Dun & Bradstreet Corporation (The) (DNB) Shares Sold by BlueMountain Capital Management LLC

BlueMountain Capital Management LLC lowered its stake in Dun & Bradstreet Corporation (The) (NYSE:DNB) by 10.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 27,308 shares of the business services provider’s stock after selling 3,331 shares during the period. BlueMountain Capital Management LLC owned 0.07% of Dun & Bradstreet Corporation (The) worth $2,953,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Planning increased its position in shares of Dun & Bradstreet Corporation (The) by 2.0% in the 2nd quarter. Creative Planning now owns 1,257 shares of the business services provider’s stock worth $136,000 after purchasing an additional 25 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. increased its position in shares of Dun & Bradstreet Corporation (The) by 66.7% in 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 purchasing an additional 600 shares during the last quarter. Tocqueville Asset Management L.P. bought a new stake in shares of Dun & Bradstreet Corporation (The) in the 2nd quarter worth about $216,000. First Mercantile Trust Co. bought a new stake in shares of Dun & Bradstreet Corporation (The) in the 2nd quarter worth about $230,000. Finally, Capstone Asset Management Co. increased its position in shares of Dun & Bradstreet Corporation (The) by 5.0% in the 1st quarter. Capstone Asset Management Co. now owns 2,329 shares of the business services provider’s stock worth $251,000 after purchasing an additional 110 shares during the last quarter. 90.31% of the stock is owned by institutional investors.

Several equities research analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Dun & Bradstreet Corporation (The) from a “buy” rating to a “hold” rating in a research report on Wednesday, August 23rd. BidaskClub raised shares of Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Dun & Bradstreet Corporation (The) currently has an average rating of “Hold” and an average price target of $116.33.

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Dun & Bradstreet Corporation (DNB) opened at 109.74 on Friday. The stock has a 50 day moving average of $111.39 and a 200 day moving average of $108.32. The firm has a market capitalization of $4.06 billion, a price-to-earnings ratio of 37.36 and a beta of 1.22. Dun & Bradstreet Corporation has a 12-month low of $100.46 and a 12-month 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 analysts’ consensus estimates of $1.16 by $0.24. Dun & Bradstreet Corporation (The) had a net margin of 6.36% and a negative return on equity of 26.85%. The company had revenue of $408.40 million during the quarter, compared to analysts’ expectations of $410.90 million. During the same quarter in the prior year, the company posted $1.37 EPS. The business’s revenue was up 2.3% on a year-over-year basis. Equities research analysts anticipate that Dun & Bradstreet Corporation will post $7.04 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Wednesday, August 23rd were paid a $0.5025 dividend. This represents a $2.01 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend was Monday, August 21st. Dun & Bradstreet Corporation (The)’s dividend payout ratio is 68.37%.

About Dun & Bradstreet Corporation (The)

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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