Carmignac Gestion Makes New $2.81 Million Investment in Dun & Bradstreet Holdings, Inc. $DNB

Carmignac Gestion purchased a new position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 314,466 shares of the business services provider’s stock, valued at approximately $2,811,000.

A number of other institutional investors also recently modified their holdings of the company. Hsbc Holdings PLC acquired a new position in shares of Dun & Bradstreet during the first quarter worth approximately $242,000. Summit Securities Group LLC acquired a new position in shares of Dun & Bradstreet during the first quarter worth approximately $93,000. Dimensional Fund Advisors LP raised its position in shares of Dun & Bradstreet by 11.4% during the first quarter. Dimensional Fund Advisors LP now owns 19,628,905 shares of the business services provider’s stock worth $175,482,000 after purchasing an additional 2,006,587 shares during the period. Kovitz Investment Group Partners LLC acquired a new position in shares of Dun & Bradstreet during the first quarter worth approximately $203,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Dun & Bradstreet during the first quarter worth approximately $68,000. 86.68% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Chairman William P. Foley II sold 2,500,000 shares of the firm’s stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $9.09, for a total transaction of $22,725,000.00. Following the completion of the sale, the chairman directly owned 3,109,644 shares of the company’s stock, valued at $28,266,663.96. This trade represents a 44.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 10.44% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on DNB shares. Wall Street Zen started coverage on Dun & Bradstreet in a research report on Wednesday, May 21st. They set a “hold” rating on the stock. Needham & Company LLC reissued a “hold” rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Finally, Raymond James Financial lowered Dun & Bradstreet from a “strong-buy” rating to a “market perform” rating in a research report on Friday, June 13th. Seven research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Dun & Bradstreet presently has a consensus rating of “Hold” and a consensus target price of $11.63.

Dun & Bradstreet Trading Up 0.1%

NYSE DNB opened at $9.10 on Tuesday. Dun & Bradstreet Holdings, Inc. has a 12 month low of $7.78 and a 12 month high of $12.94. The firm has a market capitalization of $4.06 billion, a P/E ratio of -101.06 and a beta of 1.12. The business has a fifty day simple moving average of $9.10 and a 200 day simple moving average of $9.15. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.04.

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.