PNC Financial Services Group Inc. Buys 13,564 Shares of Dun & Bradstreet Holdings, Inc. $DNB

PNC Financial Services Group Inc. raised its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 146.4% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 22,831 shares of the business services provider’s stock after purchasing an additional 13,564 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Dun & Bradstreet were worth $204,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its position in Dun & Bradstreet by 8.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider’s stock valued at $219,566,000 after purchasing an additional 1,350,263 shares during the last quarter. Azora Capital LP lifted its position in Dun & Bradstreet by 15.6% in the fourth quarter. Azora Capital LP now owns 9,213,826 shares of the business services provider’s stock valued at $114,804,000 after purchasing an additional 1,240,472 shares during the last quarter. Crescent Grove Advisors LLC lifted its position in Dun & Bradstreet by 8.1% in the first quarter. Crescent Grove Advisors LLC now owns 6,678,062 shares of the business services provider’s stock valued at $59,702,000 after purchasing an additional 498,558 shares during the last quarter. Vulcan Value Partners LLC raised its holdings in shares of Dun & Bradstreet by 50.3% during the first quarter. Vulcan Value Partners LLC now owns 4,103,360 shares of the business services provider’s stock valued at $36,684,000 after acquiring an additional 1,373,476 shares in the last quarter. Finally, Confluence Investment Management LLC raised its holdings in shares of Dun & Bradstreet by 0.7% during the first quarter. Confluence Investment Management LLC now owns 3,986,188 shares of the business services provider’s stock valued at $35,637,000 after acquiring an additional 29,056 shares in the last quarter. Institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Price Performance

DNB opened at $9.10 on Monday. The stock has a fifty day simple moving average of $9.10 and a two-hundred day simple moving average of $9.18. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.04. The company has a market cap of $4.06 billion, a price-to-earnings ratio of -101.11 and a beta of 1.12. Dun & Bradstreet Holdings, Inc. has a 12-month low of $7.78 and a 12-month high of $12.94.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Wall Street Zen assumed coverage on Dun & Bradstreet in a report on Wednesday, May 21st. They set a “hold” rating for the company. Raymond James Financial downgraded Dun & Bradstreet from a “strong-buy” rating to a “market perform” rating in a report on Friday, June 13th. Finally, Needham & Company LLC restated a “hold” rating on shares of Dun & Bradstreet in a report on Friday, May 2nd. Seven analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $11.63.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.