The State Board of Administration of Florida Retirement System acquires 781 shares of Black Knight, Inc. (NYSE: BKI)


The State Board of Administration of Florida Retirement System increased its holdings in Black Knight, Inc. (NYSE: BKIGet a rating) by 0.5% in Q1, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor held 172,909 shares of the company after acquiring an additional 781 shares during the quarter. The Florida Retirement System State Board of Directors held 0.11% of Black Knight worth $10,027,000 at the end of the last quarter.

Other hedge funds have also increased or reduced their stakes in the company. IFM Investors Pty Ltd increased its stake in Black Knight by 17.4% during the 1st quarter. IFM Investors Pty Ltd now owns 24,218 shares in the company valued at $1,404,000 after buying 3,586 additional shares in the last quarter. Steward Partners Investment Advisory LLC increased its stake in Black Knight by 15.2% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 6,789 shares of the company valued at $394,000 after purchasing an additional 894 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its stake in Black Knight by 9.6% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 4,721 shares of the company valued at $274,000 after buying 412 additional shares in the last quarter. Atria Investments LLC increased its stake in Black Knight by 23.4% during the 4th quarter. Atria Investments LLC now owns 19,074 shares of the company valued at $1,581,000 after purchasing 3,618 additional shares in the last quarter. Finally, Assenagon Asset Management SA increased its stake in Black Knight by 72.7% during the 1st quarter. Assenagon Asset Management SA now owns 49,707 shares of the company valued at $2,883,000 after purchasing an additional 20,928 shares in the last quarter. 97.33% of the shares are currently held by hedge funds and other institutional investors.

Dark Knight trading up 0.2%

Shares of BKI Share opened at $64.61 on Tuesday. Black Knight, Inc. has a 52 week low of $52.00 and a 52 week high of $84.27. The company has a debt ratio of 1.10, a quick ratio of 0.84 and a current ratio of 0.84. The company has a market capitalization of $10.08 billion, a PE ratio of 19.34, a PEG ratio of 2.77 and a beta of 0.64. The stock has a fifty-day simple moving average of $65.30 and a two-hundred-day simple moving average of $65.04.

Wall Street analysts predict growth

A number of equity research analysts have weighed in on BKI shares. Keefe, Bruyette & Woods downgraded shares of Black Knight from an “outperform” rating to a “market performer” rating and lowered their target price for the company from $83.00 to $80.00 in a research note from Monday, May 9. Wedbush raised its price target on Black Knight from $70.00 to $85.00 and gave the stock a “neutral” rating in a Thursday, May 5 research note. Barclays reduced its price target on Black Knight from $80.00 to $74.00 and set an “overweight” rating for the company in a research note Thursday, June 23. Finally, Raymond James downgraded Black Knight from an “outperforming” rating to a “market performing” rating and set a price target of $85.00 for the company. in a research note on Thursday, May 5. Four research analysts gave the stock a hold rating and one gave the company’s stock a buy rating. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $79.17.

About the Dark Knight

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Black Knight, Inc provides integrated software, data and analytics solutions in North America and internationally. The Software Solutions segment offers software and hosting solutions including MSP, a software-as-a-service application platform for mortgages, home equity loans and lines of credit; Servicing Digital, a web and mobile solution for consumers that provides easy access to personalized and timely information about their mortgages; Loss Mitigation, an integrated solution that supports retention and liquidation workouts; and Empower, a loan origination system used by lenders to create mortgages, home equity loans and HELOCs.

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Institutional ownership by quarter for Black Knight (NYSE: BKI)



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