192,332 Shares in Black Knight, Inc. (NYSE:BKI) Acquired by First Trust Advisors LP

First Trust Advisors LP purchased a new position in Black Knight, Inc. (NYSE:BKI – Get Rating) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 192,332 shares of the company’s stock, valued at approximately $11,876,000. First Trust Advisors LP owned 0.12% of Black Knight at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

BKI has been the topic of a number of recent research reports. Barclays reduced their target price on Black Knight from $65.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 2nd. Keefe, Bruyette & Woods reduced their target price on Black Knight from $69.00 to $66.00 and set a “market perform” rating on the stock in a research note on Wednesday, March 1st.

Black Knight Trading Down 2.1 %

Shares of Black Knight stock opened at $54.52 on Wednesday. Black Knight, Inc. has a fifty-two week low of $53.15 and a fifty-two week high of $71.32. The firm has a market cap of $8.55 billion, a PE ratio of 37.09, a P/E/G ratio of 6.37 and a beta of 0.49. The business’s fifty day moving average is $55.49 and its two-hundred day moving average is $58.78. 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 (NYSE:BKI – Get Rating) last issued its quarterly earnings results on Tuesday, February 28th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.06). Black Knight had a return on equity of 11.95% and a net margin of 14.85%. The business had revenue of $383.50 million for the quarter, compared to analysts’ expectations of $389.65 million. Analysts anticipate that Black Knight, Inc. will post 1.84 earnings per share for the current year.

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.