Tabor Asset Management LP Purchases Shares of 52,661 Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Tabor Asset Management LP purchased a new stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 52,661 shares of the business services provider's stock, valued at approximately $471,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Proficio Capital Partners LLC acquired a new position in shares of Dun & Bradstreet in the 4th quarter valued at about $323,000. Amundi increased its holdings in Dun & Bradstreet by 27.9% during the 4th 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 last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Dun & Bradstreet by 19.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 65,279 shares of the business services provider's stock valued at $813,000 after acquiring an additional 10,458 shares during the last quarter. Swiss National Bank increased its holdings in shares of Dun & Bradstreet by 0.7% in the 4th quarter. Swiss National Bank now owns 564,800 shares of the business services provider's stock valued at $7,037,000 after acquiring an additional 3,900 shares during the last quarter. Finally, Xponance Inc. increased its holdings in shares of Dun & Bradstreet by 16.5% in the 4th quarter. Xponance Inc. now owns 13,252 shares of the business services provider's stock valued at $165,000 after acquiring an additional 1,881 shares during the last quarter. Hedge funds and other institutional investors own 86.68% of the company's stock.

Wall Street Analysts Forecast Growth

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

Insider Activity

In other news, Chairman William P. Foley II sold 2,500,000 shares of the company's stock in a transaction dated 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 sale, the chairman owned 5,609,644 shares in the company, valued at approximately $50,262,410.24. This represents a 30.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Chinh Chu sold 10,885,403 shares of the company's stock in a transaction dated 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 sale, the director owned 23,810 shares of the company's stock, valued at approximately $213,099.50. This trade represents a 99.78% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 10.44% of the company's stock.

Dun & Bradstreet Stock Up 0.1%

DNB stock traded up $0.01 during mid-day trading on Friday, hitting $9.12. The stock had a trading volume of 281,162 shares, compared to its average volume of 6,288,283. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 1.06. Dun & Bradstreet Holdings, Inc. has a 1-year low of $7.78 and a 1-year high of $12.95. The company has a fifty day moving average of $9.05 and a 200 day moving average of $9.59. The stock has a market capitalization of $4.07 billion, a price-to-earnings ratio of -182.30 and a beta of 1.12.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last issued its earnings results on Thursday, May 1st. The business services provider reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.01. Dun & Bradstreet had a positive return on equity of 11.51% and a negative net margin of 0.88%. The company had revenue of $579.80 million for the quarter, compared to analyst estimates of $578.02 million. During the same period in the prior year, the firm posted $0.20 EPS. The business's revenue was up 2.7% compared to the same quarter last year. On average, equities analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 EPS for the current fiscal year.

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.

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