Amalgamated Bank acquired a new stake in Black Knight Inc (NYSE:BKI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 21,738 shares of the company’s stock, valued at approximately $960,000.

A number of other hedge funds have also recently made changes to their positions in the business. Victory Capital Management Inc. purchased a new position in Black Knight in the 4th quarter valued at $303,601,000. BlackRock Inc. purchased a new position in Black Knight in the 4th quarter valued at $195,204,000. Confluence Investment Management LLC lifted its holdings in Black Knight by 142.7% in the 4th quarter. Confluence Investment Management LLC now owns 2,053,282 shares of the company’s stock valued at $90,652,000 after purchasing an additional 1,207,427 shares in the last quarter. Wells Fargo & Company MN purchased a new position in Black Knight in the 4th quarter valued at $83,681,000. Finally, Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Black Knight in the 4th quarter valued at $75,870,000. Institutional investors own 85.24% of the company’s stock.

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Shares of Black Knight Inc (BKI) opened at $48.95 on Thursday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $7,364.17, a PE ratio of 33.76, a P/E/G ratio of 1.92 and a beta of 0.86. Black Knight Inc has a 52-week low of $37.20 and a 52-week high of $53.00.

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, topping analysts’ consensus estimates of $0.34 by $0.01. The firm had revenue of $268.40 million during the quarter, compared to the consensus estimate of $270.08 million. Black Knight had a return on equity of 11.32% and a net margin of 17.14%. analysts predict that Black Knight Inc will post 1.71 earnings per share for the current fiscal year.

A number of analysts have issued reports on the company. Wedbush reaffirmed a “neutral” rating and issued a $50.00 target price on shares of Black Knight in a research note on Wednesday, January 31st. Zacks Investment Research downgraded Black Knight from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. ValuEngine raised Black Knight from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Barclays cut their target price on Black Knight from $54.00 to $53.00 and set an “overweight” rating for the company in a research note on Thursday, February 8th. Finally, Bank of America cut their target price on Black Knight from $57.00 to $54.00 and set a “buy” rating for the company in a research note on Thursday, February 8th. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $51.00.

In related news, Director H. Lee Equity Fund Vi Thomas sold 6,000,000 shares of the firm’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $46.41, for a total transaction of $278,460,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 30.78% of the stock is currently owned by company insiders.

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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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Institutional Ownership by Quarter for Black Knight (NYSE:BKI)

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