarter last year. On average, equities analysts expect that Dun & Bradstreet Corporation will post $7.04 earnings per share for the current year.

DNB has been the subject of several recent research reports. Zacks Investment Research raised Dun & Bradstreet Corporation (The) from a “hold” rating to a “buy” rating and set a $123.00 price target for the company in a research note on Thursday, August 24th. BidaskClub raised Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $117.00.

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Dun & Bradstreet Corporation (The) 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 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 Corporation (The) (NYSE:DNB)

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