Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Sold by Corbyn Investment Management Inc. MD

Corbyn Investment Management Inc. MD cut its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 4.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 292,756 shares of the business services provider’s stock after selling 12,628 shares during the quarter. Dun & Bradstreet makes up approximately 1.3% of Corbyn Investment Management Inc. MD’s investment portfolio, making the stock its 29th largest position. Corbyn Investment Management Inc. MD owned approximately 0.07% of Dun & Bradstreet worth $3,370,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. boosted its holdings in Dun & Bradstreet by 28.2% during the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock worth $67,000 after buying an additional 1,284 shares in the last quarter. OLD National Bancorp IN grew its position in shares of Dun & Bradstreet by 6.9% during the 2nd quarter. OLD National Bancorp IN now owns 19,931 shares of the business services provider’s stock valued at $185,000 after acquiring an additional 1,286 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in shares of Dun & Bradstreet by 12.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider’s stock valued at $127,000 after purchasing an additional 1,533 shares in the last quarter. KBC Group NV raised its holdings in Dun & Bradstreet by 33.9% in the 3rd quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after purchasing an additional 2,499 shares during the period. Finally, Tidal Investments LLC boosted its position in Dun & Bradstreet by 10.2% during the first quarter. Tidal Investments LLC now owns 30,924 shares of the business services provider’s stock worth $310,000 after purchasing an additional 2,856 shares in the last quarter. Institutional investors and hedge funds own 86.68% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on DNB shares. Royal Bank of Canada reduced their target price on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a research note on Friday, August 2nd. Needham & Company LLC restated a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a research report on Friday, November 1st. Barclays increased their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. StockNews.com raised shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. raised their price target on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Monday, August 5th. Five analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $13.83.

Dun & Bradstreet Price Performance

Shares of NYSE DNB opened at $12.12 on Monday. The stock has a market capitalization of $5.35 billion, a price-to-earnings ratio of -151.50, a price-to-earnings-growth ratio of 3.37 and a beta of 1.15. Dun & Bradstreet Holdings, Inc. has a 52 week low of $8.77 and a 52 week high of $12.75. The firm has a 50-day simple moving average of $11.54 and a 200-day simple moving average of $10.80. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08.

Dun & Bradstreet (NYSE:DNB) last released its earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.27. The business had revenue of $609.10 million for the quarter, compared to analyst estimates of $605.64 million. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The business’s revenue was up 3.5% on a year-over-year basis. During the same period last year, the company posted $0.23 EPS. On average, equities analysts predict that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Thursday, December 5th. Dun & Bradstreet’s dividend payout ratio (DPR) is currently -250.00%.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.