18,823 Shares in Dun & Bradstreet Corporation (The) (DNB) Acquired by BlueCrest Capital Management Ltd

BlueCrest Capital Management Ltd purchased a new position in shares of Dun & Bradstreet Corporation (The) (NYSE:DNB) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 18,823 shares of the business services provider’s stock, valued at approximately $2,036,000. BlueCrest Capital Management Ltd owned approximately 0.05% of Dun & Bradstreet Corporation (The) as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of DNB. BlackRock Inc. lifted its position in Dun & Bradstreet Corporation (The) by 3,456.1% during the 1st quarter. BlackRock Inc. now owns 2,538,479 shares of the business services provider’s stock valued at $274,004,000 after purchasing an additional 2,467,096 shares during the period. Shapiro Capital Management LLC acquired a new position in Dun & Bradstreet Corporation (The) during the 2nd quarter valued at about $98,786,000. Cramer Rosenthal Mcglynn LLC lifted its position in Dun & Bradstreet Corporation (The) by 52.5% during the 2nd quarter. Cramer Rosenthal Mcglynn LLC now owns 1,735,371 shares of the business services provider’s stock valued at $187,680,000 after purchasing an additional 597,297 shares during the period. Bessemer Group Inc. lifted its position in Dun & Bradstreet Corporation (The) by 43.5% during the 2nd quarter. Bessemer Group Inc. now owns 1,285,064 shares of the business services provider’s stock valued at $138,981,000 after purchasing an additional 389,334 shares during the period. Finally, Eaton Vance Management acquired a new position in Dun & Bradstreet Corporation (The) during the 2nd quarter valued at about $30,494,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

Dun & Bradstreet Corporation (NYSE:DNB) opened at 118.27 on Wednesday. The firm has a market capitalization of $4.37 billion, a P/E ratio of 40.27 and a beta of 1.24. Dun & Bradstreet Corporation has a 52-week low of $100.46 and a 52-week high of $128.57. The firm’s 50-day moving average is $113.09 and its 200-day moving average is $109.40.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last released its quarterly earnings results on Wednesday, August 2nd. The business services provider reported $1.40 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.16 by $0.24. The company had revenue of $408.40 million for the quarter, compared to analysts’ expectations of $410.90 million. Dun & Bradstreet Corporation (The) had a negative return on equity of 26.85% and a net margin of 6.36%. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.37 earnings per share. On average, equities analysts expect that Dun & Bradstreet Corporation will post $7.04 earnings per share for the current year.

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Separately, Zacks Investment Research downgraded shares of Dun & Bradstreet Corporation (The) from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. Dun & Bradstreet Corporation (The) presently has a consensus rating of “Hold” and an average price target of $117.00.

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.

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

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