Entropy Technologies LP Makes New $553,000 Investment in Dun & Bradstreet Holdings, Inc. $DNB

Key Points

• Entropy Technologies LP acquired 61,875 shares of Dun & Bradstreet Holdings, Inc., valued at approximately $553,000, marking a new investment in the business services provider during the first quarter.
• Multiple institutional investors have also increased their stakes in Dun & Bradstreet, with hedge funds and other institutions currently owning 86.68% of the stock.
• Wall Street analysts have a consensus rating of "Hold" for DNB, with recent downgrades from Raymond James Financial affecting its outlook.

Entropy Technologies LP acquired a new stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 61,875 shares of the business services provider's stock, valued at approximately $553,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Dun & Bradstreet during the 4th quarter valued at approximately $26,817,000. Vulcan Value Partners LLC boosted its stake in shares of Dun & Bradstreet by 50.3% during the 1st 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 during the last quarter. Contour Asset Management LLC purchased a new position in shares of Dun & Bradstreet during the 4th quarter valued at approximately $17,018,000. Dimensional Fund Advisors LP boosted its stake in shares of Dun & Bradstreet by 8.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 17,622,318 shares of the business services provider's stock valued at $219,566,000 after buying an additional 1,350,263 shares during the last quarter. Finally, Azora Capital LP boosted its stake in shares of Dun & Bradstreet by 15.6% during the 4th 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 during the last quarter. Institutional investors and hedge funds own 86.68% of the company's stock.

Dun & Bradstreet Stock Performance

Shares of DNB stock traded up $0.01 on Monday, hitting $9.10. 815,061 shares of the stock traded hands, compared to its average volume of 8,391,604. Dun & Bradstreet Holdings, Inc. has a 1-year low of $7.78 and a 1-year high of $12.94. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.61 and a quick ratio of 0.61. The company's fifty day moving average is $9.10 and its 200 day moving average is $9.18. The company has a market capitalization of $4.06 billion, a PE ratio of -101.06 and a beta of 1.12.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on DNB shares. Raymond James Financial cut Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a research note on Friday, June 13th. Wall Street Zen initiated coverage on Dun & Bradstreet in a research report on Wednesday, May 21st. They set a "hold" rating on the stock. Finally, Needham & Company LLC reissued a "hold" rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Seven investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $11.63.

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.