Crescent Grove Advisors LLC Increases Stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Crescent Grove Advisors LLC boosted its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 8.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,678,062 shares of the business services provider's stock after purchasing an additional 498,558 shares during the quarter. Dun & Bradstreet comprises 6.2% of Crescent Grove Advisors LLC's portfolio, making the stock its 2nd largest holding. Crescent Grove Advisors LLC owned approximately 1.50% of Dun & Bradstreet worth $59,702,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Amundi boosted its position in Dun & Bradstreet by 27.9% during the fourth quarter. Amundi now owns 5,158 shares of the business services provider's stock worth $64,000 after purchasing an additional 1,126 shares during the period. Neo Ivy Capital Management bought a new stake in Dun & Bradstreet during the fourth quarter worth approximately $96,000. Vest Financial LLC acquired a new position in shares of Dun & Bradstreet during the first quarter worth approximately $106,000. True Link Financial Advisors LLC acquired a new position in shares of Dun & Bradstreet during the first quarter worth approximately $114,000. Finally, Brown Miller Wealth Management LLC acquired a new position in shares of Dun & Bradstreet during the first quarter worth approximately $122,000. Institutional investors own 86.68% of the company's stock.

Dun & Bradstreet Stock Performance

Shares of NYSE DNB traded up $0.01 during trading hours on Friday, reaching $9.09. The stock had a trading volume of 2,541,630 shares, compared to its average volume of 6,312,525. The business's fifty day moving average is $9.01 and its two-hundred day moving average is $9.87. 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 company has a market cap of $4.06 billion, a price-to-earnings ratio of -181.70 and a beta of 1.12. Dun & Bradstreet Holdings, Inc. has a twelve month low of $7.78 and a twelve month high of $12.95.

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 analysts' consensus estimates of $0.20 by $0.01. The business had revenue of $579.80 million during the quarter, compared to analyst estimates of $578.02 million. Dun & Bradstreet had a positive return on equity of 11.51% and a negative net margin of 0.88%. Dun & Bradstreet's revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.20 earnings per share. As a group, research analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current year.

Analyst Upgrades and Downgrades

DNB has been the subject of a number of research analyst reports. Jefferies Financial Group reiterated a "hold" rating and set a $9.15 price target (down from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. 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 reiterated a "hold" rating on shares of Dun & Bradstreet in a report on Friday, May 2nd. Finally, Wall Street Zen initiated coverage on Dun & Bradstreet in a report on Wednesday, May 21st. They set a "hold" rating for the company. Eight analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $11.86.

Insider Buying and Selling at Dun & Bradstreet

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

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.