Today, Louisiana State Employees Retirement System cuts its investment of stake in Dun & Bradstreet Corp. (DNB)

Today, Louisiana State Employees Retirement System cuts its investment of stake in Dun & Bradstreet Corp. (DNB)

Louisiana State Employees Retirement System reduced its position in Dun & Bradstreet Corp. (NYSE:DNB) by 4.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,300 shares of the company’s stock after selling 100 shares during the period. Louisiana State Employees Retirement System’s holdings in Dun & Bradstreet Corp. were worth $314,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of DNB. Vanguard Group Inc. raised its position in shares of Dun & Bradstreet Corp. by 2.8% in the second quarter. Vanguard Group Inc. now owns 3,180,070 shares of the company’s stock worth $387,461,000 after buying an additional 87,258 shares during the period. William Blair Investment Management LLC acquired a new position in shares of Dun & Bradstreet Corp. during the second quarter worth $153,413,000. Franklin Resources Inc. raised its position in shares of Dun & Bradstreet Corp. by 4.3% in the second quarter. Franklin Resources Inc. now owns 1,065,201 shares of the company’s stock worth $129,784,000 after buying an additional 44,005 shares during the period. Bessemer Group Inc. raised its position in shares of Dun & Bradstreet Corp. by 7.4% in the second quarter. Bessemer Group Inc. now owns 1,027,608 shares of the company’s stock worth $125,204,000 after buying an additional 70,875 shares during the period. Finally, BlackRock Institutional Trust Company N.A. raised its position in shares of Dun & Bradstreet Corp. by 1.7% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,000,665 shares of the company’s stock worth $121,921,000 after buying an additional 16,919 shares during the period. 91.27% of the stock is owned by institutional investors and hedge funds.

Shares of Dun & Bradstreet Corp. (NYSE:DNB) traded down 0.47% on Friday, hitting $123.31. The company had a trading volume of 77,805 shares. Dun & Bradstreet Corp. has a 52 week low of $85.99 and a 52 week high of $141.57. The company has a market capitalization of $4.54 billion, a price-to-earnings ratio of 47.14 and a beta of 1.45. The stock’s 50-day moving average is $122.78 and its 200 day moving average is $128.40.

Dun & Bradstreet Corp. (NYSE:DNB) last issued its quarterly earnings data on Tuesday, November 1st. The company reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.04. Dun & Bradstreet Corp. had a negative return on equity of 24.33% and a net margin of 5.70%. The company had revenue of $412.80 million for the quarter, compared to the consensus estimate of $423.62 million. During the same quarter last year, the company earned $1.62 earnings per share. The firm’s revenue for the quarter was up 1.6% compared to the same quarter last year. Equities analysts expect that Dun & Bradstreet Corp. will post $7.38 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 9th. Shareholders of record on Wednesday, November 23rd will be paid a $0.4825 dividend. This represents a $1.93 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend is Monday, November 21st. Dun & Bradstreet Corp.’s dividend payout ratio (DPR) is presently 73.11%.

A number of research firms have issued reports on DNB. Zacks Investment Research upgraded Dun & Bradstreet Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, August 4th. Barclays PLC boosted their price target on Dun & Bradstreet Corp. from $100.00 to $125.00 and gave the company an “underweight” rating in a research note on Wednesday, August 3rd. Finally, William Blair restated a “market perform” rating on shares of Dun & Bradstreet Corp. in a research note on Monday, October 17th.

Dun & Bradstreet Corp. 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, 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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