State Board of Administration of Florida Retirement System Acquires 790 Shares of Dun & Bradstreet Corporation (The) (DNB)

State Board of Administration of Florida Retirement System raised its holdings in shares of Dun & Bradstreet Corporation (The) (NYSE:DNB) by 1.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 46,429 shares of the business services provider’s stock after acquiring an additional 790 shares during the period. State Board of Administration of Florida Retirement System owned approximately 0.13% of Dun & Bradstreet Corporation (The) worth $5,405,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of DNB. Teachers Advisors LLC raised its position in shares of Dun & Bradstreet Corporation (The) by 1.0% during the 1st quarter. Teachers Advisors LLC now owns 51,714 shares of the business services provider’s stock valued at $5,582,000 after acquiring an additional 521 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Dun & Bradstreet Corporation (The) by 3.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 200,960 shares of the business services provider’s stock valued at $21,689,000 after buying an additional 7,143 shares in the last quarter. Bank of America Corp DE increased its position in shares of Dun & Bradstreet Corporation (The) by 12.5% in the 1st quarter. Bank of America Corp DE now owns 106,107 shares of the business services provider’s stock valued at $11,453,000 after buying an additional 11,792 shares in the last quarter. Capstone Asset Management Co. increased its position in shares of Dun & Bradstreet Corporation (The) by 54.2% in the 2nd quarter. Capstone Asset Management Co. now owns 3,591 shares of the business services provider’s stock valued at $388,000 after buying an additional 1,262 shares in the last quarter. Finally, Creative Planning increased its position in shares of Dun & Bradstreet Corporation (The) by 2.0% in the 2nd quarter. Creative Planning now owns 1,257 shares of the business services provider’s stock valued at $136,000 after buying an additional 25 shares in the last quarter. Institutional investors own 89.40% of the company’s stock.

Dun & Bradstreet Corporation (NYSE DNB) opened at $116.18 on Wednesday. The stock has a market capitalization of $4,306.92, a PE ratio of 16.34, a price-to-earnings-growth ratio of 1.81 and a beta of 1.26. The company has a debt-to-equity ratio of -1.93, a quick ratio of 0.92 and a current ratio of 0.92. Dun & Bradstreet Corporation has a 1-year low of $100.46 and a 1-year high of $125.57.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last released its earnings results on Wednesday, November 1st. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.58 by $0.21. Dun & Bradstreet Corporation (The) had a negative return on equity of 28.31% and a net margin of 11.12%. The firm had revenue of $428.30 million during the quarter, compared to analysts’ expectations of $428.81 million. During the same quarter in the prior year, the company earned $1.79 EPS. The company’s revenue was up 3.8% on a year-over-year basis. equities analysts forecast that Dun & Bradstreet Corporation will post 7.16 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Wednesday, November 22nd will be paid a dividend of $0.5025 per share. The ex-dividend date of this dividend is Tuesday, November 21st. This represents a $2.01 dividend on an annualized basis and a dividend yield of 1.73%. Dun & Bradstreet Corporation (The)’s dividend payout ratio is 38.73%.

A number of analysts recently commented on DNB shares. Zacks Investment Research upgraded shares of Dun & Bradstreet Corporation (The) from a “hold” rating to a “buy” rating and set a $125.00 price objective for the company in a research report on Monday, September 4th. Barclays PLC upgraded shares of Dun & Bradstreet Corporation (The) from an “underweight” rating to an “equal weight” rating and upped their price objective for the company from $105.00 to $125.00 in a research report on Monday. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $125.75.

COPYRIGHT VIOLATION NOTICE: This news story was originally reported by Markets Daily and is the sole property of of Markets Daily. If you are accessing this news story on another domain, it was stolen and republished in violation of US and international trademark & copyright law. The original version of this news story can be accessed at https://www.themarketsdaily.com/2017/11/15/state-board-of-administration-of-florida-retirement-system-acquires-790-shares-of-dun-bradstreet-corporation-the-dnb.html.

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.

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 Corporation (The) (NYSE:DNB).

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

Receive News & Ratings for Dun & Bradstreet Corporation (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dun & Bradstreet Corporation (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply