Welch & Forbes LLC Has $1,683,000 Position in Dun & Bradstreet Corporation (The) (DNB)

Welch & Forbes LLC Has $1,683,000 Position in Dun & Bradstreet Corporation (The) (DNB)

Welch & Forbes LLC continued to hold its stake in shares of Dun & Bradstreet Corporation (The) (NYSE:DNB) during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 12,321 shares of the company’s stock at the end of the third quarter. Welch & Forbes LLC’s holdings in Dun & Bradstreet Corporation (The) were worth $1,683,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. William Blair Investment Management LLC acquired a new position in Dun & Bradstreet Corporation (The) during the second quarter worth $153,413,000. Neuberger Berman Group LLC increased its position in Dun & Bradstreet Corporation (The) by 8.1% in the second quarter. Neuberger Berman Group LLC now owns 21,692 shares of the company’s stock worth $2,643,000 after buying an additional 1,626 shares during the period. Kleinwort Benson Investors Dublin Ltd acquired a new position in Dun & Bradstreet Corporation (The) during the second quarter worth $55,817,000. Hanlon Investment Management Inc. acquired a new position in Dun & Bradstreet Corporation (The) during the second quarter worth $4,603,000. Finally, AGF Investments Inc. increased its position in Dun & Bradstreet Corporation (The) by 16.4% in the second quarter. AGF Investments Inc. now owns 564,610 shares of the company’s stock worth $68,778,000 after buying an additional 79,406 shares during the period. 91.37% of the stock is owned by institutional investors.

Dun & Bradstreet Corporation (NYSE:DNB) opened at 123.00 on Friday. Dun & Bradstreet Corporation has a 12 month low of $85.99 and a 12 month high of $141.57. The company has a market cap of $4.52 billion, a P/E ratio of 47.02 and a beta of 1.43. The stock has a 50 day moving average of $122.13 and a 200-day moving average of $128.00.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last released its earnings results on Tuesday, November 1st. The company reported $1.79 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.75 by $0.04. Dun & Bradstreet Corporation (The) had a net margin of 5.70% and a negative return on equity of 24.33%. The company had revenue of $412.80 million for the quarter, compared to the consensus estimate of $423.62 million. During the same quarter in the previous year, the company earned $1.62 EPS. Dun & Bradstreet Corporation (The)’s quarterly revenue was up 1.6% compared to the same quarter last year. Equities research analysts expect that Dun & Bradstreet Corporation will post $7.38 EPS for the current year.

DNB has been the subject of a number of analyst reports. William Blair reaffirmed a “market perform” rating on shares of Dun & Bradstreet Corporation (The) in a research report on Monday, October 17th. Zacks Investment Research downgraded shares of Dun & Bradstreet Corporation (The) from a “hold” rating to a “sell” rating in a research report on Thursday, November 3rd. Finally, Goldman Sachs Group, Inc. (The) raised shares of Dun & Bradstreet Corporation (The) from a “sell” rating to a “neutral” rating and raised their target price for the company from $112.00 to $120.00 in a research report on Friday, January 20th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Dun & Bradstreet Corporation (The) presently has a consensus rating of “Hold” and a consensus price target of $125.75.

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, Canada and Latin America, and Non-Americas, which consists of its operations in the United Kingdom, the Netherlands, Belgium, Greater China and India.

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