Yes, your SUT has a step up ratio of 1:10.
3-40 ohms loading seems to contradict what I saw on LPGear. The 3-40 Ohms spec was recommended cartridge impedance. Do you have a switch or knob that allows you to change the cartridge loading?
Anyway, with the given and information and some maths, here's what we end up with:
At a load of 47k on the output windings of the SUT, your cartridge sees a reflected impedance of 470 Ohms. This is higher than the recommended load of 100 Ohms for the 17D3. The 17D3 checks in at 38 Ohms impedance so it falls inside the recommended cart loads for the SUT. The output of the 17D3 is only about half of your Denon though - 0.23mV vs. 0.4mV.
Doing some very rough calculations, keeping the load that the cart sees to 470 Ohms, for the 17D3 you will be getting an output at the SUT of roughly 2.1mV. Given a gain of 42dB with your phono stage - that translates to 126 times input voltage your preamp will see about 270mV.
With the Denon cart, you are seeing 3.7mV output at the SUT and your phono pre outputs 470mV.
Feel free to double check my calculations. I've been known on more than one occasion to make careless mistakes.
