Dun & Bradstreet Holdings, Inc. (NYSE:DNB) is Azora Capital LP’s 5th Largest Position

Azora Capital LP boosted its holdings in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 119.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,973,354 shares of the business services provider’s stock after acquiring an additional 4,346,033 shares during the period. Dun & Bradstreet comprises 5.0% of Azora Capital LP’s portfolio, making the stock its 5th largest holding. Azora Capital LP owned approximately 1.81% of Dun & Bradstreet worth $91,773,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of DNB. Blue Trust Inc. raised its stake in Dun & Bradstreet by 129.1% in the 2nd quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 2,563 shares during the last quarter. Canada Pension Plan Investment Board raised its position in shares of Dun & Bradstreet by 85.1% in the second quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock valued at $81,000 after buying an additional 4,000 shares during the last quarter. Xponance Inc. purchased a new position in shares of Dun & Bradstreet during the second quarter valued at approximately $100,000. KBC Group NV boosted its position in Dun & Bradstreet by 33.9% during the third quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after acquiring an additional 2,499 shares during the last quarter. Finally, Paloma Partners Management Co purchased a new stake in Dun & Bradstreet in the 3rd quarter worth approximately $117,000. 86.68% of the stock is owned by hedge funds and other institutional investors.

Dun & Bradstreet Stock Down 0.1 %

Shares of NYSE:DNB opened at $12.70 on Monday. Dun & Bradstreet Holdings, Inc. has a 1 year low of $8.77 and a 1 year high of $12.94. The stock has a 50-day simple moving average of $11.74 and a 200-day simple moving average of $10.96. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 0.70. The stock has a market capitalization of $5.61 billion, a P/E ratio of -158.75, a PEG ratio of 3.53 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.27. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The company had revenue of $609.10 million during the quarter, compared to the consensus estimate of $605.64 million. During the same period in the previous year, the firm earned $0.23 earnings per share. Dun & Bradstreet’s revenue for the quarter was up 3.5% on a year-over-year basis. Equities analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current year.

Dun & Bradstreet Announces Dividend

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 given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend is Thursday, December 5th. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -250.00%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. increased their price target on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. The Goldman Sachs Group increased their target price on Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Barclays lifted their price target on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. Needham & Company LLC reiterated a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a report on Friday, November 1st. Finally, StockNews.com upgraded shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. 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. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price 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.