Banque Cantonale Vaudoise Sells 300 Shares of Black Knight, Inc. (NYSE:BKI)

Banque Cantonale Vaudoise lowered its position in shares of Black Knight, Inc. (NYSE:BKI) by 13.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 2,000 shares of the company’s stock after selling 300 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Black Knight were worth $148,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Jackson Grant Investment Advisers Inc. bought a new position in shares of Black Knight during the 4th quarter worth approximately $27,000. Signaturefd LLC lifted its position in shares of Black Knight by 14.1% during the 4th quarter. Signaturefd LLC now owns 1,111 shares of the company’s stock worth $98,000 after buying an additional 137 shares in the last quarter. Capital Asset Advisory Services LLC bought a new position in shares of Black Knight during the 4th quarter worth approximately $106,000. Allred Capital Management LLC bought a new position in shares of Black Knight during the 1st quarter worth approximately $104,000. Finally, Stephenson National Bank & Trust raised its holdings in shares of Black Knight by 14.8% in the 1st quarter. Stephenson National Bank & Trust now owns 2,323 shares of the company’s stock worth $172,000 after purchasing an additional 300 shares during the period. 89.28% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts recently commented on the stock. Barclays lowered their price target on shares of Black Knight from $105.00 to $90.00 and set an “overweight” rating on the stock in a report on Monday, April 19th. TheStreet raised shares of Black Knight from a “c+” rating to a “b” rating in a report on Tuesday, May 25th. Susquehanna raised shares of Black Knight from a “neutral” rating to a “positive” rating and set a $100.00 price target on the stock in a report on Wednesday, February 17th. Raymond James assumed coverage on shares of Black Knight in a report on Tuesday, April 13th. They issued a “market perform” rating on the stock. Finally, Susquehanna Bancshares raised shares of Black Knight to a “positive” rating and set a $100.00 price target on the stock in a report on Wednesday, February 17th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $97.31.

Shares of BKI stock opened at $74.56 on Friday. The firm’s fifty day simple moving average is $73.35. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.39 and a quick ratio of 1.39. Black Knight, Inc. has a 1 year low of $68.33 and a 1 year high of $97.19. The company has a market cap of $11.68 billion, a PE ratio of 43.10, a price-to-earnings-growth ratio of 4.20 and a beta of 0.71.

Black Knight (NYSE:BKI) last issued its earnings results on Thursday, May 6th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.11. The business had revenue of $349.10 million for the quarter, compared to analysts’ expectations of $341.04 million. Black Knight had a net margin of 20.66% and a return on equity of 12.01%. The business’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.47 EPS. As a group, analysts forecast that Black Knight, Inc. will post 2 EPS for the current fiscal year.

In other news, CEO Anthony M. Jabbour purchased 13,900 shares of Black Knight stock in a transaction dated Wednesday, June 2nd. The stock was purchased at an average cost of $71.77 per share, for a total transaction of $997,603.00. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, President Joseph M. Nackashi sold 13,500 shares of the business’s stock in a transaction on Friday, May 7th. The shares were sold at an average price of $75.79, for a total transaction of $1,023,165.00. The disclosure for this sale can be found here. 4.00% of the stock is owned by insiders.

About Black Knight

Black Knight, Inc provides integrated software, data, and analytics solutions in North America and Internationally. The Software Solutions segment offers software and hosting solutions comprising MSP, a software as a service application platform for mortgage and home equity loans; Bankruptcy/Foreclosure solutions for managing and automating a range of various workflow processes involving distressed and non-performing loans; Invoicing, a Web-based solution that helps servicers to save time and eliminate errors; Servicing Digital, a white-labeled mobile solution; Loss Mitigation, an integrated solution that supports retention and liquidation workouts; Claims, an integrated solution which manages default-related claims process; and Empower, a loan origination system used by lenders to originate mortgages, home equity loans, and lines of credit.

Featured Article: Liquidity

Want to see what other hedge funds are holding BKI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Black Knight, Inc. (NYSE:BKI).

Institutional Ownership by Quarter for Black Knight (NYSE:BKI)

Receive News & Ratings for Black Knight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Knight and related companies with MarketBeat.com's FREE daily email newsletter.