Corbyn Investment Management Inc. MD Raises 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 grew its stake in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 18.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 346,181 shares of the business services provider's stock after acquiring an additional 53,480 shares during the period. Corbyn Investment Management Inc. MD owned about 0.08% of Dun & Bradstreet worth $3,095,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. 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 Dun & Bradstreet during the 1st quarter valued at $114,000. Finally, Brown Miller Wealth Management LLC acquired a new stake in Dun & Bradstreet during the 1st quarter valued at $122,000. Institutional investors and hedge funds own 86.68% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DNB. Wall Street Zen began coverage on shares of Dun & Bradstreet in a research note on Wednesday, May 21st. They set a "hold" rating on the stock. Raymond James Financial downgraded shares of Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a research note on Friday, June 13th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Dun & Bradstreet in a research note on Friday, May 2nd. Seven research analysts have rated the stock with a hold rating, According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $11.63.

Dun & Bradstreet Stock Up 0.1%

Shares of NYSE DNB traded up $0.01 during mid-day trading on Friday, reaching $9.11. The company had a trading volume of 1,127,067 shares, compared to its average volume of 2,725,285. The stock has a market capitalization of $4.07 billion, a PE ratio of -182.20 and a beta of 1.12. Dun & Bradstreet Holdings, Inc. has a twelve month low of $7.78 and a twelve month high of $12.94. The stock's 50 day moving average is $9.09 and its 200-day moving average is $9.28. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.62 and a current ratio of 0.62.

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.