Nuveen LLC Makes New $5.52 Million Investment in Dun & Bradstreet Holdings, Inc. $DNB

Key Points

• Nuveen LLC acquired a new stake in Dun & Bradstreet Holdings, Inc., purchasing 617,371 shares valued at approximately $5.5 million, representing 0.14% of the company.
• Recent analyst ratings for DNB indicate a consensus rating of "Hold" and an average target price of $11.63.
• Chairman William P. Foley II sold 2.5 million shares at an average price of $9.09, reducing his ownership by 44.57%.

Nuveen LLC purchased a new stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 617,371 shares of the business services provider's stock, valued at approximately $5,519,000. Nuveen LLC owned approximately 0.14% of Dun & Bradstreet at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. World Investment Advisors increased its holdings in shares of Dun & Bradstreet by 7.5% in the first quarter. World Investment Advisors now owns 16,009 shares of the business services provider's stock valued at $143,000 after purchasing an additional 1,118 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Dun & Bradstreet by 5.5% in the fourth quarter. Cetera Investment Advisers now owns 23,843 shares of the business services provider's stock valued at $297,000 after purchasing an additional 1,240 shares in the last quarter. Linden Thomas Advisory Services LLC increased its holdings in shares of Dun & Bradstreet by 2.3% in the first quarter. Linden Thomas Advisory Services LLC now owns 70,046 shares of the business services provider's stock valued at $626,000 after purchasing an additional 1,573 shares in the last quarter. New World Advisors LLC increased its holdings in shares of Dun & Bradstreet by 30.4% in the first quarter. New World Advisors LLC now owns 15,000 shares of the business services provider's stock valued at $134,000 after purchasing an additional 3,500 shares in the last quarter. Finally, Vise Technologies Inc. grew its holdings in Dun & Bradstreet by 33.1% during the 4th quarter. Vise Technologies Inc. now owns 17,001 shares of the business services provider's stock worth $212,000 after acquiring an additional 4,224 shares during the period. Institutional investors and hedge funds own 86.68% of the company's stock.

Dun & Bradstreet Stock Up 0.5%

DNB traded up $0.05 during trading on Thursday, hitting $9.16. The company had a trading volume of 17,828,715 shares, compared to its average volume of 3,879,425. The company has a market capitalization of $4.08 billion, a PE ratio of -101.72 and a beta of 1.12. Dun & Bradstreet Holdings, Inc. has a one year low of $7.78 and a one year high of $12.94. The firm's 50-day moving average price is $9.11 and its 200 day moving average price is $9.04. 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 Buying and Selling

In related news, Chairman William P. Foley II sold 2,500,000 shares of the business's stock in a transaction on Thursday, August 14th. The shares were 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. The trade was a 44.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 10.44% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on DNB. Wall Street Zen began coverage on shares of Dun & Bradstreet in a report on Wednesday, May 21st. They set a "hold" rating for the company. Needham & Company LLC reaffirmed a "hold" rating on shares of Dun & Bradstreet in a report on Friday, May 2nd. Finally, Raymond James Financial lowered shares of 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, According to data from MarketBeat.com, Dun & Bradstreet currently has an average rating of "Hold" and an average price target of $11.63.

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.