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

Azora Capital LP raised its holdings in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 15.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,213,826 shares of the business services provider's stock after purchasing an additional 1,240,472 shares during the period. Dun & Bradstreet accounts for 5.2% of Azora Capital LP's portfolio, making the stock its 5th largest position. Azora Capital LP owned approximately 2.09% of Dun & Bradstreet worth $114,804,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Amundi increased its stake in Dun & Bradstreet by 27.9% during the 4th quarter. Amundi now owns 5,158 shares of the business services provider's stock valued at $64,000 after purchasing an additional 1,126 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of Dun & Bradstreet during the fourth quarter valued at approximately $127,000. New World Advisors LLC bought a new stake in shares of Dun & Bradstreet during the fourth quarter valued at approximately $143,000. KBC Group NV raised its holdings in Dun & Bradstreet by 30.2% in the 4th quarter. KBC Group NV now owns 12,861 shares of the business services provider's stock worth $160,000 after acquiring an additional 2,983 shares during the last quarter. Finally, Xponance Inc. lifted its position in Dun & Bradstreet by 16.5% in the 4th quarter. Xponance Inc. now owns 13,252 shares of the business services provider's stock valued at $165,000 after acquiring an additional 1,881 shares in the last quarter. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on DNB shares. Royal Bank of Canada reissued a "sector perform" rating and issued a $12.00 target price on shares of Dun & Bradstreet in a report on Wednesday, January 29th. Needham & Company LLC reiterated a "hold" rating on shares of Dun & Bradstreet in a report on Friday, May 2nd. StockNews.com initiated coverage on shares of Dun & Bradstreet in a research note on Monday. They set a "hold" rating on the stock. Jefferies Financial Group reiterated a "hold" rating and issued a $9.15 price target (down from $11.00) on shares of Dun & Bradstreet in a research note on Tuesday, March 25th. Finally, The Goldman Sachs Group lowered their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a "neutral" rating on the stock in a research report on Friday, February 21st. Seven analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $11.86.

Insiders Place Their Bets

In related news, Chairman William P. Foley II sold 2,500,000 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $8.96, for a total transaction of $22,400,000.00. Following the completion of the transaction, the chairman now directly owns 5,609,644 shares in the company, valued at approximately $50,262,410.24. The trade was a 30.83 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 10.44% of the company's stock.

Dun & Bradstreet Stock Performance

Shares of NYSE DNB traded down $0.02 during midday trading on Wednesday, hitting $8.95. 5,640,396 shares of the company's stock traded hands, compared to its average volume of 5,828,740. The firm has a fifty day moving average of $8.73 and a 200 day moving average of $10.67. Dun & Bradstreet Holdings, Inc. has a 1 year low of $7.78 and a 1 year high of $12.95. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of -149.14, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last announced its earnings results on Thursday, May 1st. The business services provider reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.01. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. The business had revenue of $579.80 million during the quarter, compared to analysts' expectations of $578.02 million. During the same period in the prior year, the company earned $0.20 earnings per share. The firm's revenue was up 2.7% on a year-over-year basis. On average, analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date was Thursday, March 6th. Dun & Bradstreet's payout ratio is -400.00%.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.