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

Corbyn Investment Management Inc. MD cut its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 4.1% during the third quarter, HoldingsChannel reports. The fund owned 292,756 shares of the business services provider’s stock after selling 12,628 shares during the period. Dun & Bradstreet comprises 1.3% of Corbyn Investment Management Inc. MD’s holdings, making the stock its 29th biggest position. Corbyn Investment Management Inc. MD’s holdings in Dun & Bradstreet were worth $3,370,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in DNB. Blue Trust Inc. raised its position in Dun & Bradstreet by 28.2% in the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 1,284 shares during the period. OLD National Bancorp IN increased 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 worth $185,000 after purchasing an additional 1,286 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in 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 buying an additional 1,533 shares during the period. KBC Group NV lifted its position in Dun & Bradstreet by 33.9% in the third quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock valued at $114,000 after buying an additional 2,499 shares during the last quarter. Finally, Tidal Investments LLC boosted its stake 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 buying an additional 2,856 shares during the period. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Dun & Bradstreet Stock Performance

NYSE:DNB opened at $12.12 on Monday. Dun & Bradstreet Holdings, Inc. has a 52 week low of $8.77 and a 52 week high of $12.75. The company has a fifty day simple moving average of $11.54 and a two-hundred 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. The company has a market cap 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 (NYSE:DNB) last released its earnings results on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. The firm had revenue of $609.10 million during the quarter, compared to analysts’ expectations of $605.64 million. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. Dun & Bradstreet’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.23 EPS. As a group, equities analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on DNB shares. The Goldman Sachs Group boosted their price target on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research note on Monday, August 5th. Needham & Company LLC reissued a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research report on Friday, November 1st. Royal Bank of Canada lowered their price target on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a research report on Friday, August 2nd. Barclays lifted their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. Finally, JPMorgan Chase & Co. increased their target price on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Five research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $13.83.

Dun & Bradstreet Profile

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.