CQS Cayman LP purchased a new stake in shares of Dun & Bradstreet Corp (NYSE:DNB) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 17,500 shares of the business services provider’s stock, valued at approximately $2,494,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Livingston Group Asset Management CO operating as Southport Capital Management purchased a new stake in Dun & Bradstreet in the 3rd quarter worth approximately $146,000. People s United Financial Inc. bought a new position in shares of Dun & Bradstreet during the 2nd quarter valued at approximately $15,105,000. Global X Management Co LLC bought a new position in shares of Dun & Bradstreet during the 2nd quarter valued at approximately $185,000. Creative Planning purchased a new stake in Dun & Bradstreet during the 3rd quarter valued at $222,000. Finally, Cutler Group LP purchased a new stake in Dun & Bradstreet during the 2nd quarter valued at $196,000. 87.65% of the stock is owned by institutional investors.

Shares of NYSE:DNB opened at $142.29 on Monday. The company has a market capitalization of $5.28 billion, a PE ratio of 19.33, a PEG ratio of 2.81 and a beta of 1.12. Dun & Bradstreet Corp has a 1 year low of $105.42 and a 1 year high of $145.00.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings results on Thursday, November 1st. The business services provider reported $1.85 EPS for the quarter, missing the Thomson Reuters’ consensus estimate 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 business had revenue of $416.70 million during the quarter, compared to analyst estimates of $432.51 million. During the same period last year, the company earned $1.79 EPS. The business’s revenue for the quarter was down 2.7% on a year-over-year basis. Research analysts predict that Dun & Bradstreet Corp will post 8.44 EPS for the current fiscal year.

DNB has been the topic of a number of recent analyst reports. Robert W. Baird increased their target price on Dun & Bradstreet from $135.00 to $145.00 and gave the stock a “neutral” rating in a research note on Thursday, August 9th. ValuEngine raised Dun & Bradstreet from a “hold” rating to a “buy” rating in a research report on Thursday, August 9th. Barclays reaffirmed an “equal weight” rating and set a $145.00 price objective (up previously from $140.00) on shares of Dun & Bradstreet in a research report on Friday, August 10th. Finally, Zacks Investment Research downgraded Dun & Bradstreet from a “hold” rating to a “sell” rating in a report on Tuesday, August 14th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. Dun & Bradstreet has a consensus rating of “Hold” and a consensus price target of $133.40.

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Dun & Bradstreet Company 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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