Compass Point downgraded shares of Black Knight (NYSE:BKI) from a buy rating to a neutral rating in a report published on Friday, The Fly reports. The brokerage currently has $61.00 price target on the stock.

BKI has been the subject of a number of other reports. Piper Jaffray Companies set a $69.00 price target on shares of Black Knight and gave the company a buy rating in a report on Wednesday, August 7th. ValuEngine downgraded shares of Black Knight from a buy rating to a hold rating in a report on Wednesday, October 2nd. JPMorgan Chase & Co. cut their price target on shares of Black Knight from $69.00 to $64.00 and set an overweight rating for the company in a report on Thursday. Zacks Investment Research downgraded Black Knight from a buy rating to a hold rating in a report on Thursday. Finally, SunTrust Banks set a $66.00 price objective on Black Knight and gave the stock a buy rating in a report on Wednesday, August 7th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Black Knight presently has a consensus rating of Buy and an average target price of $63.46.

NYSE BKI traded down $0.30 on Friday, reaching $56.66. The company’s stock had a trading volume of 1,877,181 shares, compared to its average volume of 756,584. Black Knight has a twelve month low of $42.30 and a twelve month high of $64.80. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a market cap of $8.49 billion, a PE ratio of 34.76, a PEG ratio of 2.50 and a beta of 0.69. The firm’s 50 day moving average is $61.56 and its two-hundred day moving average is $60.40.

Black Knight (NYSE:BKI) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.02. Black Knight had a net margin of 13.71% and a return on equity of 13.51%. The company had revenue of $299.10 million during the quarter, compared to the consensus estimate of $299.16 million. During the same period in the prior year, the company earned $0.48 EPS. Black Knight’s revenue was up 6.2% on a year-over-year basis. Equities research analysts anticipate that Black Knight will post 1.66 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of BKI. Massachusetts Financial Services Co. MA raised its holdings in Black Knight by 238.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,341,941 shares of the company’s stock worth $143,000,000 after buying an additional 1,650,391 shares during the period. Nuveen Asset Management LLC raised its holdings in Black Knight by 12,488.1% during the 2nd quarter. Nuveen Asset Management LLC now owns 1,381,297 shares of the company’s stock worth $83,085,000 after buying an additional 1,370,324 shares during the period. Wells Fargo & Company MN raised its holdings in Black Knight by 14.3% during the 2nd quarter. Wells Fargo & Company MN now owns 3,467,698 shares of the company’s stock worth $208,583,000 after buying an additional 433,259 shares during the period. Peregrine Capital Management LLC acquired a new stake in Black Knight during the 2nd quarter worth about $21,766,000. Finally, King Luther Capital Management Corp increased its holdings in shares of Black Knight by 85.4% in the 2nd quarter. King Luther Capital Management Corp now owns 696,795 shares of the company’s stock valued at $41,912,000 after purchasing an additional 320,923 shares during the period. Hedge funds and other institutional investors own 88.17% of the company’s stock.

About Black Knight

Black Knight, Inc provides integrated software, data, and analytics solutions to the mortgage and consumer loan, real estate, and capital market verticals in the United States. Its Software Solutions segment offers software and hosting solutions comprises MSP, a software as a service application platform for mortgage and home equity loans that automates various areas of loan servicing; Bankruptcy / Foreclosure solutions for managing and automating a range of different workflow processes involving distressed and non-performing loans; Invoicing, a Web-based solution that helps servicers to save time and eliminate errors by automating billing and invoice process; and Empower, a loan origination system used by lenders to originate mortgages, home equity loans, and lines of credit.

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