Cibc World Markets Corp Sells 1,500 Shares of Black Knight, Inc. (NYSE:BKI)

Cibc World Markets Corp trimmed its holdings in Black Knight, Inc. (NYSE:BKI – Get Rating) by 7.5% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 18,500 shares of the company’s stock after selling 1,500 shares during the quarter. Cibc World Markets Corp’s holdings in Black Knight were worth $1,142,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Prudential PLC grew its stake in shares of Black Knight by 10.8% during the 3rd quarter. Prudential PLC now owns 3,736 shares of the company’s stock valued at $242,000 after purchasing an additional 364 shares during the period. BlackRock Inc. lifted its holdings in Black Knight by 6.9% in the 3rd quarter. BlackRock Inc. now owns 11,527,646 shares of the company’s stock worth $746,186,000 after purchasing an additional 740,142 shares in the last quarter. HST Ventures LLC lifted its holdings in Black Knight by 22.5% in the 4th quarter. HST Ventures LLC now owns 201,875 shares of the company’s stock worth $12,466,000 after purchasing an additional 37,125 shares in the last quarter. Murchinson Ltd. purchased a new position in Black Knight in the 3rd quarter worth approximately $647,000. Finally, Bank of Montreal Can lifted its holdings in Black Knight by 305.0% in the 3rd quarter. Bank of Montreal Can now owns 266,198 shares of the company’s stock worth $18,135,000 after purchasing an additional 200,478 shares in the last quarter. 87.73% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Black Knight Stock Performance

BKI stock opened at $55.62 on Friday. The firm has a market cap of $8.72 billion, a price-to-earnings ratio of 37.84, a PEG ratio of 6.39 and a beta of 0.49. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.87. Black Knight, Inc. has a twelve month low of $53.15 and a twelve month high of $72.74. The business’s fifty day simple moving average is $55.52 and its two-hundred day simple moving average is $58.80.

Black Knight (NYSE:BKI – Get Rating) last announced its quarterly earnings results on Tuesday, February 28th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.06). The firm had revenue of $383.50 million for the quarter, compared to analysts’ expectations 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 earnings per share for the current year.

Black Knight Profile

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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.