Eisler Capital Management Ltd. Takes $3.39 Million Position in Dun & Bradstreet Holdings, Inc. $DNB

Key Points

• Eisler Capital Management Ltd. acquired 378,924 shares of Dun & Bradstreet Holdings, valued at approximately $3.39 million, representing about 0.08% ownership in the company.
• Several other institutional investors also entered new positions in Dun & Bradstreet, indicating a growing interest as institutional ownership now stands at 86.68%.
• Analysts have given Dun & Bradstreet an average rating of "Hold", with a consensus price target of $11.63, despite some firms lowering their ratings.

Eisler Capital Management Ltd. acquired a new stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 378,924 shares of the business services provider's stock, valued at approximately $3,389,000. Eisler Capital Management Ltd. owned about 0.08% of Dun & Bradstreet as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DNB. Stifel Financial Corp raised its holdings in shares of Dun & Bradstreet by 11.1% during the fourth quarter. Stifel Financial Corp now owns 74,995 shares of the business services provider's stock valued at $934,000 after acquiring an additional 7,493 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in Dun & Bradstreet by 19.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 181,308 shares of the business services provider's stock worth $2,260,000 after purchasing an additional 29,928 shares during the period. Voya Investment Management LLC grew its stake in Dun & Bradstreet by 47.4% in the fourth quarter. Voya Investment Management LLC now owns 58,858 shares of the business services provider's stock worth $733,000 after purchasing an additional 18,917 shares during the period. Northern Trust Corp grew its stake in Dun & Bradstreet by 10.9% in the fourth quarter. Northern Trust Corp now owns 1,659,092 shares of the business services provider's stock worth $20,672,000 after purchasing an additional 163,692 shares during the period. Finally, Jane Street Group LLC grew its stake in Dun & Bradstreet by 148.9% in the fourth quarter. Jane Street Group LLC now owns 142,099 shares of the business services provider's stock worth $1,771,000 after purchasing an additional 85,014 shares during the period. Institutional investors own 86.68% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on DNB shares. Wall Street Zen started coverage on Dun & Bradstreet in a research note on Wednesday, May 21st. They issued a "hold" rating on the stock. Raymond James Financial cut Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a research note on Friday, June 13th. Six research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $11.63.

Dun & Bradstreet Stock Up 0.5%

Shares of NYSE DNB traded up $0.05 during trading on Monday, reaching $9.16. The company had a trading volume of 17,828,715 shares, compared to its average volume of 3,879,425. Dun & Bradstreet Holdings, Inc. has a 12-month low of $7.78 and a 12-month high of $12.94. The stock has a market cap of $4.08 billion, a PE ratio of -101.72 and a beta of 1.12. The business's 50-day moving average is $9.11 and its 200 day moving average is $9.00. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 1.04.

Insider Activity at Dun & Bradstreet

In other news, Chairman William P. Foley II sold 2,500,000 shares of the 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 sale, 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 legal filing with the SEC, which is accessible through this link. Corporate 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.