BB&T Securities LLC raised its position in shares of Black Knight Inc (NYSE:BKI) by 2.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,401 shares of the company’s stock after buying an additional 420 shares during the quarter. BB&T Securities LLC’s holdings in Black Knight were worth $935,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BKI. Signaturefd LLC grew its holdings in Black Knight by 78.5% during the 3rd quarter. Signaturefd LLC now owns 407 shares of the company’s stock valued at $25,000 after buying an additional 179 shares in the last quarter. Covington Capital Management purchased a new position in Black Knight during the 2nd quarter valued at approximately $30,000. Motco grew its holdings in Black Knight by 243.6% during the 2nd quarter. Motco now owns 694 shares of the company’s stock valued at $42,000 after buying an additional 492 shares in the last quarter. Steward Partners Investment Advisory LLC purchased a new position in Black Knight during the 2nd quarter valued at approximately $55,000. Finally, Riverhead Capital Management LLC purchased a new position in Black Knight during the 2nd quarter valued at approximately $56,000. Institutional investors and hedge funds own 88.17% of the company’s stock.

BKI has been the subject of several research analyst reports. Piper Jaffray Companies set a $69.00 price target on Black Knight and gave the company a “buy” rating in a report on Wednesday, August 7th. ValuEngine cut Black Knight from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. JPMorgan Chase & Co. cut their price target on Black Knight from $69.00 to $64.00 and set an “overweight” rating for the company in a report on Thursday. SunTrust Banks set a $66.00 price target on Black Knight and gave the company a “buy” rating in a report on Wednesday, August 7th. Finally, Keefe, Bruyette & Woods set a $67.00 price target on Black Knight and gave the company a “buy” rating in a report on Wednesday, August 7th. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $63.46.

Shares of Black Knight stock opened at $56.66 on Friday. The stock has a market cap of $8.49 billion, a price-to-earnings ratio of 34.76, a price-to-earnings-growth ratio of 2.50 and a beta of 0.69. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a 50 day moving average price of $61.56 and a 200-day moving average price of $60.40. Black Knight Inc has a one year low of $42.30 and a one year high of $64.80.

Black Knight (NYSE:BKI) last announced its earnings results on Wednesday, November 6th. The company reported $0.51 EPS for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.02. The firm had revenue of $299.10 million during the quarter, compared to analysts’ expectations of $299.16 million. Black Knight had a return on equity of 13.51% and a net margin of 13.71%. The company’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.48 EPS. Sell-side analysts predict that Black Knight Inc will post 1.66 earnings per share for the current fiscal year.

Black Knight Company Profile

Black Knight, Inc provides integrated software, data, and analytics solutions to the mortgage and consumer loan, real estate, and capital market verticals in the United States. Its Software Solutions segment offers software and hosting solutions comprises MSP, a software as a service application platform for mortgage and home equity loans that automates various areas of loan servicing; Bankruptcy / Foreclosure solutions for managing and automating a range of different workflow processes involving distressed and non-performing loans; Invoicing, a Web-based solution that helps servicers to save time and eliminate errors by automating billing and invoice process; and Empower, a loan origination system used by lenders to originate mortgages, home equity loans, and lines of credit.

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

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