132,684 Shares in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Bought by Kapitalo Investimentos Ltda

Key Points

• Kapitalo Investimentos Ltda acquired 132,684 shares of Dun & Bradstreet Holdings, Inc., valued at approximately $1,186,000, indicating growing institutional interest in the company.
• Recent analyst ratings for Dun & Bradstreet show a consensus average rating of "Hold" with a price target of $11.86.
• Insider trading activity includes significant sales by Director Chinh Chu and Chairman William P. Foley II, reducing their holdings by 99.78% and 30.83%, respectively.

Kapitalo Investimentos Ltda bought a new position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 132,684 shares of the business services provider's stock, valued at approximately $1,186,000.

Several other large investors have also bought and sold shares of DNB. Xponance Inc. raised its position in Dun & Bradstreet by 16.5% during the 4th quarter. Xponance Inc. now owns 13,252 shares of the business services provider's stock worth $165,000 after purchasing an additional 1,881 shares during the last quarter. Sei Investments Co. raised its position in Dun & Bradstreet by 11.0% during the 4th quarter. Sei Investments Co. now owns 1,042,236 shares of the business services provider's stock worth $12,986,000 after purchasing an additional 103,088 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in Dun & Bradstreet during the 4th quarter worth $716,000. LPL Financial LLC raised its position in Dun & Bradstreet by 67.0% during the 4th quarter. LPL Financial LLC now owns 45,635 shares of the business services provider's stock worth $569,000 after purchasing an additional 18,316 shares during the last quarter. Finally, Congress Wealth Management LLC DE bought a new position in Dun & Bradstreet during the 4th quarter worth $349,000. 86.68% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on DNB shares. Needham & Company LLC reissued a "hold" rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Wall Street Zen started coverage on Dun & Bradstreet in a research report on Wednesday, May 21st. They issued a "hold" rating for the company. Finally, Raymond James Financial lowered Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a research report on Friday, June 13th. Eight investment analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $11.86.

Dun & Bradstreet Stock Performance

Shares of DNB opened at $9.12 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.62 and a quick ratio of 0.62. The stock has a 50-day moving average of $9.07 and a 200-day moving average of $9.44. The company has a market cap of $4.07 billion, a PE ratio of -182.46 and a beta of 1.12. Dun & Bradstreet Holdings, Inc. has a one year low of $7.78 and a one year high of $12.94.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last issued its earnings results on Thursday, May 1st. The business services provider reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. The company had revenue of $579.80 million during the quarter, compared to the consensus estimate of $578.02 million. Dun & Bradstreet had a positive return on equity of 11.51% and a negative net margin of 0.88%. The firm's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the business posted $0.20 EPS. On average, equities research analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

Insider Activity

In other news, Director Chinh Chu sold 10,885,403 shares of the firm's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $8.95, for a total value of $97,424,356.85. Following the completion of the sale, the director directly owned 23,810 shares in the company, valued at $213,099.50. This trade represents a 99.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $8.96, for a total value of $22,400,000.00. Following the transaction, the chairman owned 5,609,644 shares of the company's stock, valued at $50,262,410.24. This trade represents a 30.83% decrease in their position. The disclosure for this sale can be found here. Company insiders own 10.44% of the company's stock.

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.

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