Black Knight Financial Services, Inc. (NYSE:BKFS) has been given a consensus rating of “Buy” by the ten research firms that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $46.50.

Several research firms recently weighed in on BKFS. Zacks Investment Research raised Black Knight Financial Services from a “sell” rating to a “hold” rating in a report on Monday. William Blair initiated coverage on Black Knight Financial Services in a research note on Wednesday, September 13th. They issued an “outperform” rating for the company. BidaskClub lowered Black Knight Financial Services from a “buy” rating to a “hold” rating in a report on Wednesday, August 30th. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $47.00 price objective (up from $43.50) on shares of Black Knight Financial Services in a report on Friday, July 21st. Finally, Sidoti reiterated an “overweight” rating and set a $48.00 price objective (up previously from $45.00) on shares of Black Knight Financial Services in a research report on Friday, July 21st.

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In related news, CEO Thomas J. Sanzone sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The stock was 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 directly owns 871,990 shares in the company, valued at $38,533,238.10. The sale was disclosed in a filing with the SEC, which is available at this link. 30.78% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bbva Compass Bancshares Inc. lifted its holdings in shares of Black Knight Financial Services by 0.8% during the 2nd quarter. Bbva Compass Bancshares Inc. now owns 15,323 shares of the technology company’s stock worth $628,000 after acquiring an additional 116 shares during the period. Stifel Financial Corp boosted its position in shares of Black Knight Financial Services by 0.4% during the 2nd quarter. Stifel Financial Corp now owns 44,336 shares of the technology company’s stock worth $1,816,000 after acquiring an additional 173 shares in the last quarter. First Bank & Trust boosted its position in shares of Black Knight Financial Services by 9.5% during the 2nd quarter. First Bank & Trust now owns 2,986 shares of the technology company’s stock worth $122,000 after acquiring an additional 260 shares in the last quarter. Forward Management LLC increased its stake in Black Knight Financial Services by 4.6% in the second quarter. Forward Management LLC now owns 6,116 shares of the technology company’s stock valued at $250,000 after acquiring an additional 269 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. increased its stake in Black Knight Financial Services by 13.4% in the second quarter. Oppenheimer Asset Management Inc. now owns 2,843 shares of the technology company’s stock valued at $116,000 after acquiring an additional 337 shares during the last quarter. Institutional investors own 44.68% of the company’s stock.

Shares of Black Knight Financial Services (NYSE BKFS) opened at 43.05 on Wednesday. The firm 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 has a 1-year low of $34.00 and a 1-year high of $45.25. The firm’s 50-day moving average is $43.96 and its 200-day moving average is $43.96.

Black Knight Financial Services (NYSE:BKFS) last posted its earnings results on Wednesday, July 19th. The technology company reported $0.33 EPS for the quarter, meeting the 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 company had revenue of $263.40 million for the quarter, compared to the consensus estimate of $265.24 million. During the same quarter in the prior year, the business earned $0.29 earnings per share. The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. On average, analysts anticipate that Black Knight Financial Services will post $1.38 EPS for the current fiscal year.

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.

Analyst Recommendations for Black Knight Financial Services (NYSE:BKFS)

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