Corbyn Investment Management Inc. MD Increases Stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Key Points

• Corbyn Investment Management Inc. increased its stake in Dun & Bradstreet Holdings, Inc. by 18.3%, now holding 346,181 shares valued at approximately $3.10 million.
• Analysts have issued a consensus "Hold" rating for Dun & Bradstreet, with a price target of $11.63, while some firms have downgraded their ratings recently.
• Insider activity showed Director Chinh Chu sold over 10 million shares for about $97.4 million, resulting in a 99.78% decrease in their holdings.

Corbyn Investment Management Inc. MD raised its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 18.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 346,181 shares of the business services provider's stock after buying an additional 53,480 shares during the period. Corbyn Investment Management Inc. MD owned about 0.08% of Dun & Bradstreet worth $3,095,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Neo Ivy Capital Management purchased a new position in Dun & Bradstreet in the fourth quarter valued at $96,000. Oak Thistle LLC acquired a new position in shares of Dun & Bradstreet during the first quarter worth about $93,000. Vest Financial LLC purchased a new stake in shares of Dun & Bradstreet during the first quarter worth approximately $106,000. True Link Financial Advisors LLC acquired a new stake in Dun & Bradstreet in the first quarter valued at approximately $114,000. Finally, Brown Miller Wealth Management LLC acquired a new position in Dun & Bradstreet during the 1st quarter worth approximately $122,000. 86.68% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Dun & Bradstreet Stock Performance

DNB stock traded up $0.01 during trading on Friday, hitting $9.11. The company had a trading volume of 58,167 shares, compared to its average volume of 8,554,734. Dun & Bradstreet Holdings, Inc. has a 1-year low of $7.78 and a 1-year high of $12.94. The firm has a 50-day moving average price of $9.09 and a 200-day moving average price of $9.32. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 1.06. The firm has a market cap of $4.06 billion, a PE ratio of -182.10 and a beta of 1.12.

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.