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

Key Points

• Wolverine Asset Management LLC has acquired a new position in Dun & Bradstreet Holdings, Inc., purchasing 126,130 shares valued at approximately $1.128 million.
• Approximately 86.68% of Dun & Bradstreet's stock is currently owned by institutional investors, indicating significant institutional interest in the company.
• The current consensus rating for Dun & Bradstreet's stock is a "Hold", with a consensus price target of $11.63.

Wolverine Asset Management LLC acquired a new position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 126,130 shares of the business services provider's stock, valued at approximately $1,128,000.

Several other hedge funds and other institutional investors have also modified their holdings of DNB. Oak Thistle LLC acquired a new stake in Dun & Bradstreet during the 1st quarter valued at $93,000. Neo Ivy Capital Management acquired a new stake in Dun & Bradstreet during the 4th quarter valued at $96,000. Vest Financial LLC acquired a new stake in Dun & Bradstreet during the 1st quarter valued at $106,000. True Link Financial Advisors LLC acquired a new stake in shares of Dun & Bradstreet in the 1st quarter valued at $114,000. Finally, Brown Miller Wealth Management LLC acquired a new stake in shares of Dun & Bradstreet in the 1st quarter valued at $122,000. Institutional investors own 86.68% of the company's stock.

Wall Street Analyst Weigh In

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

Dun & Bradstreet Trading Up 0.1%

DNB stock traded up $0.01 during midday trading on Tuesday, hitting $9.11. 3,893,542 shares of the company's stock were exchanged, compared to its average volume of 2,577,757. The stock's fifty day moving average price is $9.09 and its 200-day moving average price is $9.25. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market cap of $4.06 billion, a PE ratio of -101.17 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.

Dun & Bradstreet Company 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.