Nationwide Fund Advisors purchased a new stake in Black Knight Financial Services, Inc. (NYSE:BKFS) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 128,000 shares of the technology company’s stock, valued at approximately $5,242,000. Nationwide Fund Advisors owned approximately 0.19% of Black Knight Financial Services at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Wells Fargo & Company MN increased its position in shares of Black Knight Financial Services by 2,146.1% during the second quarter. Wells Fargo & Company MN now owns 1,380,390 shares of the technology company’s stock worth $56,528,000 after acquiring an additional 1,318,933 shares in the last quarter. Columbia Wanger Asset Management LLC bought a new stake in shares of Black Knight Financial Services during the first quarter worth about $25,557,000. Marshall Wace North America L.P. bought a new stake in shares of Black Knight Financial Services during the second quarter worth about $15,285,000. Crescent Grove Advisors LLC bought a new stake in shares of Black Knight Financial Services during the second quarter worth about $14,727,000. Finally, Renaissance Technologies LLC increased its position in shares of Black Knight Financial Services by 188.1% during the first quarter. Renaissance Technologies LLC now owns 284,900 shares of the technology company’s stock worth $10,912,000 after acquiring an additional 186,000 shares in the last quarter. 44.68% of the stock is owned by hedge funds and other institutional investors.

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In other Black Knight Financial Services 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 transaction 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 approximately $38,533,238.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 30.78% of the stock is currently owned by company insiders.

Several equities research analysts have recently commented on BKFS shares. BidaskClub raised shares of Black Knight Financial Services from a “hold” rating to a “buy” rating in a research report on Saturday, June 24th. Bank of America Corporation boosted 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 research report on Thursday, July 20th. Zacks Investment Research raised shares of Black Knight Financial Services from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. Knight Equity reissued a “hold” rating on shares of Black Knight Financial Services in a research report on Wednesday, July 19th. Finally, William Blair started coverage on shares of Black Knight Financial Services in a research report on Wednesday, September 13th. They set an “outperform” rating for the company. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $46.50.

Black Knight Financial Services, Inc. (BKFS) opened at 43.05 on Friday. The company’s 50-day moving average is $43.96 and its 200 day moving average is $43.96. Black Knight Financial Services, Inc. has a 12-month low of $34.00 and a 12-month high of $45.25. The stock has a market capitalization of $2.88 billion, a PE ratio of 75.93 and a beta of 0.74.

Black Knight Financial Services (NYSE:BKFS) last released its quarterly earnings data on Wednesday, July 19th. The technology company reported $0.33 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.33. The business had revenue of $263.40 million during the quarter, compared to analyst estimates of $265.24 million. Black Knight Financial Services had a net margin of 3.96% and a return on equity of 8.29%. Black Knight Financial Services’s revenue was up 2.3% compared to the same quarter last year. During the same period last year, the business earned $0.29 EPS. On average, equities research analysts expect that Black Knight Financial Services, Inc. will post $1.38 earnings per share 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.

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

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