Keeley Teton Advisors LLC purchased a new stake in Black Knight Inc (NYSE:BKI) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 23,961 shares of the company’s stock, valued at approximately $1,058,000.
A number of other institutional investors also recently added to or reduced their stakes in BKI. Wellington Shields Capital Management LLC bought a new position in Black Knight in the 3rd quarter valued at about $202,000. Elk Creek Partners LLC bought a new position in Black Knight in the 3rd quarter valued at about $4,080,000. Venturi Wealth Management LLC bought a new position in Black Knight in the 3rd quarter valued at about $1,572,000. Marshwinds Advisory Co. bought a new position in Black Knight in the 4th quarter valued at about $243,000. Finally, Confluence Investment Management LLC raised its holdings in Black Knight by 142.7% in the 4th quarter. Confluence Investment Management LLC now owns 2,053,282 shares of the company’s stock valued at $90,652,000 after acquiring an additional 1,207,427 shares during the period. 83.26% of the stock is currently owned by hedge funds and other institutional investors.
BKI has been the topic of several research analyst reports. ValuEngine raised shares of Black Knight from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Zacks Investment Research raised shares of Black Knight from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a report on Thursday, February 15th. Compass Point initiated coverage on shares of Black Knight in a report on Wednesday, January 3rd. They issued a “buy” rating and a $52.00 price target on the stock. Deutsche Bank raised shares of Black Knight from a “hold” rating to a “buy” rating and increased their price target for the company from $42.00 to $52.00 in a report on Tuesday, January 2nd. Finally, Knight Equity raised shares of Black Knight from a “market perform” rating to a “buy” rating and raised their target price for the stock from $42.00 to $52.00 in a report on Tuesday, January 2nd. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $51.00.
Black Knight (NYSE:BKI) last announced its earnings results on Wednesday, February 7th. The company reported $0.35 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.01. Black Knight had a net margin of 17.14% and a return on equity of 11.32%. The company had revenue of $268.40 million for the quarter, compared to analysts’ expectations of $270.08 million. research analysts predict that Black Knight Inc will post 1.71 EPS for the current fiscal year.
In other news, Director H. Lee Equity Fund Vi Thomas sold 6,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $46.41, for a total transaction of $278,460,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.00% of the stock is currently owned by company insiders.
ILLEGAL ACTIVITY NOTICE: “Keeley Teton Advisors LLC Takes $1.06 Million Position in Black Knight Inc (BKI)” was first posted by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this piece of content on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://sportsperspectives.com/2018/03/11/keeley-teton-advisors-llc-takes-1-06-million-position-in-black-knight-inc-bki.html.
About Black Knight
Black Knight, Inc 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.
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).
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.