Dun & Bradstreet Holdings, Inc. $DNB Stake Boosted by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Dun & Bradstreet Holdings, Inc. by 2.1%, owning approximately 0.93% of the company worth $37.2 million at the end of the first quarter.
• Insider trading activity saw Chairman William P. Foley II sell 2.5 million shares of Dun & Bradstreet at an average price of $9.09, reducing his ownership by 44.57%.
• Research firms have rated Dun & Bradstreet primarily with a "hold" rating, with a consensus price target of $11.63 according to analysts.

Charles Schwab Investment Management Inc. increased its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 2.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,161,075 shares of the business services provider's stock after acquiring an additional 85,227 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.93% of Dun & Bradstreet worth $37,200,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Neo Ivy Capital Management acquired a new position in shares of Dun & Bradstreet in the fourth quarter worth about $96,000. Oak Thistle LLC acquired a new position in shares of Dun & Bradstreet in the first quarter worth about $93,000. Vest Financial LLC acquired a new position in shares of Dun & Bradstreet in the first quarter worth about $106,000. True Link Financial Advisors LLC acquired a new position in shares of Dun & Bradstreet in the first quarter worth about $114,000. Finally, Brown Miller Wealth Management LLC acquired a new position in shares of Dun & Bradstreet in the first quarter worth about $122,000. Institutional investors and hedge funds own 86.68% of the company's stock.

Analyst Upgrades and Downgrades

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

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 that occurred on 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 completion of the transaction, the chairman directly owned 3,109,644 shares of the company's stock, valued at approximately $28,266,663.96. This represents a 44.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 10.44% of the company's stock.

Dun & Bradstreet Stock Performance

Shares of NYSE:DNB traded down $0.0050 during trading on Friday, hitting $9.1050. 2,315,576 shares of the company traded hands, compared to its average volume of 2,962,005. The stock has a market capitalization of $4.06 billion, a price-to-earnings ratio of -101.17 and a beta of 1.12. The business's fifty day moving average is $9.10 and its 200-day moving average is $9.09. Dun & Bradstreet Holdings, Inc. has a one year low of $7.78 and a one year high of $12.94. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 1.04.

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.