Murchinson Ltd. purchased a new stake in shares of Black Knight, Inc. (NYSE:BKI – Get Rating) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,000 shares of the company’s stock, valued at approximately $647,000.
A number of other institutional investors have also bought and sold shares of BKI. Price T Rowe Associates Inc. MD raised its holdings in shares of Black Knight by 4.0% during the second quarter. Price T Rowe Associates Inc. MD now owns 20,997,723 shares of the company’s stock valued at $1,373,041,000 after purchasing an additional 813,745 shares during the period. Vanguard Group Inc. raised its holdings in shares of Black Knight by 1.1% during the third quarter. Vanguard Group Inc. now owns 13,895,239 shares of the company’s stock valued at $899,438,000 after purchasing an additional 148,195 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of Black Knight by 11.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 11,579,380 shares of the company’s stock valued at $749,533,000 after purchasing an additional 1,191,230 shares during the period. BlackRock Inc. raised its holdings in shares of Black Knight by 6.9% during the third quarter. BlackRock Inc. now owns 11,527,646 shares of the company’s stock valued at $746,186,000 after purchasing an additional 740,142 shares during the period. Finally, Wellington Management Group LLP raised its holdings in shares of Black Knight by 3.0% during the first quarter. Wellington Management Group LLP now owns 5,176,989 shares of the company’s stock valued at $300,214,000 after purchasing an additional 148,962 shares during the period. Institutional investors own 87.73% of the company’s stock.
Black Knight Stock Down 0.1 %
Shares of BKI traded down $0.06 on Thursday, reaching $60.95. The company’s stock had a trading volume of 119,032 shares, compared to its average volume of 1,129,998. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.02. Black Knight, Inc. has a twelve month low of $53.85 and a twelve month high of $79.78. The stock has a market capitalization of $9.51 billion, a PE ratio of 20.97, a PEG ratio of 5.23 and a beta of 0.50. The firm has a fifty day moving average of $61.33 and a 200-day moving average of $62.24.
Analyst Ratings Changes
BKI has been the topic of several research reports. Keefe, Bruyette & Woods dropped their price objective on shares of Black Knight from $69.00 to $66.00 and set a “market perform” rating on the stock in a report on Wednesday, March 1st. Barclays lowered their target price on shares of Black Knight from $65.00 to $60.00 and set an “equal weight” rating on the stock in a report on Thursday, March 2nd.
Black Knight Profile
Black Knight, Inc engages in the provision of integrated software, data and analytics solutions. It operates through the Software Solutions, and Data and Analytics segments. The Software Solutions segment offers software and hosting solutions that support loan servicing, loan origination, and settlement services.
