Alliancebernstein L.P. boosted its stake in Black Knight Financial Services Inc (NYSE:BKFS) by 9.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,013 shares of the technology company’s stock after buying an additional 1,650 shares during the period. Alliancebernstein L.P.’s holdings in Black Knight Financial Services were worth $779,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of BKFS. UBS Asset Management Americas Inc. purchased a new stake in Black Knight Financial Services in the first quarter worth about $585,000. Karp Capital Management Corp purchased a new stake in Black Knight Financial Services in the first quarter worth about $268,000. FMR LLC lifted its holdings in Black Knight Financial Services by 19.1% in the first quarter. FMR LLC now owns 364,100 shares of the technology company’s stock worth $13,945,000 after buying an additional 58,300 shares during the period. Teachers Advisors LLC lifted its holdings in Black Knight Financial Services by 11.2% in the first quarter. Teachers Advisors LLC now owns 32,987 shares of the technology company’s stock worth $1,263,000 after buying an additional 3,320 shares during the period. Finally, TIAA CREF Investment Management LLC lifted its holdings in Black Knight Financial Services by 19.9% in the first quarter. TIAA CREF Investment Management LLC now owns 79,803 shares of the technology company’s stock worth $3,056,000 after buying an additional 13,240 shares during the period. Institutional investors and hedge funds own 44.68% of the company’s stock.

Black Knight Financial Services Inc (NYSE:BKFS) opened at 43.05 on Wednesday. The company has a market cap of $2.88 billion, a P/E ratio of 75.93 and a beta of 0.74. The firm’s 50 day moving average is $43.81 and its 200-day moving average is $43.81. Black Knight Financial Services Inc has a 52 week low of $34.00 and a 52 week high of $45.25.

Several analysts have commented on the stock. BidaskClub upgraded shares of Black Knight Financial Services from a “hold” rating to a “buy” rating in a report on Friday, August 18th. Bank of America Corporation raised their price objective on shares of Black Knight Financial Services from $45.00 to $47.00 and gave the stock a “buy” rating in a report on Thursday, July 20th. Knight Equity restated a “hold” rating on shares of Black Knight Financial Services in a report on Wednesday, July 19th. William Blair assumed coverage on shares of Black Knight Financial Services in a report on Wednesday, September 13th. They issued an “outperform” rating for the company. Finally, Zacks Investment Research lowered shares of Black Knight Financial Services from a “hold” rating to a “strong sell” rating in a report on Monday, July 24th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Black Knight Financial Services currently has an average rating of “Buy” and a consensus target price of $46.50.

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In other news, CEO Thomas J. Sanzone sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $44.19, for a total value of $1,325,700.00. Following the completion of the sale, the chief executive officer now owns 871,990 shares of the company’s stock, valued at approximately $38,533,238.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 30.78% of the stock is currently owned by corporate insiders.

Black Knight Financial Services Company Profile

Black Knight Financial Services, Inc is a holding company. The Company, through its subsidiaries, provides integrated technology, workflow automation, and data and analytics to the mortgage and real estate industries. The Company’s segments include Technology, and Data and Analytics. The Company’s Technology segment offers software and hosting solutions that support loan servicing, loan origination and settlement services.

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Institutional Ownership by Quarter for Black Knight Financial Services (NYSE:BKFS)

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