Global X Management Co. LLC increased its position in Black Knight Financial Services, Inc. (NYSE:BKFS) by 399.5% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 8,602 shares of the technology company’s stock after buying an additional 6,880 shares during the period. Global X Management Co. LLC’s holdings in Black Knight Financial Services were worth $352,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Victory Capital Management Inc. boosted its position in shares of Black Knight Financial Services by 10.1% in the first quarter. Victory Capital Management Inc. now owns 3,892,207 shares of the technology company’s stock worth $149,072,000 after buying an additional 358,044 shares during the period. Vanguard Group Inc. boosted its position in shares of Black Knight Financial Services by 2.9% in the first quarter. Vanguard Group Inc. now owns 1,869,170 shares of the technology company’s stock worth $71,588,000 after buying an additional 52,750 shares during the period. Earnest Partners LLC boosted its position in shares of Black Knight Financial Services by 3.2% in the first quarter. Earnest Partners LLC now owns 755,444 shares of the technology company’s stock worth $28,934,000 after buying an additional 23,159 shares during the period. Columbia Wanger Asset Management LLC bought a new position in shares of Black Knight Financial Services during the first quarter worth about $25,557,000. Finally, Bank of America Corp DE boosted its position in shares of Black Knight Financial Services by 5.5% in the first quarter. Bank of America Corp DE now owns 666,192 shares of the technology company’s stock worth $25,514,000 after buying an additional 34,688 shares during the period. Hedge funds and other institutional investors own 95.16% of the company’s stock.

Black Knight Financial Services, Inc. (NYSE BKFS) opened at 41.65 on Friday. The company has a market cap of $2.79 billion, a PE ratio of 73.46 and a beta of 0.75. Black Knight Financial Services, Inc. has a 12-month low of $34.00 and a 12-month high of $43.70. The stock’s 50 day moving average price is $41.83 and its 200 day moving average price is $39.66.

Black Knight Financial Services (NYSE:BKFS) last issued its quarterly earnings results on Wednesday, July 19th. The technology company reported $0.33 earnings per share for the quarter, meeting the consensus estimate of $0.33. The company had revenue of $263.40 million during the quarter, compared to analysts’ expectations of $265.24 million. Black Knight Financial Services had a return on equity of 8.29% and a net margin of 3.96%. The business’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.29 earnings per share. Equities research analysts anticipate that Black Knight Financial Services, Inc. will post $1.37 EPS for the current year.

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BKFS has been the topic of a number of recent analyst reports. Zacks Investment Research cut Black Knight Financial Services from a “buy” rating to a “hold” rating in a report on Monday, June 5th. TheStreet upgraded Black Knight Financial Services from a “c” rating to a “b-” rating in a report on Friday, May 19th. Bank of America Corporation raised their target price on Black Knight Financial Services from $45.00 to $47.00 and gave the stock a “buy” rating in a report on Thursday, July 20th. Knight Equity restated a “hold” rating on shares of Black Knight Financial Services in a report on Wednesday, July 19th. Finally, BidaskClub cut Black Knight Financial Services from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $46.00.

In other news, CEO Thomas J. Sanzone sold 30,000 shares of the stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $41.75, for a total value of $1,252,500.00. Following the completion of the sale, the chief executive officer now owns 871,990 shares of the company’s stock, valued at $36,405,582.50. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 30.91% of the company’s stock.

About Black Knight Financial Services

Black Knight Financial Services, Inc is a holding company. The Company, through its subsidiaries, 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.

Institutional Ownership by Quarter for Black Knight Financial Services (NYSE:BKFS)

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