Black Knight, Inc. (NYSE:BKI) Shares Purchased by Waratah Capital Advisors Ltd.

Waratah Capital Advisors Ltd. boosted its position in Black Knight, Inc. (NYSE:BKIGet Rating) by 272.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 123,253 shares of the company’s stock after purchasing an additional 90,137 shares during the period. Waratah Capital Advisors Ltd. owned approximately 0.08% of Black Knight worth $7,147,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in BKI. BlackRock Inc. lifted its position in shares of Black Knight by 12.4% during the 4th quarter. BlackRock Inc. now owns 12,673,477 shares of the company’s stock valued at $1,050,504,000 after acquiring an additional 1,400,532 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Black Knight by 27.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,216,435 shares of the company’s stock valued at $515,280,000 after acquiring an additional 1,345,783 shares during the last quarter. State Street Corp raised its stake in Black Knight by 0.4% during the 4th quarter. State Street Corp now owns 3,533,118 shares of the company’s stock valued at $292,860,000 after purchasing an additional 12,519 shares during the period. Atlanta Capital Management Co. L L C raised its stake in Black Knight by 10.4% during the 4th quarter. Atlanta Capital Management Co. L L C now owns 3,053,035 shares of the company’s stock valued at $253,066,000 after purchasing an additional 288,392 shares during the period. Finally, London Co. of Virginia raised its stake in Black Knight by 3.2% during the 4th quarter. London Co. of Virginia now owns 2,652,337 shares of the company’s stock valued at $219,852,000 after purchasing an additional 82,547 shares during the period. 97.33% of the stock is currently owned by institutional investors and hedge funds.

Black Knight Trading Down 1.8 %

Shares of NYSE BKI traded down $1.19 during midday trading on Friday, reaching $64.51. 591,637 shares of the stock were exchanged, compared to its average volume of 538,566. The business has a 50-day simple moving average of $65.38 and a two-hundred day simple moving average of $65.22. The company has a market capitalization of $10.06 billion, a price-to-earnings ratio of 19.31, a P/E/G ratio of 2.82 and a beta of 0.63. Black Knight, Inc. has a 12 month low of $52.00 and a 12 month high of $84.27. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.84 and a quick ratio of 0.84.

Black Knight (NYSE:BKIGet Rating) last posted its quarterly earnings data on Thursday, May 5th. The company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.54 by $0.02. Black Knight had a net margin of 33.57% and a return on equity of 15.77%. The business had revenue of $387.20 million for the quarter, compared to analysts’ expectations of $380.31 million. During the same period in the previous year, the firm posted $0.51 EPS. The firm’s revenue was up 10.7% compared to the same quarter last year. As a group, equities research analysts expect that Black Knight, Inc. will post 2.44 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Raymond James downgraded shares of Black Knight from an “outperform” rating to a “market perform” rating and set a $85.00 price target on the stock. in a research note on Thursday, May 5th. Keefe, Bruyette & Woods cut shares of Black Knight from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $83.00 to $80.00 in a research note on Monday, May 9th. Wedbush raised their price target on shares of Black Knight from $70.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, May 5th. Barclays cut their price target on shares of Black Knight from $80.00 to $74.00 and set an “overweight” rating for the company in a research note on Thursday, June 23rd. Finally, Oppenheimer dropped their price objective on shares of Black Knight from $92.00 to $80.00 in a report on Friday, April 8th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $79.17.

Black Knight Company Profile

(Get Rating)

Black Knight, Inc provides integrated software, data, and analytics solutions in North America and Internationally. The Software Solutions segment offers software and hosting solutions comprising MSP, a software as a service application platform for mortgage, home equity loans, and lines of credit; Servicing Digital, a web and mobile solution for consumers that provides easy access to customized timely information about their mortgages; Loss Mitigation, an integrated solution that supports retention and liquidation workouts; and Empower, a loan origination system used by lenders to originate mortgages, home equity loans, and HELOCs.

Featured Stories

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

Receive News & Ratings for Black Knight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Knight and related companies with MarketBeat.com's FREE daily email newsletter.