Black Knight Inc (BKI) Shares Bought by Comerica Bank

Comerica Bank lifted its stake in Black Knight Inc (NYSE:BKI) by 542.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 42,271 shares of the company’s stock after purchasing an additional 35,687 shares during the quarter. Comerica Bank’s holdings in Black Knight were worth $1,999,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. First Trust Advisors LP raised its position in shares of Black Knight by 0.3% in the 3rd quarter. First Trust Advisors LP now owns 352,339 shares of the company’s stock valued at $18,304,000 after purchasing an additional 1,163 shares during the last quarter. Great West Life Assurance Co. Can raised its position in shares of Black Knight by 11.8% in the 2nd quarter. Great West Life Assurance Co. Can now owns 13,849 shares of the company’s stock valued at $742,000 after purchasing an additional 1,460 shares during the last quarter. First Capital Advisors Group LLC. raised its position in shares of Black Knight by 21.9% in the 3rd quarter. First Capital Advisors Group LLC. now owns 8,711 shares of the company’s stock valued at $453,000 after purchasing an additional 1,563 shares during the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its position in shares of Black Knight by 41.0% in the 2nd quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 5,670 shares of the company’s stock valued at $304,000 after purchasing an additional 1,650 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado increased its holdings in Black Knight by 9.5% in the 3rd quarter. Public Employees Retirement Association of Colorado now owns 19,892 shares of the company’s stock worth $1,033,000 after buying an additional 1,726 shares during the period. 86.94% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts recently weighed in on the stock. Susquehanna Bancshares assumed coverage on shares of Black Knight in a report on Thursday. They issued a “positive” rating and a $59.00 price target on the stock. Knight Equity assumed coverage on shares of Black Knight in a report on Thursday. They issued a “positive” rating on the stock. Wedbush cut their price target on shares of Black Knight from $55.00 to $50.00 and set a “neutral” rating on the stock in a report on Tuesday, November 20th. Zacks Investment Research downgraded shares of Black Knight from a “hold” rating to a “strong sell” rating in a report on Friday, November 2nd. Finally, Compass Point cut their price target on shares of Black Knight from $58.00 to $55.50 and set a “buy” rating on the stock in a report on Wednesday, October 31st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the stock. Black Knight currently has a consensus rating of “Buy” and an average price target of $57.25.

Shares of NYSE:BKI opened at $44.97 on Friday. Black Knight Inc has a twelve month low of $42.30 and a twelve month high of $56.45. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.36 and a current ratio of 1.36. The company has a market capitalization of $6.71 billion, a P/E ratio of 28.44, a price-to-earnings-growth ratio of 1.85 and a beta of 0.83.

Black Knight (NYSE:BKI) last issued its quarterly earnings results on Tuesday, October 30th. The company reported $0.48 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.03. The company had revenue of $282.30 million for the quarter, compared to the consensus estimate of $282.42 million. Black Knight had a net margin of 24.90% and a return on equity of 13.86%. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. On average, analysts forecast that Black Knight Inc will post 1.6 earnings per share for the current year.

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Black Knight Profile

Black Knight, Inc engages in the provision of software, data and analytics solutions. It operates through the Software Solutions, and Data and Analytics. The Software Solutions segment offers software and hosting solutions that support loan servicing, loan origination and settlement services. The Data and Analytics segment refers to the data and analytics solutions to the mortgage, real estate and capital markets verticals.

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Institutional Ownership by Quarter for Black Knight (NYSE:BKI)

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