Caldera Capital LLC Has $1.19 Million Holdings in Black Knight Financial Services, Inc. (BKFS)

Caldera Capital LLC raised its stake in Black Knight Financial Services, Inc. (NYSE:BKFS) by 88.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,951 shares of the technology company’s stock after purchasing an additional 13,556 shares during the period. Black Knight Financial Services comprises 1.1% of Caldera Capital LLC’s investment portfolio, making the stock its 17th biggest position. Caldera Capital LLC’s holdings in Black Knight Financial Services were worth $1,185,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Westfield Capital Management Co. LP purchased a new position in shares of Black Knight Financial Services in the 2nd quarter valued at about $4,430,000. Elk Creek Partners LLC increased its holdings in shares of Black Knight Financial Services by 2.9% in the 2nd quarter. Elk Creek Partners LLC now owns 96,876 shares of the technology company’s stock valued at $3,967,000 after acquiring an additional 2,771 shares during the last quarter. Amalgamated Bank purchased a new position in shares of Black Knight Financial Services in the 2nd quarter valued at about $205,000. Nationwide Fund Advisors purchased a new position in shares of Black Knight Financial Services in the 2nd quarter valued at about $5,242,000. Finally, TIAA CREF Investment Management LLC increased its holdings in shares of Black Knight Financial Services by 20.5% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 96,174 shares of the technology company’s stock valued at $3,938,000 after acquiring an additional 16,371 shares during the last quarter. 99.88% of the stock is currently owned by institutional investors.

In related news, CEO Thomas J. Sanzone sold 30,000 shares of the business’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $41.75, for a total value of $1,252,500.00. Following the transaction, the chief executive officer now owns 871,990 shares in the company, valued at $36,405,582.50. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 30.91% of the company’s stock.

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A number of research analysts have recently commented on BKFS shares. Zacks Investment Research downgraded Black Knight Financial Services from a “buy” rating to a “hold” rating in a report on Tuesday, May 30th. Sidoti reiterated an “overweight” rating and issued a $48.00 price objective (up previously from $45.00) on shares of Black Knight Financial Services in a report on Friday, July 21st. BidaskClub downgraded Black Knight Financial Services from a “buy” rating to a “hold” rating in a report on Wednesday, August 30th. Finally, Wells Fargo & Company reiterated an “outperform” rating and issued a $47.00 price objective (up previously from $43.50) on shares of Black Knight Financial Services in a report on Friday, July 21st. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $46.00.

Black Knight Financial Services, Inc. (BKFS) traded down 1.34% on Friday, hitting $44.15. The stock had a trading volume of 310,529 shares. The firm has a market cap of $2.96 billion, a PE ratio of 77.87 and a beta of 0.75. The company’s 50 day moving average is $43.83 and its 200 day moving average is $41.37. Black Knight Financial Services, Inc. has a 12-month low of $34.00 and a 12-month high of $45.25.

Black Knight Financial Services (NYSE:BKFS) last released its quarterly earnings results on Wednesday, July 19th. The technology company reported $0.33 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.33. Black Knight Financial Services had a return on equity of 8.29% and a net margin of 3.96%. The business had revenue of $263.40 million for the quarter, compared to analysts’ expectations of $265.24 million. During the same quarter in the previous year, the firm posted $0.29 earnings per share. The company’s revenue was up 2.3% compared to the same quarter last year. On average, equities research analysts expect that Black Knight Financial Services, Inc. will post $1.38 EPS for the current fiscal year.

About Black Knight Financial Services

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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