Forward Management LLC boosted its stake in Black Knight Financial Services, Inc. (NYSE:BKFS) by 4.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,116 shares of the technology company’s stock after buying an additional 269 shares during the period. Forward Management LLC’s holdings in Black Knight Financial Services were worth $250,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BKFS. Karp Capital Management Corp bought a new position in shares of Black Knight Financial Services during the first quarter worth about $268,000. UBS Asset Management Americas Inc. bought a new position in shares of Black Knight Financial Services during the first quarter worth about $585,000. US Bancorp DE boosted its position in shares of Black Knight Financial Services by 59.6% in the first quarter. US Bancorp DE now owns 107,073 shares of the technology company’s stock worth $4,101,000 after buying an additional 39,990 shares during the last quarter. Capital Fund Management S.A. bought a new position in shares of Black Knight Financial Services during the first quarter worth about $314,000. Finally, Bbva Compass Bancshares Inc. boosted its position in shares of Black Knight Financial Services by 54.5% in the first quarter. Bbva Compass Bancshares Inc. now owns 15,207 shares of the technology company’s stock worth $583,000 after buying an additional 5,364 shares during the last quarter.

Shares of Black Knight Financial Services, Inc. (BKFS) opened at 41.40 on Friday. Black Knight Financial Services, Inc. has a 52 week low of $34.00 and a 52 week high of $43.70. The stock has a 50 day moving average price of $41.59 and a 200-day moving average price of $39.44. The firm has a market capitalization of $2.77 billion, a price-to-earnings ratio of 73.02 and a beta of 0.75.

Black Knight Financial Services (NYSE:BKFS) last released its earnings results on Wednesday, July 19th. The technology company reported $0.33 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.33. The firm had revenue of $263.40 million during the quarter, compared to the consensus estimate of $265.24 million. Black Knight Financial Services had a return on equity of 8.29% and a net margin of 3.96%. The company’s revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.29 EPS. On average, equities research analysts forecast that Black Knight Financial Services, Inc. will post $1.37 earnings per share for the current year.

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A number of research analysts have issued reports on BKFS shares. Zacks Investment Research cut Black Knight Financial Services from a “buy” rating to a “hold” rating in a report on Monday, June 5th. TheStreet raised Black Knight Financial Services from a “c” rating to a “b-” rating in a report on Friday, May 19th. Bank of America Corporation lifted their price objective on Black Knight Financial Services from $45.00 to $47.00 and gave the company a “buy” rating in a report on Thursday, July 20th. Knight Equity reissued a “hold” rating on shares of Black Knight Financial Services in a report on Wednesday, July 19th. Finally, BidaskClub cut Black Knight Financial Services from a “buy” rating to a “hold” rating in a report on Wednesday. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $46.00.

In related news, Director H. Lee Equity Fund Vi Thomas sold 750,000 shares of the company’s stock in a transaction on Thursday, May 18th. The stock was sold at an average price of $41.90, for a total transaction of $31,425,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 value of $1,252,500.00. Following the sale, the chief executive officer now owns 871,990 shares of the company’s stock, valued at $36,405,582.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 870,000 shares of company stock valued at $36,167,700. Corporate insiders own 30.91% of the company’s stock.

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.

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

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