Dun & Bradstreet Holdings, Inc. $DNB Shares Acquired by AlphaQuest LLC

Key Points

• AlphaQuest LLC dramatically increased its holdings in Dun & Bradstreet by purchasing 62,083 shares, bringing its total ownership to 62,084 shares valued at approximately $555,000.
• Insider trading activity included Chairman William P. Foley II selling 2.5 million shares for about $22.7 million, reducing his ownership in the company by 44.57%.
• Dun & Bradstreet stock has received a consensus rating of "Hold" from several analysts, with a target price set at $11.63.

AlphaQuest LLC grew its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 6,208,300.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 62,084 shares of the business services provider's stock after acquiring an additional 62,083 shares during the period. AlphaQuest LLC's holdings in Dun & Bradstreet were worth $555,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in shares of Dun & Bradstreet by 11.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 19,628,905 shares of the business services provider's stock worth $175,482,000 after acquiring an additional 2,006,587 shares in the last quarter. Azora Capital LP increased its position in shares of 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 increased its position in shares of 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. Charles Schwab Investment Management Inc. increased its position in shares of Dun & Bradstreet by 2.1% in the first 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 buying an additional 85,227 shares in the last quarter. Finally, Vulcan Value Partners LLC increased its position in shares of 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. 86.68% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Dun & Bradstreet

In other news, Chairman William P. Foley II sold 2,500,000 shares of the company's stock in a transaction 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 of the company's stock, valued at $28,266,663.96. This represents a 44.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 10.44% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on DNB shares. Wall Street Zen started coverage on Dun & Bradstreet in a research report on Wednesday, May 21st. They issued a "hold" rating for the company. Needham & Company LLC restated a "hold" rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Finally, Raymond James Financial cut Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a research report on Friday, June 13th. Six research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Dun & Bradstreet presently has a consensus rating of "Hold" and a consensus price target of $11.63.

Dun & Bradstreet Trading Up 0.5%

NYSE DNB traded up $0.05 on Thursday, reaching $9.16. 17,828,715 shares of the company were exchanged, compared to its average volume of 3,879,425. The business's fifty day moving average price is $9.11 and its 200 day moving average price is $9.04. The stock 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 current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.04. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $7.78 and a fifty-two week high of $12.94.

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.