Tabor Asset Management LP Takes Position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

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

Other institutional investors have also recently made changes to their positions in the company. Sterling Capital Management LLC raised its position in shares of Dun & Bradstreet by 53.9% during the 4th quarter. Sterling Capital Management LLC now owns 18,176 shares of the business services provider's stock valued at $226,000 after buying an additional 6,366 shares during the period. Proficio Capital Partners LLC purchased a new stake in shares of Dun & Bradstreet during the 4th quarter valued at approximately $323,000. D. E. Shaw & Co. Inc. raised its position in shares of Dun & Bradstreet by 325.7% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 87,700 shares of the business services provider's stock valued at $1,093,000 after buying an additional 67,100 shares during the period. Wells Fargo & Company MN raised its position in shares of Dun & Bradstreet by 4.0% during the 4th quarter. Wells Fargo & Company MN now owns 540,405 shares of the business services provider's stock valued at $6,733,000 after buying an additional 20,784 shares during the period. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Dun & Bradstreet during the 4th quarter valued at approximately $783,000. Hedge funds and other institutional investors own 86.68% of the company's stock.

Insider Buying and Selling at Dun & Bradstreet

In other news, Director Chinh Chu sold 10,885,403 shares of Dun & Bradstreet stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $8.95, for a total transaction of $97,424,356.85. Following the completion of the sale, the director directly owned 23,810 shares of the company's stock, valued at approximately $213,099.50. The trade was a 99.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman William P. Foley II sold 2,500,000 shares of Dun & Bradstreet stock in a transaction on 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 sale, the chairman directly owned 5,609,644 shares of the company's stock, valued at approximately $50,262,410.24. This trade represents a 30.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. 10.44% of the stock is currently owned by insiders.

Dun & Bradstreet Stock Up 0.1%

Shares of NYSE:DNB traded up $0.01 during trading on Monday, hitting $9.11. The company's stock had a trading volume of 200,203 shares, compared to its average volume of 6,297,279. The business has a 50 day moving average price of $9.05 and a two-hundred day moving average price of $9.52. The company has a market capitalization of $4.06 billion, a PE ratio of -182.10 and a beta of 1.12. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.62 and a current ratio of 0.62. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $7.78 and a fifty-two week high of $12.95.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The business services provider reported $0.21 EPS for the quarter, topping the consensus estimate of $0.20 by $0.01. The business had revenue of $579.80 million during the quarter, compared to the consensus estimate of $578.02 million. Dun & Bradstreet had a negative net margin of 0.88% and a positive return on equity of 11.51%. The company's quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm 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 fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently commented on DNB. Jefferies Financial Group reaffirmed a "hold" rating and set a $9.15 price target (down previously from $11.00) on shares of Dun & Bradstreet in a research report on Tuesday, March 25th. Needham & Company LLC reiterated a "hold" rating on shares of Dun & Bradstreet in a report on Friday, May 2nd. Wall Street Zen initiated coverage on shares of Dun & Bradstreet in a report on Wednesday, May 21st. They issued a "hold" rating for the company. Finally, Raymond James Financial downgraded shares of Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a report on Friday, June 13th. Eight investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $11.86.

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.