Bank of New York Mellon Corp boosted its holdings in Black Knight Financial Services, Inc. (NYSE:BKFS) by 3.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 500,922 shares of the technology company’s stock after buying an additional 15,164 shares during the period. Bank of New York Mellon Corp owned approximately 0.74% of Black Knight Financial Services worth $20,513,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sei Investments Co. raised its holdings in Black Knight Financial Services by 17,220.0% in the second quarter. Sei Investments Co. now owns 2,598 shares of the technology company’s stock valued at $107,000 after buying an additional 2,583 shares during the period. SG Americas Securities LLC purchased a new position in Black Knight Financial Services in the second quarter valued at approximately $109,000. First Bank & Trust raised its holdings in Black Knight Financial Services by 9.5% in the second quarter. First Bank & Trust now owns 2,986 shares of the technology company’s stock valued at $122,000 after buying an additional 260 shares during the period. Pacer Advisors Inc. raised its holdings in Black Knight Financial Services by 53.0% in the first quarter. Pacer Advisors Inc. now owns 3,332 shares of the technology company’s stock valued at $128,000 after buying an additional 1,154 shares during the period. Finally, CIBC Asset Management Inc purchased a new position in Black Knight Financial Services in the second quarter valued at approximately $200,000. Hedge funds and other institutional investors own 99.88% of the company’s stock.

Several research analysts recently commented on BKFS shares. BidaskClub lowered shares of Black Knight Financial Services from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Bank of America Corporation lifted their price objective on shares of Black Knight Financial Services from $45.00 to $47.00 and gave the company a “buy” rating in a research note on Thursday, July 20th. Zacks Investment Research upgraded shares of Black Knight Financial Services from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a research note on Wednesday, May 31st. Finally, Knight Equity reiterated a “hold” rating on shares of Black Knight Financial Services in a research note on Wednesday, July 19th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $46.00.

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Shares of Black Knight Financial Services, Inc. (NYSE BKFS) opened at 44.15 on Friday. Black Knight Financial Services, Inc. has a 52 week low of $34.00 and a 52 week high of $45.25. The company has a market cap of $2.96 billion, a price-to-earnings ratio of 77.87 and a beta of 0.75. The company has a 50 day moving average of $43.83 and a 200-day moving average of $41.37.

Black Knight Financial Services (NYSE:BKFS) last issued its quarterly earnings results on Wednesday, July 19th. The technology company reported $0.33 EPS for the quarter, hitting analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $265.24 million. During the same period in the previous year, the company earned $0.29 earnings per share. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. On average, equities research analysts expect that Black Knight Financial Services, Inc. will post $1.38 earnings per share for the current fiscal year.

In other news, CEO Thomas J. Sanzone sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $41.75, for a total transaction of $1,252,500.00. Following the completion of the transaction, the chief executive officer now directly owns 871,990 shares in the company, valued at $36,405,582.50. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 30.91% of the stock is owned by insiders.

About Black Knight Financial Services

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.

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Institutional Ownership by Quarter for Black Knight Financial Services (NYSE:BKFS)

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