Comerica Bank increased its stake in Dun & Bradstreet Corporation (The) (NYSE:DNB) by 118.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,332 shares of the business services provider’s stock after buying an additional 19,707 shares during the period. Comerica Bank owned approximately 0.10% of Dun & Bradstreet Corporation (The) worth $4,055,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of DNB. Heartland Advisors Inc. increased its stake in Dun & Bradstreet Corporation (The) by 2.5% in the first quarter. Heartland Advisors Inc. now owns 2,665 shares of the business services provider’s stock valued at $288,000 after buying an additional 65 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in Dun & Bradstreet Corporation (The) by 4.5% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 5,952 shares of the business services provider’s stock valued at $642,000 after buying an additional 259 shares during the period. Canada Pension Plan Investment Board boosted its position in Dun & Bradstreet Corporation (The) by 2,418.2% in the first quarter. Canada Pension Plan Investment Board now owns 15,109 shares of the business services provider’s stock valued at $1,631,000 after buying an additional 14,509 shares during the period. Oregon Public Employees Retirement Fund boosted its position in Dun & Bradstreet Corporation (The) by 2.7% in the first quarter. Oregon Public Employees Retirement Fund now owns 3,847 shares of the business services provider’s stock valued at $415,000 after buying an additional 100 shares during the period. Finally, Sumitomo Mitsui Asset Management Company LTD boosted its position in Dun & Bradstreet Corporation (The) by 24.0% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 3,139 shares of the business services provider’s stock valued at $338,000 after buying an additional 607 shares during the period. Institutional investors own 90.31% of the company’s stock.

Dun & Bradstreet Corporation (NYSE DNB) opened at 109.38 on Tuesday. The company has a 50-day moving average price of $110.72 and a 200 day moving average price of $108.02. Dun & Bradstreet Corporation has a 52-week low of $100.46 and a 52-week high of $139.70. The company has a market capitalization of $4.04 billion, a PE ratio of 37.24 and a beta of 1.22.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last issued its quarterly earnings data on Wednesday, August 2nd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate 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 for the quarter, compared to the consensus estimate of $410.90 million. During the same period last year, the firm posted $1.37 EPS. Dun & Bradstreet Corporation (The)’s revenue for the quarter 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 will be paid on Friday, September 8th. Shareholders of record on Wednesday, August 23rd will be given a dividend of $0.5025 per share. This represents a $2.01 annualized dividend and a yield of 1.84%. The ex-dividend date is Monday, August 21st. Dun & Bradstreet Corporation (The)’s payout ratio is currently 68.37%.

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Several research firms recently issued reports on DNB. Zacks Investment Research raised Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. BidaskClub raised 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, three have assigned a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $116.00.

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.

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

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