Azora Capital LP Has $91.77 Million Stock Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Azora Capital LP increased its stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 119.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,973,354 shares of the business services provider's stock after purchasing an additional 4,346,033 shares during the quarter. Dun & Bradstreet makes up approximately 5.0% of Azora Capital LP's portfolio, making the stock its 5th biggest holding. Azora Capital LP owned 1.81% of Dun & Bradstreet worth $91,773,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of DNB. Massachusetts Financial Services Co. MA raised its holdings in Dun & Bradstreet by 5.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 56,497,966 shares of the business services provider's stock valued at $650,292,000 after acquiring an additional 3,144,458 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of Dun & Bradstreet by 7.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 21,085,138 shares of the business services provider's stock valued at $242,690,000 after purchasing an additional 1,451,705 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Dun & Bradstreet by 14.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 14,665,247 shares of the business services provider's stock valued at $135,796,000 after purchasing an additional 1,809,638 shares in the last quarter. FMR LLC grew its position in shares of Dun & Bradstreet by 17.8% during the 3rd quarter. FMR LLC now owns 11,465,075 shares of the business services provider's stock valued at $131,963,000 after purchasing an additional 1,733,220 shares in the last quarter. Finally, Crescent Grove Advisors LLC grew its position in shares of Dun & Bradstreet by 2.2% during the 3rd quarter. Crescent Grove Advisors LLC now owns 6,176,103 shares of the business services provider's stock valued at $71,087,000 after purchasing an additional 130,888 shares in the last quarter. Institutional investors own 86.68% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. 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 report on Monday, August 5th. Barclays upped their target price on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an "equal weight" rating in a research report on Friday, September 13th. JPMorgan Chase & Co. upped their target price on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a "neutral" rating in a research report on Monday, August 5th. Needham & Company LLC reiterated a "buy" rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research report on Friday, November 1st. Finally, StockNews.com upgraded shares of Dun & Bradstreet from a "sell" rating to a "hold" rating in a research report on Wednesday, October 2nd. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Dun & Bradstreet has a consensus rating of "Moderate Buy" and a consensus target price of $13.83.

Dun & Bradstreet Trading Down 0.2 %

Shares of NYSE:DNB traded down $0.03 during midday trading on Monday, hitting $12.67. 2,502,043 shares of the stock traded hands, compared to its average volume of 3,345,808. The stock has a market capitalization of $5.59 billion, a PE ratio of -159.75, a P/E/G ratio of 3.53 and a beta of 1.15. The business's 50 day moving average is $11.74 and its two-hundred day moving average is $10.96. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08. Dun & Bradstreet Holdings, Inc. has a one year low of $8.77 and a one year high of $12.94.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. The firm had revenue of $609.10 million during the quarter, compared to the consensus estimate of $605.64 million. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The company's quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.23 earnings per share. As a group, research 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 disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.58%. The ex-dividend date is Thursday, December 5th. Dun & Bradstreet's dividend payout ratio (DPR) is -250.00%.

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.