Advisory Research Inc. lessened its stake in shares of Cannae Holdings, Inc. (NYSE:CNNE – Get Rating) by 0.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,153 shares of the company’s stock after selling 820 shares during the quarter. Advisory Research Inc. owned 0.12% of Cannae worth $1,883,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Quadrant Capital Group LLC boosted its stake in shares of Cannae by 145.9% in the third quarter. Quadrant Capital Group LLC now owns 1,217 shares of the company’s stock valued at $25,000 after purchasing an additional 722 shares during the period. Group One Trading L.P. lifted its stake in Cannae by 127.3% in the third quarter. Group One Trading L.P. now owns 1,481 shares of the company’s stock worth $31,000 after acquiring an additional 6,900 shares during the last quarter. Signaturefd LLC lifted its stake in Cannae by 35.7% in the third quarter. Signaturefd LLC now owns 1,786 shares of the company’s stock worth $37,000 after acquiring an additional 470 shares during the last quarter. Point72 Hong Kong Ltd lifted its stake in Cannae by 66.4% in the first quarter. Point72 Hong Kong Ltd now owns 2,632 shares of the company’s stock worth $63,000 after acquiring an additional 1,050 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in Cannae by 57.8% in the third quarter. Tower Research Capital LLC TRC now owns 4,590 shares of the company’s stock worth $95,000 after acquiring an additional 1,681 shares during the last quarter. Hedge funds and other institutional investors own 86.29% of the company’s stock.
Cannae Stock Up 2.3 %
Shares of Cannae stock opened at $20.13 on Wednesday. Cannae Holdings, Inc. has a 52-week low of $17.11 and a 52-week high of $25.74. The company has a 50 day moving average of $22.92 and a 200 day moving average of $22.15. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $1.54 billion, a P/E ratio of -4.03 and a beta of 0.88.
Wall Street Analyst Weigh In
About Cannae
Cannae Holdings, Inc engages in the management and operation of a group of companies and investments. It operates through the following segments: Dun & Bradstreet, Optimal Blue, Restaurant Group, and Corporate and Other. The Dun & Bradstreet segment offers business decision data and analytics. The Optimal Blue segment is involved in secondary market solutions and actionable data services.
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