Cognios Capital buys $10.4 Million stake in Dun & Bradstreet Corp (DNB)

Dun & Bradstreet Corp (DNB) : Cognios Capital scooped up 36,089 additional shares in Dun & Bradstreet Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 87,142 shares of Dun & Bradstreet Corp which is valued at $10.4 Million.Dun & Bradstreet Corp makes up approximately 3.89% of Cognios Capital’s portfolio.

Other Hedge Funds, Including , Bessemer Group Inc reduced its stake in DNB by selling 146,055 shares or 13.24% in the most recent quarter. The Hedge Fund company now holds 956,733 shares of DNB which is valued at $114.1 Million. Dun & Bradstreet Corp makes up approx 0.66% of Bessemer Group Inc’s portfolio.Ibm Retirement Fund reduced its stake in DNB by selling 5,336 shares or 58.89% in the most recent quarter. The Hedge Fund company now holds 3,725 shares of DNB which is valued at $444,169. Dun & Bradstreet Corp makes up approx 0.02% of Ibm Retirement Fund’s portfolio.Ifp Advisors Inc boosted its stake in DNB in the latest quarter, The investment management firm added 20 additional shares and now holds a total of 43 shares of Dun & Bradstreet Corp which is valued at $4,777.Rhumbline Advisers boosted its stake in DNB in the latest quarter, The investment management firm added 1,934 additional shares and now holds a total of 59,584 shares of Dun & Bradstreet Corp which is valued at $6.6 Million. Dun & Bradstreet Corp makes up approx 0.02% of Rhumbline Advisers’s portfolio.

Dun & Bradstreet Corp opened for trading at $120.13 and hit $120.91 on the upside on Friday, eventually ending the session at $120.24, with a gain of 0.64% or 0.77 points. The heightened volatility saw the trading volume jump to 2,83,740 shares. Company has a market cap of $4,360 M.

On the company’s financial health, Dun & Bradstreet Corp reported $1.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.23 according to the earnings call on May 9, 2016. Analyst had a consensus of $0.95. The company had revenue of $375.00 million for the quarter, compared to analysts expectations of $376.34 million. The company’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.33 EPS.

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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