LPL Financial LLC Has $3.06 Million Stock Position in Black Knight, Inc. (NYSE:BKI)

LPL Financial LLC grew its holdings in shares of Black Knight, Inc. (NYSE:BKI – Get Rating) by 4.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 49,610 shares of the company’s stock after acquiring an additional 2,223 shares during the period. LPL Financial LLC’s holdings in Black Knight were worth $3,063,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of BKI. Sompo Asset Management Co. Ltd. boosted its stake in shares of Black Knight by 1.6% in the 4th quarter. Sompo Asset Management Co. Ltd. now owns 11,030 shares of the company’s stock valued at $681,000 after purchasing an additional 170 shares during the last quarter. American Century Companies Inc. boosted its position in Black Knight by 7.6% during the first quarter. American Century Companies Inc. now owns 3,969 shares of the company’s stock valued at $230,000 after acquiring an additional 282 shares during the last quarter. Procyon Advisors LLC boosted its position in Black Knight by 8.5% during the fourth quarter. Procyon Advisors LLC now owns 3,862 shares of the company’s stock valued at $238,000 after acquiring an additional 304 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in Black Knight by 5.8% during the 4th quarter. Kestra Advisory Services LLC now owns 5,513 shares of the company’s stock worth $340,000 after acquiring an additional 304 shares during the period. Finally, DekaBank Deutsche Girozentrale raised its position in shares of Black Knight by 2.1% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 14,860 shares of the company’s stock worth $960,000 after acquiring an additional 305 shares in the last quarter. Institutional investors and hedge funds own 87.73% of the company’s stock.

Black Knight Trading Down 0.3 %

BKI opened at $55.62 on Friday. The company has a fifty day moving average price of $55.52 and a two-hundred day moving average price of $58.82. Black Knight, Inc. has a 1-year low of $53.15 and a 1-year high of $72.74. The company has a market cap of $8.72 billion, a P/E ratio of 37.84, a price-to-earnings-growth ratio of 6.32 and a beta of 0.49. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.87.

Black Knight (NYSE:BKI – Get Rating) last issued its earnings results on Tuesday, February 28th. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.06). The firm had revenue of $383.50 million during the quarter, compared to the consensus estimate of $389.65 million. Black Knight had a net margin of 14.85% and a return on equity of 11.95%. Analysts predict that Black Knight, Inc. will post 1.84 EPS for the current fiscal year.

Analyst Ratings Changes

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

About Black Knight

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Black Knight, Inc engages in the provision of software 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. The Data and Analytics segment caters to the mortgage, real estate, and capital markets verticals.