Charles Schwab Investment Management Inc. Grows Stock Position in Dun & Bradstreet Holdings, Inc. $DNB

Charles Schwab Investment Management Inc. lifted its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 2.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,161,075 shares of the business services provider’s stock after purchasing an additional 85,227 shares during the period. Charles Schwab Investment Management Inc. owned about 0.93% of Dun & Bradstreet worth $37,200,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its holdings 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 period. Azora Capital LP raised its stake 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 buying an additional 1,240,472 shares in the last quarter. Crescent Grove Advisors LLC raised its stake 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 buying an additional 498,558 shares in the last quarter. Vulcan Value Partners LLC raised its stake in Dun & Bradstreet by 50.3% in 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 buying an additional 1,373,476 shares in the last quarter. Finally, Confluence Investment Management LLC raised its stake in Dun & Bradstreet by 0.7% in 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 buying an additional 29,056 shares in the last quarter. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Dun & Bradstreet Stock Up 0.1%

DNB opened at $9.10 on Tuesday. The business’s 50-day simple moving average is $9.10 and its 200-day simple moving average is $9.15. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.61 and a current ratio of 0.61. Dun & Bradstreet Holdings, Inc. has a one year low of $7.78 and a one year high of $12.94. The stock has a market capitalization of $4.06 billion, a P/E ratio of -101.06 and a beta of 1.12.

Insider Activity at Dun & Bradstreet

In other news, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $9.09, for a total transaction of $22,725,000.00. Following the sale, the chairman owned 3,109,644 shares in the company, valued at approximately $28,266,663.96. The trade was a 44.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 10.44% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Dun & Bradstreet Company Profile

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.