State Board of Administration of Florida Retirement System trimmed its position in shares of Dun & Bradstreet Corp (NYSE:DNB) by 2.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 39,832 shares of the business services provider’s stock after selling 1,199 shares during the period. State Board of Administration of Florida Retirement System owned 0.11% of Dun & Bradstreet worth $5,676,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Guggenheim Capital LLC grew its holdings in shares of Dun & Bradstreet by 6.8% during the first quarter. Guggenheim Capital LLC now owns 12,275 shares of the business services provider’s stock worth $1,436,000 after purchasing an additional 780 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Dun & Bradstreet by 3.0% during the first quarter. Principal Financial Group Inc. now owns 163,241 shares of the business services provider’s stock worth $19,099,000 after purchasing an additional 4,715 shares during the last quarter. State of Alaska Department of Revenue grew its holdings in shares of Dun & Bradstreet by 35.5% during the second quarter. State of Alaska Department of Revenue now owns 4,200 shares of the business services provider’s stock worth $514,000 after purchasing an additional 1,100 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of Dun & Bradstreet by 67.0% during the second quarter. Bank of Montreal Can now owns 60,598 shares of the business services provider’s stock worth $7,434,000 after purchasing an additional 24,317 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Dun & Bradstreet by 595.6% during the second quarter. Assenagon Asset Management S.A. now owns 23,672 shares of the business services provider’s stock worth $2,903,000 after purchasing an additional 20,269 shares during the last quarter. 84.36% of the stock is owned by institutional investors and hedge funds.

DNB has been the topic of several research analyst reports. TheStreet upgraded Dun & Bradstreet from a “c” rating to a “b-” rating in a report on Monday, November 19th. Barclays restated an “equal weight” rating and set a $145.00 target price (up previously from $140.00) on shares of Dun & Bradstreet in a report on Friday, August 10th. Finally, Zacks Investment Research upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. Dun & Bradstreet has an average rating of “Hold” and an average target price of $133.40.

Dun & Bradstreet stock traded down $0.17 during mid-day trading on Friday, hitting $143.57. The stock had a trading volume of 221,516 shares, compared to its average volume of 376,188. The stock has a market cap of $5.34 billion, a price-to-earnings ratio of 19.51, a P/E/G ratio of 2.84 and a beta of 1.09. Dun & Bradstreet Corp has a 12 month low of $105.42 and a 12 month high of $145.00.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings results on Thursday, November 1st. The business services provider reported $1.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.13). The firm had revenue of $416.70 million during the quarter, compared to the consensus estimate of $432.51 million. Dun & Bradstreet had a net margin of 13.02% and a negative return on equity of 36.68%. Dun & Bradstreet’s revenue was down 2.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.79 EPS. Research analysts predict that Dun & Bradstreet Corp will post 8.44 earnings per share for the current fiscal year.

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About Dun & Bradstreet

The Dun & Bradstreet Corporation provides commercial data, analytics, and insight on businesses. The company operates through two segments, Americas and Non-Americas. It offers risk management solutions comprising trade credit solutions, such as The D&B Credit Suite, which includes D&B Credit and DNBi, subscription-based online applications that offer customers real time access to information, comprehensive monitoring, and portfolio analysis; various business information reports; and D&B Credibility solutions primarily for small businesses; Supplier Risk Manager, an online application that helps businesses mitigate supply chain risk; Compliance product suite that includes D&B Onboard and D&B Compliance Check, which helps customers comply with anti-money laundering and anti-bribery and corruption regulations through onboarding, screening, and monitoring of customers and third parties; and D&B Direct, an API that enables data integration inside enterprise applications, such as ERP, and enables master data management and toolkit.

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

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