Cramer Rosenthal Mcglynn buys $105,471,227 stake in Dun & Bradstreet Corp (DNB)

Dun & Bradstreet Corp (DNB) : Cramer Rosenthal Mcglynn scooped up 131,750 additional shares in Dun & Bradstreet Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 758,895 shares of Dun & Bradstreet Corp which is valued at $105,471,227.Dun & Bradstreet Corp makes up approximately 1.63% of Cramer Rosenthal Mcglynn’s portfolio.

Other Hedge Funds, Including , Absolute Return Capital reduced its stake in DNB by selling 115,306 shares or 75.56% in the most recent quarter. The Hedge Fund company now holds 37,293 shares of DNB which is valued at $5,182,981. Dun & Bradstreet Corp makes up approx 0.30% of Absolute Return Capital’s portfolio.Agf Investments boosted its stake in DNB in the latest quarter, The investment management firm added 79,406 additional shares and now holds a total of 564,610 shares of Dun & Bradstreet Corp which is valued at $79,457,565. Dun & Bradstreet Corp makes up approx 0.87% of Agf Investments’s portfolio.North Star Asset Management Inc reduced its stake in DNB by selling 9,251 shares or 67.79% in the most recent quarter. The Hedge Fund company now holds 4,395 shares of DNB which is valued at $568,054. Dun & Bradstreet Corp makes up approx 0.06% of North Star Asset Management Inc’s portfolio. Strs Ohio sold out all of its stake in DNB during the most recent quarter. The investment firm sold 593 shares of DNB which is valued $77,796.Ibm Retirement Fund reduced its stake in DNB by selling 52 shares or 1.4% in the most recent quarter. The Hedge Fund company now holds 3,673 shares of DNB which is valued at $481,457. Dun & Bradstreet Corp makes up approx 0.02% of Ibm Retirement Fund’s portfolio.

Dun & Bradstreet Corp closed down -0.29 points or -0.21% at $137.36 with 2,01,385 shares getting traded on Thursday. Post opening the session at $137.82, the shares hit an intraday low of $136.49 and an intraday high of $138.27 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Dun & Bradstreet Corp reported $1.37 EPS for the quarter, beating the analyst consensus estimate by $ 0.19 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $1.18. The company had revenue of $399.30 million for the quarter, compared to analysts expectations of $393.25 million. The company’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.25 EPS.

Many Wall Street Analysts have commented on Dun & Bradstreet Corp. Company shares were Reiterated by Barclays on Aug 3, 2016 to “Underweight”, Firm has raised the Price Target to $ 125 from a previous price target of $100 .

The Dun & Bradstreet Corporation is the source of commercial data analytics and insight on businesses. The Company’s commercial database contained over 240 million business records. The customers use D&B Risk management solutions to mitigate credit compliance and supplier risk and D&B Sales and marketing solutions to offers data management capabilities. It operates in North America which consists of its operations in the United States and Canada; Asia Pacific which consists of its operations in Australia Greater China India and Asia Pacific across the world network and Europe and other International markets which consists of its operations in the United Kingdom the Netherlands Belgium Latin America and its European across the world network. Its customers include manufacturers wholesalers and retailers in fields as banking technology telecommunications Government and insurance as well as sales marketing and business development professionals.

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