XTX Topco Ltd bought a new position in shares of Cannae Holdings, Inc. (NYSE:CNNE – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 28,592 shares of the company’s stock, valued at approximately $519,000.
Other hedge funds also recently bought and sold shares of the company. CWM LLC grew its stake in shares of Cannae by 1,616.0% in the second quarter. CWM LLC now owns 1,390 shares of the company’s stock valued at $25,000 after buying an additional 1,309 shares in the last quarter. EntryPoint Capital LLC grew its position in Cannae by 48.9% in the 1st quarter. EntryPoint Capital LLC now owns 1,629 shares of the company’s stock valued at $36,000 after acquiring an additional 535 shares in the last quarter. Innealta Capital LLC purchased a new stake in Cannae during the second quarter worth about $48,000. nVerses Capital LLC acquired a new stake in shares of Cannae during the second quarter worth about $71,000. Finally, TFO Wealth Partners LLC boosted its stake in shares of Cannae by 103,775.0% in the fourth quarter. TFO Wealth Partners LLC now owns 4,155 shares of the company’s stock valued at $78,000 after purchasing an additional 4,151 shares during the period. Hedge funds and other institutional investors own 88.12% of the company’s stock.
Cannae Price Performance
Shares of CNNE opened at $19.08 on Wednesday. The company has a market cap of $1.20 billion, a P/E ratio of -3.51 and a beta of 0.88. Cannae Holdings, Inc. has a fifty-two week low of $15.93 and a fifty-two week high of $22.99. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.04. The firm’s 50 day moving average price is $19.42 and its 200 day moving average price is $19.61.
Cannae Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.52%. The ex-dividend date is Monday, September 16th. Cannae’s payout ratio is presently -8.82%.
Cannae Company Profile
Cannae Holdings, Inc is a principal investment firm. The firm primarily invests in restaurants, technology enabled healthcare services, financial services and more. It takes both minority and majority stakes. Cannae Holdings, Inc was founded in 2014 and is based in Las Vegas, Nevada.
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