Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Acquired by Azora Capital LP

Azora Capital LP boosted its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 119.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 7,973,354 shares of the business services provider’s stock after acquiring an additional 4,346,033 shares during the quarter. Dun & Bradstreet makes up 5.0% of Azora Capital LP’s investment portfolio, making the stock its 5th biggest position. Azora Capital LP’s holdings in Dun & Bradstreet were worth $91,773,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

DNB has been the subject of a number of research analyst reports. Barclays lifted their price target on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. The Goldman Sachs Group upped their target price 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 reiterated a “buy” rating and issued a $17.00 price target on shares of Dun & Bradstreet in a research note on Friday, November 1st. StockNews.com raised Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. 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 report on Monday, August 5th. Five analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $13.83.

Dun & Bradstreet Stock Performance

Shares of NYSE DNB opened at $12.70 on Monday. 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 firm’s 50-day moving average price is $11.74 and its two-hundred day moving average price is $10.96. Dun & Bradstreet Holdings, Inc. has a 52-week low of $8.77 and a 52-week high of $12.94. The stock has a market capitalization of $5.61 billion, a P/E ratio of -158.75, a P/E/G ratio of 3.53 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings results 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. The business had revenue of $609.10 million for the quarter, compared to the consensus estimate of $605.64 million. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The business’s revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the business posted $0.23 EPS. As a group, sell-side analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.57%. Dun & Bradstreet’s dividend payout ratio is currently -250.00%.

Dun & Bradstreet Company 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.