Earnest Partners LLC purchased a new position in shares of Black Knight Inc (NYSE:BKI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 677,063 shares of the company’s stock, valued at approximately $29,892,000. Earnest Partners LLC owned about 0.44% of Black Knight at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of BKI. Benjamin F. Edwards & Company Inc. purchased a new position in Black Knight during the 4th quarter worth approximately $102,000. Duncker Streett & Co. Inc. purchased a new position in Black Knight during the 4th quarter worth approximately $111,000. Hirtle Callaghan & Co LLC purchased a new position in Black Knight during the 4th quarter worth approximately $115,000. First Bank & Trust purchased a new position in Black Knight during the 4th quarter worth approximately $130,000. Finally, JFS Wealth Advisors LLC purchased a new position in Black Knight during the 4th quarter worth approximately $131,000. 85.24% of the stock is owned by institutional investors.
In other news, Director H. Lee Equity Fund Vi Thomas sold 6,000,000 shares of Black Knight 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 30.78% of the stock is owned by insiders.
Black Knight Inc (NYSE BKI) opened at $49.00 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.21 and a current ratio of 1.21. The firm has a market cap of $7,364.17, a P/E ratio of 33.79, a PEG ratio of 1.92 and a beta of 0.86. Black Knight Inc has a 1-year low of $37.20 and a 1-year high of $53.00.
Black Knight (NYSE:BKI) last posted its earnings results on Wednesday, February 7th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.01. The firm had revenue of $268.40 million during the quarter, compared to analyst estimates of $270.08 million. Black Knight had a net margin of 17.14% and a return on equity of 11.32%. sell-side analysts anticipate that Black Knight Inc will post 1.71 earnings per share for the current year.
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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.
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