Dun & Bradstreet Corp (DNB): Are Hedge Funds Right About This Stock?

Page 1 of 2

Is Dun & Bradstreet Corp (NYSE:DNB) a good bet right now? We like to analyze hedge fund sentiment before doing days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy league graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage of news stories covering failed hedge fund investments (for some reason media paid a ton of attention to Ackman’s gigantic JC Penney and Valeant failures) and it is a fact that hedge funds’ picks don’t beat the market 100% of the time, but their consensus picks have historically done very well and have outperformed the market after adjusting for risk.

Is Dun & Bradstreet Corp (NYSE:DNB) going to take off soon? Prominent investors are getting more optimistic. The number of long hedge fund positions went up by 4 lately. DNB was in 21 hedge funds’ portfolios at the end of September. There were 17 hedge funds in our database with DNB positions at the end of the previous quarter. At the end of this article we will also compare DNB to other stocks including Healthcare Trust Of America Inc (NYSE:HTA), First American Financial Corp (NYSE:FAF), and Jones Lang LaSalle Inc (NYSE:JLL) to get a better sense of its popularity.

Follow Dun & Bradstreet Corp (NYSE:DNB)

At Insider Monkey, we’ve developed an investment strategy that has delivered market-beating returns over the past 12 months. Our strategy identifies the 100 best-performing funds of the previous quarter from among the collection of 700+ successful funds that we track in our database, which we accomplish using our returns methodology. We then study the portfolios of those 100 funds using the latest 13F data to uncover the 30 most popular mid-cap stocks (market caps of between $1 billion and $10 billion) among them to hold until the next filing period. This strategy delivered 18% gains over the past 12 months, more than doubling the 8% returns enjoyed by the S&P 500 ETFs.

stocks, analysis, market, numbers, business, ticker, trade, money, price, investment, index, chart


How have hedgies been trading Dun & Bradstreet Corp (NYSE:DNB)?

At the end of the third quarter, a total of 21 of the hedge funds tracked by Insider Monkey held long positions in this stock, a gain of 24% from one quarter earlier. Ownership of the stock among hedgies has been volatile, though within a narrow range. With hedge funds’ positions undergoing their usual ebb and flow, there exists a few noteworthy hedge fund managers who were boosting their holdings significantly (or already accumulated large positions).
According to publicly available hedge fund and institutional investor holdings data compiled by Insider Monkey, Ariel Investments, managed by John W. Rogers, holds the biggest position in Dun & Bradstreet Corp (NYSE:DNB). Ariel Investments has a $105.3 million position in the stock, comprising 1.3% of its 13F portfolio. Sitting at the No. 2 spot is Renaissance Technologies, led by Jim Simons, holding a $42.4 million position. Remaining professional money managers with similar optimism consist of Greg Poole’s Echo Street Capital Management, Cliff Asness’ AQR Capital Management and Phill Gross and Robert Atchinson’s Adage Capital Management.

Page 1 of 2