UBS Group AG Has $626,000 Position in Black Knight Financial Services, Inc. (BKFS)

UBS Group AG increased its stake in shares of Black Knight Financial Services, Inc. (NYSE:BKFS) by 172.2% during the first quarter, according to its most recent filing with the SEC. The fund owned 16,354 shares of the technology company’s stock after buying an additional 10,347 shares during the period. UBS Group AG’s holdings in Black Knight Financial Services were worth $626,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of BKFS. First Bank & Trust boosted its position in shares of Black Knight Financial Services by 16.9% in the first quarter. First Bank & Trust now owns 2,726 shares of the technology company’s stock valued at $104,000 after buying an additional 394 shares during the period. Pacer Advisors Inc. raised its stake in shares of 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 in the last quarter. Forward Management LLC raised its stake in shares of Black Knight Financial Services by 3.7% in the first quarter. Forward Management LLC now owns 5,847 shares of the technology company’s stock valued at $224,000 after buying an additional 206 shares in the last quarter. Menta Capital LLC acquired a new stake in shares of Black Knight Financial Services during the first quarter valued at about $237,000. Finally, Karp Capital Management Corp purchased a new stake in shares of Black Knight Financial Services during the first quarter valued at $268,000. Institutional investors and hedge funds own 95.16% of the company’s stock.

Shares of Black Knight Financial Services, Inc. (NYSE BKFS) traded up 0.36% during mid-day trading on Friday, hitting $41.65. The stock had a trading volume of 126,382 shares. The company has a market cap of $2.79 billion, a PE ratio of 73.46 and a beta of 0.75. The stock’s 50-day moving average is $41.83 and its 200 day moving average is $39.66. Black Knight Financial Services, Inc. has a 12 month low of $34.00 and a 12 month high of $43.70.

Black Knight Financial Services (NYSE:BKFS) last released its quarterly earnings data on Wednesday, July 19th. The technology company reported $0.33 EPS for the quarter, meeting 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 firm had revenue of $263.40 million for the quarter, compared to analysts’ expectations of $265.24 million. During the same period in the prior year, the firm posted $0.29 earnings per share. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. On average, equities research analysts forecast that Black Knight Financial Services, Inc. will post $1.37 earnings per share for the current fiscal year.

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BKFS has been the subject of several recent research reports. Zacks Investment Research lowered Black Knight Financial Services from a “buy” rating to a “hold” rating in a report on Tuesday, May 30th. Sidoti reissued an “overweight” rating and issued a $48.00 price objective (up previously from $45.00) on shares of Black Knight Financial Services in a report on Friday, July 21st. BidaskClub upgraded Black Knight Financial Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 1st. Wells Fargo & Company restated an “outperform” rating and issued a $47.00 target price (up previously from $43.50) on shares of Black Knight Financial Services in a research note on Friday, July 21st. Finally, TheStreet upgraded Black Knight Financial Services from a “c” rating to a “b-” rating in a research note on Friday, May 19th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $46.00.

In other Black Knight Financial Services news, CEO Thomas J. Sanzone sold 30,000 shares of the company’s stock in a transaction 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 transaction, the chief executive officer now directly owns 871,990 shares in the company, valued at $36,405,582.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 30.91% of the company’s stock.

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.

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

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