Should You Remain Optimistic in Dun and Bradstreet (DNB)?

Weitz Investment Management, an investment management firm, published its “Value Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded here. In its letter, the fund mentioned that it knows very little in economics, politics, and investor psychology is predictable. The fund believes, though, that business value is (roughly) measurable and that it (eventually) exerts a gravitational pull on a company’s stock price. According to Weitz Investment, when confidence is shaken and markets are volatile, active managers have the raw material they need to add value for investors. We’re looking forward to an interesting year. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

Weitz Investment Management, in its Q4 2021 investor letter, mentioned Dun & Bradstreet Holdings, Inc. (NYSE: DNB) and discussed its stance on the firm. Dun & Bradstreet Holdings, Inc. is a Millburn, New Jersey-based commercial data, analytics, and insights provider with a $8.6 billion market capitalization. DNB delivered a -2.10% return since the beginning of the year, while its 12-month returns are down by -18.29%. The stock closed at $20.06 per share on January 31, 2022.

Here is what Weitz Investment Management, Inc. has to say about Dun & Bradstreet Holdings, Inc. in its Q4 2021 investor letter:

“Another data provider – Dun and Bradstreet – provides important business credit information. Previously, it had rested on its laurels and let its moat erode, but new management with a great track record for turnarounds gives us confidence that this “fixer-upper” can become much more valuable. The jury is still out on Dun and Bradstreet’s upside potential, but we believe its downside is limited, and if the new management can continue to execute well, we should do well.”

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Our calculations show that Dun & Bradstreet Holdings, Inc. (NYSE: DNB) failed to obtain a mark on our list of the 30 Most Popular Stocks Among Hedge Funds. DNB was in 33 hedge fund portfolios at the end of the third quarter of 2021, compared to 45 funds in the previous quarter. Dun & Bradstreet Holdings, Inc. (NYSE: DNB) delivered a 5.58% return in the past 3 months.

In November 2021, we also shared another hedge fund’s views on DNB in another article. You can find other letters from hedge funds and prominent investors on our hedge fund investor letters 2021 Q4 page.

Disclosure: None. This article is originally published at Insider Monkey.