Hirtle Callaghan & Co LLC purchased a new position in shares of Black Knight Inc (NYSE:BKI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,606 shares of the company’s stock, valued at approximately $115,000.
Several other large investors have also recently added to or reduced their stakes in BKI. Benjamin F. Edwards & Company Inc. acquired a new position in shares of Black Knight during the 4th quarter worth $102,000. Wellington Shields Capital Management LLC acquired a new position in Black Knight in the 3rd quarter valued at about $202,000. Marshwinds Advisory Co. acquired a new position in Black Knight in the 4th quarter valued at about $243,000. 440 Investment Group LLC acquired a new position in Black Knight in the 4th quarter valued at about $249,000. Finally, Creative Planning acquired a new position in Black Knight in the 4th quarter valued at about $303,000. 27.08% of the stock is owned by institutional investors and hedge funds.
Shares of Black Knight Inc (NYSE:BKI) traded up $0.70 during mid-day trading on Wednesday, reaching $50.50. 879,900 shares of the company traded hands, compared to its average volume of 854,840. Black Knight Inc has a 12-month low of $34.00 and a 12-month high of $51.00. The firm has a market cap of $7,790.00 and a P/E ratio of 52.60. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.90.
Several research analysts recently weighed in on BKI shares. Goldman Sachs Group reissued a “neutral” rating and issued a $44.00 target price (up previously from $42.00) on shares of Black Knight in a research note on Wednesday, October 4th. Bank of America started coverage on shares of Black Knight in a research note on Thursday, October 5th. They issued a “buy” rating and a $47.00 target price for the company. JPMorgan Chase & Co. started coverage on shares of Black Knight in a research note on Friday, October 6th. They issued an “overweight” rating and a $49.00 target price for the company. Barclays boosted their target price on shares of Black Knight from $43.00 to $45.00 and gave the company an “overweight” rating in a research note on Thursday, November 2nd. Finally, Zacks Investment Research downgraded shares of Black Knight from a “buy” rating to a “hold” rating in a research note on Monday, November 6th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $49.00.
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Black Knight Profile
Black Knight, Inc provides integrated technology, workflow automation, and data and analytics to the mortgage and real estate industries. The Company’s segments include Technology, and Data and Analytics. The Company’s Technology segment offers software and hosting solutions that support loan servicing, loan origination and settlement services.
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