Dun & Bradstreet Corporation (The) (DNB) Shares Sold by Freestone Capital Holdings LLC

Freestone Capital Holdings LLC cut its stake in Dun & Bradstreet Corporation (The) (NYSE:DNB) by 58.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,322 shares of the business services provider’s stock after selling 4,588 shares during the quarter. Freestone Capital Holdings LLC’s holdings in Dun & Bradstreet Corporation (The) were worth $359,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of DNB. Creative Planning raised its position in shares of Dun & Bradstreet Corporation (The) by 2.0% in the second quarter. Creative Planning now owns 1,257 shares of the business services provider’s stock valued at $136,000 after purchasing an additional 25 shares during the period. OLD Mutual Customised Solutions Proprietary Ltd. raised its position in shares of Dun & Bradstreet Corporation (The) by 66.7% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 1,500 shares of the business services provider’s stock valued at $162,000 after purchasing an additional 600 shares during the period. Tocqueville Asset Management L.P. bought a new position in shares of Dun & Bradstreet Corporation (The) in the second quarter valued at about $216,000. First Mercantile Trust Co. bought a new position in shares of Dun & Bradstreet Corporation (The) in the second quarter valued at about $230,000. Finally, Capstone Asset Management Co. raised its position in shares of Dun & Bradstreet Corporation (The) by 5.0% in the first quarter. Capstone Asset Management Co. now owns 2,329 shares of the business services provider’s stock valued at $251,000 after purchasing an additional 110 shares during the period. 90.31% of the stock is currently owned by institutional investors.

Several brokerages have recently weighed in on DNB. Zacks Investment Research lowered shares of Dun & Bradstreet Corporation (The) from a “buy” rating to a “hold” rating in a research report on Tuesday, September 5th. BidaskClub raised shares of Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $116.67.

Dun & Bradstreet Corporation (DNB) opened at 110.79 on Friday. The company’s 50-day moving average is $111.51 and its 200-day moving average is $108.19. The company has a market capitalization of $4.09 billion, a price-to-earnings ratio of 37.72 and a beta of 1.22. Dun & Bradstreet Corporation has a 52-week low of $100.46 and a 52-week high of $137.58.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Investors of record on Wednesday, August 23rd were paid a $0.5025 dividend. This represents a $2.01 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend was Monday, August 21st. Dun & Bradstreet Corporation (The)’s dividend payout ratio is currently 68.37%.

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Dun & Bradstreet Corporation (The) 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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