5,728 Shares in Black Knight Financial Services, Inc. (BKFS) Acquired by State of Wisconsin Investment Board

State of Wisconsin Investment Board bought a new position in shares of Black Knight Financial Services, Inc. (NYSE:BKFS) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 5,728 shares of the technology company’s stock, valued at approximately $235,000.

Other hedge funds also recently made changes to their positions in the company. Sei Investments Co. raised its holdings in Black Knight Financial Services by 17,220.0% during the 2nd quarter. Sei Investments Co. now owns 2,598 shares of the technology company’s stock worth $107,000 after buying an additional 2,583 shares during the period. First Bank & Trust raised its holdings in Black Knight Financial Services by 9.5% during the 2nd quarter. First Bank & Trust now owns 2,986 shares of the technology company’s stock worth $122,000 after buying an additional 260 shares during the period. Pacer Advisors Inc. raised its holdings in Black Knight Financial Services by 53.0% during the 1st quarter. Pacer Advisors Inc. now owns 3,332 shares of the technology company’s stock worth $128,000 after buying an additional 1,154 shares during the period. CIBC Asset Management Inc acquired a new stake in Black Knight Financial Services during the 2nd quarter worth approximately $200,000. Finally, First Quadrant L P CA raised its holdings in Black Knight Financial Services by 117.5% during the 2nd quarter. First Quadrant L P CA now owns 4,997 shares of the technology company’s stock worth $205,000 after buying an additional 2,700 shares during the period. Hedge funds and other institutional investors own 99.88% of the company’s stock.

In other news, CEO Thomas J. Sanzone sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $41.75, for a total transaction of $1,252,500.00. Following the transaction, the chief executive officer now directly owns 871,990 shares of the company’s stock, valued at $36,405,582.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 30.91% of the stock is owned by corporate insiders.

Several analysts have commented on BKFS shares. TheStreet upgraded shares of Black Knight Financial Services from a “c” rating to a “b-” rating in a report on Friday, May 19th. Zacks Investment Research downgraded shares of Black Knight Financial Services from a “buy” rating to a “hold” rating in a report on Tuesday, May 30th. BidaskClub upgraded shares of Black Knight Financial Services from a “hold” rating to a “buy” rating in a report on Saturday, June 24th. Knight Equity restated a “hold” rating on shares of Black Knight Financial Services in a report on Wednesday, July 19th. Finally, Bank of America Corporation raised their target price on shares of Black Knight Financial Services from $45.00 to $47.00 and gave the stock a “buy” rating in a report on Thursday, July 20th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $46.00.

Shares of Black Knight Financial Services, Inc. (NYSE:BKFS) opened at 44.15 on Friday. Black Knight Financial Services, Inc. has a 12-month low of $34.00 and a 12-month high of $45.25. The stock has a 50 day moving average of $43.83 and a 200-day moving average of $41.37. The firm has a market capitalization of $2.96 billion, a P/E ratio of 77.87 and a beta of 0.75.

Black Knight Financial Services (NYSE:BKFS) last issued its earnings results on Wednesday, July 19th. The technology company reported $0.33 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.33. Black Knight Financial Services had a return on equity of 8.29% and a net margin of 3.96%. The company had revenue of $263.40 million for the quarter, compared to analyst estimates of $265.24 million. During the same period in the prior year, the firm earned $0.29 earnings per share. Black Knight Financial Services’s revenue for the quarter was up 2.3% on a year-over-year basis. On average, equities research analysts predict that Black Knight Financial Services, Inc. will post $1.38 EPS for the current fiscal year.

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Black Knight Financial Services Company 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.

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

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