Sei Investments Co. grew its position in Black Knight Financial Services, Inc. (NYSE:BKFS) by 17,220.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,598 shares of the technology company’s stock after acquiring an additional 2,583 shares during the quarter. Sei Investments Co.’s holdings in Black Knight Financial Services were worth $107,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in BKFS. Pacer Advisors Inc. raised its stake in shares of Black Knight Financial Services by 53.0% in the first quarter. Pacer Advisors Inc. now owns 3,332 shares of the technology company’s stock valued at $128,000 after acquiring an additional 1,154 shares during the period. CIBC Asset Management Inc purchased a new stake in shares of Black Knight Financial Services in the second quarter valued at $200,000. First Quadrant L P CA raised its stake in shares of Black Knight Financial Services by 117.5% in the second quarter. First Quadrant L P CA now owns 4,997 shares of the technology company’s stock valued at $205,000 after acquiring an additional 2,700 shares during the period. Menta Capital LLC purchased a new stake in shares of Black Knight Financial Services in the first quarter valued at $237,000. Finally, Karp Capital Management Corp purchased a new stake in shares of Black Knight Financial Services in the first quarter valued at $268,000. 99.88% of the stock is currently owned by institutional investors and hedge funds.

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Several equities research analysts have recently weighed in on the stock. BidaskClub raised shares of Black Knight Financial Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 1st. Zacks Investment Research raised shares of Black Knight Financial Services from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research note on Thursday, May 18th. Wells Fargo & Company restated an “outperform” rating and issued a $47.00 price target (up from $43.50) on shares of Black Knight Financial Services in a report on Friday, July 21st. Sidoti restated an “overweight” rating and issued a $48.00 price target (up from $45.00) on shares of Black Knight Financial Services in a report on Friday, July 21st. Finally, William Blair initiated coverage on shares of Black Knight Financial Services in a report on Wednesday. They issued an “outperform” rating on the stock. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $46.00.

Black Knight Financial Services, Inc. (BKFS) opened at 44.05 on Thursday. The stock has a 50 day moving average of $43.10 and a 200-day moving average of $39.65. The company has a market capitalization of $2.95 billion, a PE ratio of 77.69 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 $44.40.

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

In related news, CEO Thomas J. Sanzone sold 30,000 shares of the business’s stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $41.75, for a total value of $1,252,500.00. Following the sale, the chief executive officer now directly owns 871,990 shares in the company, valued at approximately $36,405,582.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 30.91% of the stock is currently owned by insiders.

Black Knight Financial Services Profile

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.

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

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