Capital Asset Advisory Services LLC acquired a new position in shares of Black Knight, Inc. (NYSE:BKI) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 1,204 shares of the company’s stock, valued at approximately $106,000.
A number of other large investors have also recently bought and sold shares of the business. Bainco International Investors acquired a new position in shares of Black Knight in the 4th quarter valued at $34,000. HM Payson & Co. acquired a new position in shares of Black Knight in the 3rd quarter valued at $38,000. International Assets Investment Management LLC acquired a new position in shares of Black Knight in the 4th quarter valued at $61,000. Federated Hermes Inc. acquired a new position in shares of Black Knight in the 3rd quarter valued at $83,000. Finally, Signaturefd LLC lifted its stake in shares of Black Knight by 14.1% in the 4th quarter. Signaturefd LLC now owns 1,111 shares of the company’s stock valued at $98,000 after purchasing an additional 137 shares during the period. 89.70% of the stock is currently owned by hedge funds and other institutional investors.
BKI stock opened at $74.30 on Thursday. The stock has a 50-day moving average price of $76.02 and a two-hundred day moving average price of $85.52. The stock has a market cap of $11.65 billion, a PE ratio of 49.21, a price-to-earnings-growth ratio of 4.60 and a beta of 0.79. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.86. Black Knight, Inc. has a 1 year low of $61.52 and a 1 year high of $97.19.
Black Knight (NYSE:BKI) last posted its quarterly earnings data on Monday, February 15th. The company reported $0.60 EPS for the quarter, topping the Zacks’ consensus estimate of $0.56 by $0.04. Black Knight had a net margin of 19.21% and a return on equity of 12.45%. The company had revenue of $342.20 million during the quarter, compared to the consensus estimate of $339.06 million. On average, analysts forecast that Black Knight, Inc. will post 1.84 earnings per share for the current fiscal year.
A number of research analysts have recently weighed in on the company. TheStreet downgraded Black Knight from a “b” rating to a “c+” rating in a research note on Wednesday, March 17th. Susquehanna Bancshares raised Black Knight to a “positive” rating and set a $100.00 price target on the stock in a research note on Wednesday, February 17th. Jefferies Financial Group assumed coverage on shares of Black Knight in a research report on Monday, December 14th. They issued a “buy” rating and a $110.00 price objective for the company. Susquehanna upgraded shares of Black Knight from a “neutral” rating to a “positive” rating and set a $100.00 price objective for the company in a research report on Wednesday, February 17th. Finally, Barclays upped their price objective on shares of Black Knight from $103.00 to $105.00 in a research report on Tuesday, January 5th. Three equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Black Knight has a consensus rating of “Buy” and a consensus target price of $97.24.
About Black Knight
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 and home equity loans; Bankruptcy/Foreclosure solutions for managing and automating a range of various workflow processes involving distressed and non-performing loans; Invoicing, a Web-based solution that helps servicers to save time and eliminate errors; Servicing Digital, a white-labeled mobile solution; Loss Mitigation, an integrated solution that supports retention and liquidation workouts; Claims, an integrated solution which manages default-related claims process; and Empower, a loan origination system used by lenders to originate mortgages, home equity loans, and lines of credit.
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