The Dun & Bradstreet Corp. (DNB) Position Increased by Tealwood Asset Management Inc.

The Dun & Bradstreet Corp. (DNB) Position Increased by Tealwood Asset Management Inc.

Tealwood Asset Management Inc. increased its position in Dun & Bradstreet Corp. (NYSE:DNB) by 1.2% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 28,209 shares of the company’s stock after buying an additional 340 shares during the period. Dun & Bradstreet Corp. accounts for about 1.5% of Tealwood Asset Management Inc.’s investment portfolio, making the stock its 26th largest position. Tealwood Asset Management Inc.’s holdings in Dun & Bradstreet Corp. were worth $3,437,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Pacad Investment Ltd. bought a new position in shares of Dun & Bradstreet Corp. during the first quarter worth approximately $340,000. TIAA CREF Investment Management LLC boosted its position in shares of Dun & Bradstreet Corp. by 34.6% in the first quarter. TIAA CREF Investment Management LLC now owns 292,281 shares of the company’s stock worth $30,128,000 after buying an additional 75,207 shares during the last quarter. Teachers Advisors Inc. boosted its position in shares of Dun & Bradstreet Corp. by 11.3% in the first quarter. Teachers Advisors Inc. now owns 76,902 shares of the company’s stock worth $7,927,000 after buying an additional 7,797 shares during the last quarter. Prudential Financial Inc. boosted its position in shares of Dun & Bradstreet Corp. by 0.5% in the first quarter. Prudential Financial Inc. now owns 130,397 shares of the company’s stock worth $13,441,000 after buying an additional 700 shares during the last quarter. Finally, BlackRock Group LTD boosted its position in shares of Dun & Bradstreet Corp. by 8.3% in the first quarter. BlackRock Group LTD now owns 360,473 shares of the company’s stock worth $37,159,000 after buying an additional 27,551 shares during the last quarter. Institutional investors own 92.29% of the company’s stock.

Dun & Bradstreet Corp. (NYSE:DNB) traded up 0.01% on Friday, reaching $126.25. The company’s stock had a trading volume of 158,277 shares. The firm has a market cap of $4.58 billion, a PE ratio of 24.94 and a beta of 1.32. 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 52-week low of $85.99 and a 52-week high of $141.57.

Dun & Bradstreet Corp. (NYSE:DNB) last posted its quarterly earnings data on Monday, August 1st. The company reported $1.37 earnings per share for the quarter, topping the Thomson Reuters’ 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 business had revenue of $389.80 million for the quarter, compared to analysts’ expectations of $394.84 million. During the same quarter in the previous year, the firm earned $1.25 earnings per share. The business’s revenue was up 4.6% on a year-over-year basis. Equities research analysts expect that Dun & Bradstreet Corp. will post $7.40 earnings per share for the current fiscal year.

A number of research analysts recently commented on DNB shares. Zacks Investment Research cut Dun & Bradstreet Corp. from a “buy” rating to a “hold” rating in a research report on Monday, July 4th. Barclays PLC raised their price target on Dun & Bradstreet Corp. from $100.00 to $125.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 3rd.

In other news, COO Joshua L. Peirez sold 36,508 shares of the company’s stock in a transaction 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 transaction, the chief operating officer now owns 26,879 shares of the company’s stock, valued at approximately $3,752,039.61. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Richard H. Veldran sold 29,158 shares of the company’s stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $139.58, for a total value of $4,069,873.64. Following the transaction, the chief financial officer now directly owns 15,367 shares in the company, valued at approximately $2,144,925.86. The disclosure for this sale can be found here. 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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