WINTON GROUP Ltd Invests $9.93 Million in Dun & Bradstreet Corp (DNB)

WINTON GROUP Ltd acquired a new stake in shares of Dun & Bradstreet Corp (NYSE:DNB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 69,705 shares of the business services provider’s stock, valued at approximately $9,934,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Guggenheim Capital LLC boosted its stake in shares of Dun & Bradstreet by 6.8% during the 1st quarter. Guggenheim Capital LLC now owns 12,275 shares of the business services provider’s stock worth $1,436,000 after purchasing an additional 780 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Dun & Bradstreet by 3.0% during the 1st quarter. Principal Financial Group Inc. now owns 163,241 shares of the business services provider’s stock worth $19,099,000 after purchasing an additional 4,715 shares during the period. State of Alaska Department of Revenue boosted its stake in shares of Dun & Bradstreet by 35.5% during the 2nd quarter. State of Alaska Department of Revenue now owns 4,200 shares of the business services provider’s stock worth $514,000 after purchasing an additional 1,100 shares during the period. Bank of Montreal Can boosted its stake in shares of Dun & Bradstreet by 67.0% during the 2nd quarter. Bank of Montreal Can now owns 60,598 shares of the business services provider’s stock worth $7,434,000 after purchasing an additional 24,317 shares during the period. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Dun & Bradstreet by 595.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 23,672 shares of the business services provider’s stock worth $2,903,000 after purchasing an additional 20,269 shares during the period. 88.77% of the stock is currently owned by institutional investors and hedge funds.

DNB has been the subject of a number of recent analyst reports. ValuEngine raised shares of Dun & Bradstreet from a “hold” rating to a “buy” rating in a research note on Thursday, August 9th. Barclays reiterated an “equal weight” rating and set a $145.00 price objective (up previously from $140.00) on shares of Dun & Bradstreet in a report on Friday, August 10th. Zacks Investment Research upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 10th. Finally, Robert W. Baird lifted their price objective on shares of Dun & Bradstreet from $135.00 to $145.00 and gave the company a “neutral” rating in a report on Thursday, August 9th. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $133.40.

Shares of DNB opened at $142.40 on Friday. Dun & Bradstreet Corp has a 1-year low of $105.42 and a 1-year high of $145.00. The stock has a market cap of $5.28 billion, a P/E ratio of 19.35, a P/E/G ratio of 2.81 and a beta of 1.12.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings data on Thursday, November 1st. The business services provider reported $1.85 earnings per share for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.13). Dun & Bradstreet had a net margin of 13.02% and a negative return on equity of 36.68%. The company had revenue of $416.70 million for the quarter, compared to the consensus estimate of $432.51 million. During the same quarter in the previous year, the business earned $1.79 EPS. The company’s quarterly revenue was down 2.7% compared to the same quarter last year. On average, equities analysts forecast that Dun & Bradstreet Corp will post 8.44 earnings per share for the current fiscal year.

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Dun & Bradstreet Profile

The Dun & Bradstreet Corporation provides commercial data, analytics, and insight on businesses. The company operates through two segments, Americas and Non-Americas. It offers risk management solutions comprising trade credit solutions, such as The D&B Credit Suite, which includes D&B Credit and DNBi, subscription-based online applications that offer customers real time access to information, comprehensive monitoring, and portfolio analysis; various business information reports; and D&B Credibility solutions primarily for small businesses; Supplier Risk Manager, an online application that helps businesses mitigate supply chain risk; Compliance product suite that includes D&B Onboard and D&B Compliance Check, which helps customers comply with anti-money laundering and anti-bribery and corruption regulations through onboarding, screening, and monitoring of customers and third parties; and D&B Direct, an API that enables data integration inside enterprise applications, such as ERP, and enables master data management and toolkit.

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

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