Amundi Buys 461,467 Shares of Dun & Bradstreet Holdings, Inc. $DNB

Amundi grew its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 8,946.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 466,625 shares of the business services provider’s stock after purchasing an additional 461,467 shares during the quarter. Amundi owned about 0.10% of Dun & Bradstreet worth $4,172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Dimensional Fund Advisors LP lifted its stake in shares of Dun & Bradstreet by 11.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 19,628,905 shares of the business services provider’s stock valued at $175,482,000 after purchasing an additional 2,006,587 shares during the period. Crescent Grove Advisors LLC lifted its stake in shares of Dun & Bradstreet by 8.1% in the 1st 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 period. Charles Schwab Investment Management Inc. lifted its stake in shares of Dun & Bradstreet by 2.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,161,075 shares of the business services provider’s stock valued at $37,200,000 after purchasing an additional 85,227 shares during the period. Vulcan Value Partners LLC lifted its stake in shares of Dun & Bradstreet by 50.3% in the 1st quarter. Vulcan Value Partners LLC now owns 4,103,360 shares of the business services provider’s stock valued at $36,684,000 after purchasing an additional 1,373,476 shares during the period. Finally, Confluence Investment Management LLC lifted its stake in shares of Dun & Bradstreet by 0.7% in the 1st quarter. Confluence Investment Management LLC now owns 3,986,188 shares of the business services provider’s stock valued at $35,637,000 after purchasing an additional 29,056 shares during the period. 86.68% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Dun & Bradstreet

In other news, Chairman William P. Foley II sold 2,500,000 shares of the business’s stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $9.09, for a total value of $22,725,000.00. Following the transaction, the chairman owned 3,109,644 shares in the company, valued at $28,266,663.96. The trade was a 44.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 10.44% of the stock is owned by insiders.

Dun & Bradstreet Price Performance

DNB stock opened at $9.16 on Thursday. The company has a market capitalization of $4.08 billion, a P/E ratio of -101.72 and a beta of 1.12. 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 52-week low of $7.78 and a 52-week high of $12.94. The business has a 50-day simple moving average of $9.12 and a two-hundred day simple moving average of $8.96.

Wall Street Analyst Weigh In

DNB has been the topic of a number of recent analyst reports. Raymond James Financial downgraded Dun & Bradstreet from a “strong-buy” rating to a “market perform” rating in a research note on Friday, June 13th. Wall Street Zen began coverage on Dun & Bradstreet in a research note on Wednesday, May 21st. They issued a “hold” rating on the stock. Six research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $11.63.

Dun & Bradstreet 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.