First Manhattan Co. Has $3.69 Million Stake in Dun & Bradstreet Corporation (The) (DNB)

First Manhattan Co. lessened its holdings in shares of Dun & Bradstreet Corporation (The) (NYSE:DNB) by 47.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,717 shares of the business services provider’s stock after selling 28,887 shares during the quarter. First Manhattan Co. owned approximately 0.09% of Dun & Bradstreet Corporation (The) worth $3,692,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Creative Planning boosted its stake in shares of Dun & Bradstreet Corporation (The) by 2.0% during the 2nd quarter. Creative Planning now owns 1,257 shares of the business services provider’s stock worth $136,000 after acquiring an additional 25 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. boosted its stake in shares of Dun & Bradstreet Corporation (The) by 66.7% during the 1st quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 1,500 shares of the business services provider’s stock worth $162,000 after acquiring an additional 600 shares during the last quarter. ETF Managers Group LLC purchased a new position in shares of Dun & Bradstreet Corporation (The) during the 2nd quarter worth $173,000. Nomura Holdings Inc. purchased a new position in shares of Dun & Bradstreet Corporation (The) during the 2nd quarter worth $206,000. Finally, Tocqueville Asset Management L.P. purchased a new position in shares of Dun & Bradstreet Corporation (The) during the 2nd quarter worth $216,000. Institutional investors and hedge funds own 89.75% of the company’s stock.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last released its quarterly earnings data on Wednesday, November 1st. The business services provider reported $1.79 EPS for the quarter, beating the consensus estimate of $1.58 by $0.21. The business had revenue of $428.30 million for the quarter, compared to the consensus estimate of $428.81 million. Dun & Bradstreet Corporation (The) had a net margin of 6.36% and a negative return on equity of 26.85%. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.79 EPS.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Wednesday, November 22nd will be issued a dividend of $0.5025 per share. This represents a $2.01 dividend on an annualized basis and a yield of 1.72%. Dun & Bradstreet Corporation (The)’s dividend payout ratio (DPR) is presently 68.37%.

Separately, Zacks Investment Research upgraded shares of Dun & Bradstreet Corporation (The) from a “hold” rating to a “buy” rating and set a $127.00 price target on the stock in a research note on Monday, August 7th.

TRADEMARK VIOLATION WARNING: This piece was first posted by Community Financial News and is the property of of Community Financial News. If you are viewing this piece on another publication, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark legislation. The original version of this piece can be viewed at https://www.com-unik.info/2017/11/02/first-manhattan-co-has-3-69-million-stake-in-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.

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

What are top analysts saying about Dun & Bradstreet Corporation (The)? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Dun & Bradstreet Corporation (The) and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit