Palogic Value Management L.P. Acquires New Holdings in Cannae Holdings, Inc. $CNNE

Posted by Brian Himes on Aug 27th, 2026

Palogic Value Management L.P. bought a new position in shares of Cannae Holdings, Inc. (NYSE:CNNE – Free Report) during the second quarter, Holdings Channel reports. The fund bought 96,189 shares of the company’s stock, valued at approximately $1,385,000.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in shares of Cannae by 147.0% in the second quarter. GAMMA Investing LLC now owns 2,008 shares of the company’s stock worth $29,000 after purchasing an additional 1,195 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Cannae during the second quarter worth about $30,000. Essential Partners LLC increased its stake in Cannae by 2,913.0% in the 1st quarter. Essential Partners LLC now owns 2,772 shares of the company’s stock worth $32,000 after acquiring an additional 2,680 shares during the last quarter. Allworth Financial LP bought a new position in Cannae in the 2nd quarter worth about $32,000. Finally, Parallel Advisors LLC purchased a new stake in shares of Cannae in the 1st quarter valued at about $50,000. 88.12% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CNNE has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Cannae in a research report on Monday, July 6th. Royal Bank Of Canada restated an “outperform” rating and issued a $16.00 price objective on shares of Cannae in a research report on Tuesday, August 11th. Finally, Wall Street Zen upgraded shares of Cannae from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $16.50.

Get Our Latest Research Report on Cannae

Cannae Stock Down 1.3%

Shares of NYSE:CNNE opened at $15.40 on Thursday. The firm has a market capitalization of $667.96 million, a PE ratio of -5.10 and a beta of 1.20. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.24 and a current ratio of 1.24. Cannae Holdings, Inc. has a 52-week low of $10.46 and a 52-week high of $19.88. The firm has a fifty day moving average of $14.72 and a 200 day moving average of $13.58.

Cannae (NYSE:CNNE – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.42) by $1.28. Cannae had a negative return on equity of 14.10% and a negative net margin of 38.18%.The business had revenue of $102.20 million for the quarter, compared to the consensus estimate of $99.65 million.

Cannae Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, September 16th. This represents a $0.60 annualized dividend and a dividend yield of 3.9%. Cannae’s dividend payout ratio is -19.87%.

Cannae Profile

(Free Report)

Cannae Holdings, Inc (NYSE: CNNE) is a publicly traded diversified holding company that focuses on partnering with and investing in businesses across a range of industry sectors. The company seeks to identify attractive opportunities in both private and public markets, leveraging its capital resources and management expertise to support operational growth and value creation. Cannae’s investment strategy emphasizes companies in data and analytics, marketing services, healthcare technology, and payment processing.

Through its portfolio, Cannae holds controlling or significant minority stakes in companies that provide critical software, data and services to corporate clients.