Black Knight Inc (NYSE:BKI) has been assigned an average recommendation of “Buy” from the ten analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $55.93.
A number of equities analysts have recently weighed in on BKI shares. Zacks Investment Research lowered Black Knight from a “hold” rating to a “strong sell” rating in a research note on Friday, November 2nd. Compass Point reduced their price objective on shares of Black Knight from $58.00 to $55.50 and set a “buy” rating for the company in a research note on Wednesday, October 31st. Wedbush cut their price objective on shares of Black Knight from $55.00 to $50.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 20th. Deutsche Bank decreased their price objective on shares of Black Knight from $59.00 to $57.00 and set a “buy” rating on the stock in a report on Monday, January 7th. Finally, Susquehanna Bancshares began coverage on shares of Black Knight in a research report on Thursday, November 29th. They set a “positive” rating and a $59.00 price objective for the company.
Shares of NYSE:BKI traded down $0.08 during midday trading on Wednesday, reaching $50.61. The company had a trading volume of 14,656 shares, compared to its average volume of 497,297. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.78. Black Knight has a 1-year low of $42.30 and a 1-year high of $56.45. The firm has a market capitalization of $7.57 billion, a price-to-earnings ratio of 38.33, a price-to-earnings-growth ratio of 1.77 and a beta of 0.72.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in BKI. Private Capital Group LLC increased its holdings in shares of Black Knight by 357.7% in the fourth quarter. Private Capital Group LLC now owns 714 shares of the company’s stock worth $32,000 after purchasing an additional 558 shares during the period. We Are One Seven LLC acquired a new position in shares of Black Knight during the fourth quarter valued at $52,000. Loeb Partners Corp acquired a new position in Black Knight during the fourth quarter worth about $63,000. Benjamin F. Edwards & Company Inc. grew its holdings in Black Knight by 110.6% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 1,592 shares of the company’s stock worth $72,000 after acquiring an additional 836 shares during the period. Finally, SG Americas Securities LLC acquired a new position in Black Knight during the fourth quarter worth about $110,000. 85.02% of the stock is currently owned by institutional investors.
About Black Knight
Black Knight, Inc provides software, data, and analytics solutions to the mortgage and consumer loan, real estate, and capital market verticals primarily in the United States. It operates through two segments, Software Solutions, and Data and Analytics. The Software Solutions segment offers software and hosting solutions, including LoanSphere mortgage servicing platform, a software as a service application that automates loan servicing to the secondary mortgage market and investor reporting; and LoanSphere Bankruptcy and LoanSphere Foreclosure solutions, which are Web-based workflow information systems for managing and automating a range of workflow processes involving non-performing loans.
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.