First Trust Advisors LP Has $5.13 Million Holdings in Black Knight, Inc. (BKFS)

First Trust Advisors LP lowered its position in Black Knight, Inc. (NYSE:BKFS) by 3.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 119,082 shares of the technology company’s stock after selling 4,401 shares during the quarter. First Trust Advisors LP owned about 0.18% of Black Knight worth $5,126,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in BKFS. UBS Asset Management Americas Inc. bought a new position in shares of Black Knight in the first quarter valued at approximately $585,000. FMR LLC boosted its holdings in shares of Black Knight by 19.1% in the first quarter. FMR LLC now owns 364,100 shares of the technology company’s stock valued at $13,945,000 after acquiring an additional 58,300 shares in the last quarter. Teachers Advisors LLC boosted its holdings in shares of Black Knight by 11.2% in the first quarter. Teachers Advisors LLC now owns 32,987 shares of the technology company’s stock valued at $1,263,000 after acquiring an additional 3,320 shares in the last quarter. TIAA CREF Investment Management LLC boosted its holdings in shares of Black Knight by 19.9% in the first quarter. TIAA CREF Investment Management LLC now owns 79,803 shares of the technology company’s stock valued at $3,056,000 after acquiring an additional 13,240 shares in the last quarter. Finally, Legal & General Group Plc boosted its holdings in shares of Black Knight by 182.5% in the first quarter. Legal & General Group Plc now owns 7,832 shares of the technology company’s stock valued at $300,000 after acquiring an additional 5,060 shares in the last quarter. Institutional investors own 44.68% of the company’s stock.

Shares of Black Knight, Inc. (NYSE:BKFS) opened at $43.05 on Friday. Black Knight, Inc. has a 1-year low of $34.00 and a 1-year high of $45.25. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.78 and a quick ratio of 1.78.

BKFS has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Black Knight from a “sell” rating to a “hold” rating in a report on Monday, October 2nd. Sidoti reiterated an “overweight” rating and issued a $48.00 price objective (up from $45.00) on shares of Black Knight in a report on Friday, July 21st. BidaskClub cut shares of Black Knight from a “buy” rating to a “hold” rating in a report on Wednesday, August 30th. Wells Fargo & Company reiterated an “outperform” rating and issued a $47.00 price objective (up from $43.50) on shares of Black Knight in a report on Friday, July 21st. Finally, William Blair initiated coverage on shares of Black Knight in a report on Wednesday, September 13th. They issued an “outperform” rating for the company. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $46.50.

In related news, CEO Thomas J. Sanzone sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $44.19, for a total transaction of $1,325,700.00. Following the completion of the sale, the chief executive officer now directly owns 871,990 shares in the company, valued at $38,533,238.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 30.78% of the company’s stock.

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Black Knight Profile

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.

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

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