CNNE stock icon

Cannae Holdings
CNNE

$17.92
0.73%
 

About: Cannae Holdings Inc is a holding company that manages and operates a group of companies and investments. The company's reportable segments are Restaurant Group, Dun & Bradstreet, Alight, BKFE, Corporate and Other Affiliate Elimination. Majority of the company's revenue is generated from its Restaurant Group segment which represents the operations of O'Charley's and Ninety Nine Restaurants.

Employees: 7,741

0
Funds holding %
of 6,689 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

12% more capital invested

Capital invested by funds: $1.15B [Q4 2023] → $1.29B (+$144M) [Q1 2024]

6% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 67

3.06% less ownership

Funds ownership: 83.43% [Q4 2023] → 80.37% (-3.06%) [Q1 2024]

4% less funds holding

Funds holding: 219 [Q4 2023] → 210 (-9) [Q1 2024]

19% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 47

36% less funds holding in top 10

Funds holding in top 10: 11 [Q4 2023] → 7 (-4) [Q1 2024]

85% less call options, than puts

Call options by funds: $342K | Put options by funds: $2.24M

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$25
40%
upside
Avg. target
$26
45%
upside
High target
$27
51%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Oppenheimer
Ian Zaffino
51%upside
$27
Outperform
Maintained
6 Mar 2024
Oppenheimer
Ian Zaffino
40%upside
$25
Outperform
Maintained
22 Feb 2024

Financial journalist opinion