Shares of Black Knight Financial Services Inc (NYSE:BKFS) have been assigned a consensus rating of “Buy” from the ten analysts that are currently covering the company, 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 twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $46.50.

A number of brokerages have commented on BKFS. BidaskClub raised shares of Black Knight Financial Services from a “hold” rating to a “buy” rating in a research note on Friday, August 18th. Bank of America Corporation raised their target price 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.

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In other news, CEO Thomas J. Sanzone sold 30,000 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $38,533,238.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 30.78% of the stock is currently owned by company insiders.

Several institutional investors have recently added to or reduced their stakes in the company. Victory Capital Management Inc. lifted its holdings in shares of Black Knight Financial Services by 4.8% in the 3rd quarter. Victory Capital Management Inc. now owns 4,123,314 shares of the technology company’s stock worth $177,508,000 after acquiring an additional 188,121 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in shares of Black Knight Financial Services by 80.4% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 8,650 shares of the technology company’s stock worth $354,000 after acquiring an additional 3,856 shares during the last quarter. California State Teachers Retirement System lifted its holdings in shares of Black Knight Financial Services by 11.7% in the 2nd quarter. California State Teachers Retirement System now owns 51,272 shares of the technology company’s stock worth $2,100,000 after acquiring an additional 5,383 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Black Knight Financial Services by 9.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,717 shares of the technology company’s stock worth $193,000 after acquiring an additional 426 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Black Knight Financial Services by 7.5% in the 2nd quarter. State Street Corp now owns 328,604 shares of the technology company’s stock worth $13,458,000 after acquiring an additional 22,803 shares during the last quarter. Hedge funds and other institutional investors own 44.68% of the company’s stock.

Shares of Black Knight Financial Services (NYSE:BKFS) opened at 43.05 on Friday. Black Knight Financial Services has a 1-year low of $34.00 and a 1-year high of $45.25. The company has a market capitalization of $2.88 billion, a P/E ratio of 75.93 and a beta of 0.74. The firm has a 50-day moving average of $43.81 and a 200 day moving average of $43.81.

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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