UBS Asset Management Americas Inc. Has $59.88 Million Stake in Black Knight, Inc. (NYSE:BKI)

UBS Asset Management Americas Inc. boosted its position in shares of Black Knight, Inc. (NYSE:BKI – Get Rating) by 13.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 925,111 shares of the company’s stock after acquiring an additional 112,102 shares during the quarter. UBS Asset Management Americas Inc. owned 0.59% of Black Knight worth $59,882,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA raised its position in shares of Black Knight by 11.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 11,579,380 shares of the company’s stock valued at $749,533,000 after purchasing an additional 1,191,230 shares during the period. TIG Advisors LLC bought a new position in shares of Black Knight in the second quarter valued at about $56,596,000. Price T Rowe Associates Inc. MD raised its position in shares of Black Knight by 4.0% in the second quarter. Price T Rowe Associates Inc. MD now owns 20,997,723 shares of the company’s stock valued at $1,373,041,000 after purchasing an additional 813,745 shares during the period. BlackRock Inc. raised its position in shares of Black Knight by 6.9% in the third quarter. BlackRock Inc. now owns 11,527,646 shares of the company’s stock valued at $746,186,000 after purchasing an additional 740,142 shares during the period. Finally, Sand Grove Capital Management LLP raised its position in shares of Black Knight by 72.4% in the third quarter. Sand Grove Capital Management LLP now owns 1,437,845 shares of the company’s stock valued at $93,072,000 after purchasing an additional 603,602 shares during the period. 87.73% of the stock is owned by institutional investors.

Black Knight Trading Down 4.9 %

Shares of Black Knight stock opened at $56.52 on Monday. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.02. Black Knight, Inc. has a 12-month low of $53.85 and a 12-month high of $79.78. The company has a market capitalization of $8.81 billion, a price-to-earnings ratio of 19.42, a PEG ratio of 4.87 and a beta of 0.50. The firm’s 50-day moving average price is $61.21 and its two-hundred day moving average price is $62.07.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on BKI shares. Keefe, Bruyette & Woods lowered their price target on shares of Black Knight from $69.00 to $66.00 and set a “market perform” rating on the stock in a research report on Wednesday, March 1st. Barclays lowered their price target on shares of Black Knight from $65.00 to $60.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 2nd.

Black Knight Company Profile

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Black Knight, Inc engages in the provision of integrated software, data and analytics solutions. It operates through the Software Solutions, and Data and Analytics segments. The Software Solutions segment offers software and hosting solutions that support loan servicing, loan origination, and settlement services.