Black Knight Inc (BKI) Holdings Increased by Janus Henderson Group PLC

Janus Henderson Group PLC grew its holdings in Black Knight Inc (NYSE:BKI) by 0.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 718,320 shares of the company’s stock after purchasing an additional 1,878 shares during the period. Janus Henderson Group PLC owned about 0.48% of Black Knight worth $37,317,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in BKI. Janney Montgomery Scott LLC grew its stake in shares of Black Knight by 15.9% during the second quarter. Janney Montgomery Scott LLC now owns 21,747 shares of the company’s stock valued at $1,165,000 after purchasing an additional 2,988 shares during the last quarter. BNP Paribas Arbitrage SA boosted its stake in Black Knight by 952.0% in the second quarter. BNP Paribas Arbitrage SA now owns 5,565 shares of the company’s stock valued at $298,000 after acquiring an additional 5,036 shares during the last quarter. TD Asset Management Inc. boosted its stake in Black Knight by 4.2% in the second quarter. TD Asset Management Inc. now owns 200,000 shares of the company’s stock valued at $10,710,000 after acquiring an additional 8,000 shares during the last quarter. Commonwealth Equity Services LLC bought a new position in Black Knight in the second quarter valued at approximately $337,000. Finally, Wells Fargo & Company MN boosted its stake in Black Knight by 3.6% in the second quarter. Wells Fargo & Company MN now owns 2,532,088 shares of the company’s stock valued at $135,593,000 after acquiring an additional 88,299 shares during the last quarter. Institutional investors and hedge funds own 86.27% of the company’s stock.

BKI opened at $45.55 on Tuesday. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $6.77 billion, a price-to-earnings ratio of 34.51, a PEG ratio of 1.87 and a beta of 0.80. Black Knight Inc has a twelve month low of $42.30 and a twelve month high of $56.45.

Black Knight (NYSE:BKI) last posted its earnings results on Tuesday, October 30th. The company reported $0.48 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.03. The company had revenue of $282.30 million for the quarter, compared to analyst estimates of $282.42 million. Black Knight had a net margin of 24.90% and a return on equity of 13.86%. Black Knight’s revenue for the quarter was up 6.6% on a year-over-year basis. Research analysts predict that Black Knight Inc will post 1.6 earnings per share for the current year.

A number of equities analysts have issued reports on BKI shares. Zacks Investment Research cut shares of Black Knight from a “hold” rating to a “sell” rating in a research note on Monday, October 1st. Compass Point reduced their price objective on shares of Black Knight from $58.00 to $55.50 and set a “buy” rating on the stock in a research note on Wednesday, October 31st. Wedbush reduced their price objective on shares of Black Knight from $55.00 to $50.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 20th. Knight Equity started coverage on shares of Black Knight in a research note on Thursday, November 29th. They issued a “positive” rating and a $44.94 price objective on the stock. Finally, Susquehanna Bancshares started coverage on shares of Black Knight in a research note on Thursday, November 29th. They issued a “positive” rating and a $59.00 price objective on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $55.84.

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Black Knight Profile

Black Knight, Inc engages in the provision of software, data and analytics solutions. It operates through the Software Solutions, and Data and Analytics. The Software Solutions segment offers software and hosting solutions that support loan servicing, loan origination and settlement services. The Data and Analytics segment refers to the data and analytics solutions to the mortgage, real estate and capital markets verticals.

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

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