UBS Asset Management Americas Inc. purchased a new position in shares of Black Knight Inc (NYSE:BKI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 84,086 shares of the company’s stock, valued at approximately $3,712,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Benjamin F. Edwards & Company Inc. acquired a new stake in Black Knight during the fourth quarter worth $102,000. Duncker Streett & Co. Inc. acquired a new stake in Black Knight during the fourth quarter worth $111,000. Hirtle Callaghan & Co LLC acquired a new stake in Black Knight during the fourth quarter worth $115,000. First Bank & Trust acquired a new stake in Black Knight during the fourth quarter worth $130,000. Finally, JFS Wealth Advisors LLC acquired a new stake in Black Knight during the fourth quarter worth $131,000. Hedge funds and other institutional investors own 85.24% of the company’s stock.
A number of equities research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of Black Knight from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Barclays decreased their price target on shares of Black Knight from $54.00 to $53.00 and set an “overweight” rating on the stock in a research note on Thursday, February 8th. Wedbush reiterated a “neutral” rating and set a $50.00 price target on shares of Black Knight in a research note on Wednesday, January 31st. Oppenheimer upgraded shares of Black Knight from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 4th. Finally, Knight Equity upgraded shares of Black Knight from a “market perform” rating to a “buy” rating and lifted their price target for the stock from $42.00 to $52.00 in a research note on Tuesday, January 2nd. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $51.00.
Black Knight Inc (BKI) opened at $49.00 on Wednesday. The stock has a market capitalization of $7,364.17, a price-to-earnings ratio of 33.79, a price-to-earnings-growth ratio of 1.92 and a beta of 0.86. Black Knight Inc has a twelve month low of $41.10 and a twelve month high of $53.00. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.21 and a current ratio of 1.21.
Black Knight (NYSE:BKI) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.01. The company had revenue of $268.40 million during the quarter, compared to analysts’ expectations of $270.08 million. Black Knight had a return on equity of 11.32% and a net margin of 17.14%. equities research analysts anticipate that Black Knight Inc will post 1.71 EPS for the current year.
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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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