Tudor Investment Corp ET AL lowered its stake in shares of Black Knight Financial Services, Inc. (NYSE:BKFS) by 8.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,716 shares of the technology company’s stock after selling 1,559 shares during the period. Tudor Investment Corp ET AL’s holdings in Black Knight Financial Services were worth $725,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BKFS. Citigroup Inc. acquired a new position in Black Knight Financial Services during the second quarter worth $103,000. Sei Investments Co. boosted its stake in Black Knight Financial Services by 17,220.0% during the second quarter. Sei Investments Co. now owns 2,598 shares of the technology company’s stock worth $107,000 after buying an additional 2,583 shares during the last quarter. SG Americas Securities LLC acquired a new position in Black Knight Financial Services during the second quarter worth $109,000. Oppenheimer Asset Management Inc. boosted its stake in Black Knight Financial Services by 13.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 2,843 shares of the technology company’s stock worth $116,000 after buying an additional 337 shares during the last quarter. Finally, First Bank & Trust boosted its stake in Black Knight Financial Services by 9.5% during the second quarter. First Bank & Trust now owns 2,986 shares of the technology company’s stock worth $122,000 after buying an additional 260 shares during the last quarter. 44.68% of the stock is currently owned by institutional investors.

Several brokerages have recently commented on BKFS. Zacks Investment Research raised Black Knight Financial Services from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. BidaskClub lowered Black Knight Financial Services from a “buy” rating to a “hold” rating in a research note on Wednesday, August 30th. Bank of America Corporation upped their price target on Black Knight Financial Services from $45.00 to $47.00 and gave the company a “buy” rating in a research note on Thursday, July 20th. Knight Equity reaffirmed a “hold” rating on shares of Black Knight Financial Services in a research note on Wednesday, July 19th. Finally, William Blair began coverage on Black Knight Financial Services in a research note on Wednesday, September 13th. They issued an “outperform” rating on the stock. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $46.50.

TRADEMARK VIOLATION WARNING: This piece was first posted by Watch List News and is the property of of Watch List News. If you are accessing this piece on another website, it was copied illegally and reposted in violation of international trademark and copyright laws. The correct version of this piece can be viewed at https://www.watchlistnews.com/tudor-investment-corp-et-al-sells-1559-shares-of-black-knight-financial-services-inc-bkfs/1617676.html.

In related news, CEO Thomas J. Sanzone sold 30,000 shares of Black Knight Financial Services stock in a transaction on Monday, July 17th. The stock was sold at an average price of $41.75, for a total value of $1,252,500.00. Following the transaction, the chief executive officer now owns 871,990 shares in the company, valued at $36,405,582.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 30.78% of the stock is currently owned by company insiders.

Shares of Black Knight Financial Services, Inc. (NYSE:BKFS) opened at 43.05 on Friday. The company has a 50 day moving average price of $43.96 and a 200 day moving average price of $43.96. The stock has a market cap of $2.88 billion, a P/E ratio of 75.93 and a beta of 0.74. Black Knight Financial Services, Inc. has a 12-month low of $34.00 and a 12-month high of $45.25.

Black Knight Financial Services (NYSE:BKFS) last issued its earnings results on Wednesday, July 19th. The technology company reported $0.33 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.33. Black Knight Financial Services had a return on equity of 8.29% and a net margin of 3.96%. The firm had revenue of $263.40 million for the quarter, compared to analysts’ expectations of $265.24 million. During the same quarter last year, the firm earned $0.29 earnings per share. The firm’s revenue for the quarter was up 2.3% compared to the same quarter last year. Analysts anticipate that Black Knight Financial Services, Inc. will post $1.38 earnings per share for the current fiscal year.

About Black Knight Financial Services

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.

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

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