Vulcan Value Partners LLC Has $36.68 Million Stock Position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Key Points

• Vulcan Value Partners LLC significantly increased its ownership of Dun & Bradstreet by acquiring 1,373,476 shares, raising its total to approximately 4.1 million shares, which constitutes about 0.7% of its investment portfolio.
• Recent institutional investments include Norges Bank acquiring a new position worth over $42 million, with institutional investors now owning approximately 86.68% of Dun & Bradstreet's stock.
• Dun & Bradstreet reported earnings of $0.21 per share, beating estimates, and anticipates a total earnings per share of 0.96 for the current fiscal year.

Vulcan Value Partners LLC increased its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 50.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,103,360 shares of the business services provider's stock after purchasing an additional 1,373,476 shares during the quarter. Dun & Bradstreet makes up approximately 0.7% of Vulcan Value Partners LLC's holdings, making the stock its 27th largest holding. Vulcan Value Partners LLC owned 0.92% of Dun & Bradstreet worth $36,684,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Massachusetts Financial Services Co. MA grew its holdings in Dun & Bradstreet by 2.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 57,773,925 shares of the business services provider's stock valued at $719,863,000 after buying an additional 1,275,959 shares during the period. Dimensional Fund Advisors LP lifted its position in 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 worth $219,566,000 after acquiring an additional 1,350,263 shares in the last quarter. FMR LLC boosted its stake in shares of Dun & Bradstreet by 9.7% during the 4th quarter. FMR LLC now owns 12,575,015 shares of the business services provider's stock valued at $156,685,000 after buying an additional 1,109,940 shares during the last quarter. 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. Finally, Crescent Grove Advisors LLC raised its position in shares of Dun & Bradstreet by 8.1% during the 1st quarter. Crescent Grove Advisors LLC now owns 6,678,062 shares of the business services provider's stock valued at $59,702,000 after acquiring an additional 498,558 shares in the last quarter. Hedge funds and other institutional investors own 86.68% of the company's stock.

Analyst Ratings Changes

Several brokerages have weighed in on DNB. Needham & Company LLC reaffirmed a "hold" rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Wall Street Zen began coverage on Dun & Bradstreet in a report on Wednesday, May 21st. They issued a "hold" rating for the company. Finally, Raymond James Financial downgraded Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a report on Friday, June 13th. Eight research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $11.86.

Dun & Bradstreet Stock Performance

Shares of NYSE DNB remained flat at $9.10 during mid-day trading on Friday. The stock had a trading volume of 2,487,259 shares, compared to its average volume of 2,287,750. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 1.06. The stock has a market cap of $4.06 billion, a PE ratio of -182.00 and a beta of 1.12. The company's fifty day moving average is $9.08 and its two-hundred day moving average is $9.36. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $7.78 and a fifty-two week high of $12.94.

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

Insider Activity at Dun & Bradstreet

In other Dun & Bradstreet news, Director Chinh Chu sold 10,885,403 shares of the firm's stock in a transaction that occurred on 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 $213,099.50. This trade represents a 99.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available 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.