Russell Investments Group Ltd. boosted its position in shares of Dun & Bradstreet Corporation (The) (NYSE:DNB) by 80.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 124,724 shares of the business services provider’s stock after buying an additional 55,741 shares during the period. Russell Investments Group Ltd. owned approximately 0.34% of Dun & Bradstreet Corporation (The) worth $13,490,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in Dun & Bradstreet Corporation (The) by 7.7% in the first quarter. Vanguard Group Inc. now owns 3,869,295 shares of the business services provider’s stock worth $417,651,000 after buying an additional 278,057 shares in the last quarter. FMR LLC increased its position in Dun & Bradstreet Corporation (The) by 8.3% in the first quarter. FMR LLC now owns 2,648,511 shares of the business services provider’s stock worth $285,880,000 after buying an additional 202,192 shares in the last quarter. BlackRock Inc. increased its position in Dun & Bradstreet Corporation (The) by 3,456.1% in the first quarter. BlackRock Inc. now owns 2,538,479 shares of the business services provider’s stock worth $274,004,000 after buying an additional 2,467,096 shares in the last quarter. State Street Corp increased its position in Dun & Bradstreet Corporation (The) by 1.1% in the first quarter. State Street Corp now owns 1,555,172 shares of the business services provider’s stock worth $167,869,000 after buying an additional 16,978 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in Dun & Bradstreet Corporation (The) by 7.0% in the first quarter. Wellington Management Group LLP now owns 865,788 shares of the business services provider’s stock worth $93,453,000 after buying an additional 56,935 shares in the last quarter. Hedge funds and other institutional investors own 92.33% of the company’s stock.

Shares of Dun & Bradstreet Corporation (DNB) traded up 0.64% during mid-day trading on Friday, reaching $111.62. The company had a trading volume of 522,380 shares. The company has a market capitalization of $4.13 billion, a PE ratio of 38.00 and a beta of 1.22. Dun & Bradstreet Corporation has a 1-year low of $100.46 and a 1-year high of $139.86. The stock’s 50-day moving average price is $109.30 and its 200 day moving average price is $108.88.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Wednesday, August 23rd will be paid a dividend of $0.5025 per share. This represents a $2.01 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date is Monday, August 21st. Dun & Bradstreet Corporation (The)’s dividend payout ratio (DPR) is currently 68.37%.

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DNB has been the subject of a number of analyst reports. Zacks Investment Research upgraded Dun & Bradstreet Corporation (The) from a “hold” rating to a “buy” rating and set a $127.00 price target for the company in a research report on Monday, August 7th. BidaskClub upgraded Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $117.33.

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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