CIBRA Capital Ltd Invests $8.40 Million in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

CIBRA Capital Ltd acquired a new position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 939,034 shares of the business services provider's stock, valued at approximately $8,395,000. Dun & Bradstreet comprises approximately 2.9% of CIBRA Capital Ltd's investment portfolio, making the stock its 10th biggest holding. CIBRA Capital Ltd owned approximately 0.21% of Dun & Bradstreet as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in DNB. Steward Partners Investment Advisory LLC grew its holdings in shares of Dun & Bradstreet by 7,875.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 32,299 shares of the business services provider's stock worth $402,000 after buying an additional 31,894 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Dun & Bradstreet during the fourth quarter worth about $323,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Dun & Bradstreet by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,075,848 shares of the business services provider's stock worth $50,785,000 after buying an additional 99,795 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Dun & Bradstreet by 9.3% during the fourth quarter. Bank of New York Mellon Corp now owns 1,657,713 shares of the business services provider's stock worth $20,655,000 after buying an additional 141,054 shares during the last quarter. Finally, Sterling Capital Management LLC grew its holdings in shares of Dun & Bradstreet by 53.9% during the fourth quarter. Sterling Capital Management LLC now owns 18,176 shares of the business services provider's stock worth $226,000 after buying an additional 6,366 shares during the last quarter. Hedge funds and other institutional investors own 86.68% of the company's stock.

Insider Buying and Selling at Dun & Bradstreet

In related news, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $8.96, for a total transaction of $22,400,000.00. Following the completion of the transaction, the chairman directly owned 5,609,644 shares of the company's stock, valued at approximately $50,262,410.24. The trade was a 30.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Chinh Chu sold 10,885,403 shares of Dun & Bradstreet stock in a transaction on 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 transaction, the director directly owned 23,810 shares of the company's stock, valued at approximately $213,099.50. This represents a 99.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 10.44% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on DNB. Raymond James Financial lowered Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a report on Friday, June 13th. Needham & Company LLC reissued a "hold" rating on shares of Dun & Bradstreet in a report on Friday, May 2nd. Jefferies Financial Group reissued a "hold" rating and set a $9.15 price target (down previously from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. Finally, Wall Street Zen began coverage on shares of Dun & Bradstreet in a research report on Wednesday, May 21st. They issued a "hold" rating for the company. Eight investment analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $11.86.

Dun & Bradstreet Stock Performance

Shares of DNB remained flat at $9.10 during mid-day trading on Friday. The stock had a trading volume of 1,071,858 shares, compared to its average volume of 6,334,386. 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 business has a fifty day moving average of $9.02 and a 200-day moving average of $9.76. The stock has a market capitalization of $4.06 billion, a price-to-earnings ratio of -182.00 and a beta of 1.12. Dun & Bradstreet Holdings, Inc. has a 1-year low of $7.78 and a 1-year high of $12.95.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its quarterly 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 business had revenue of $579.80 million during the quarter, compared to analysts' expectations of $578.02 million. Dun & Bradstreet had a positive return on equity of 11.51% and a negative net margin of 0.88%. The company's quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the firm earned $0.20 EPS. As a group, sell-side analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

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.