Black Knight Financial Services, Inc. (BKFS) Shares Bought by Balyasny Asset Management LLC

Balyasny Asset Management LLC boosted its position in shares of Black Knight Financial Services, Inc. (NYSE:BKFS) by 35.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 118,815 shares of the technology company’s stock after purchasing an additional 31,184 shares during the quarter. Balyasny Asset Management LLC owned approximately 0.18% of Black Knight Financial Services worth $4,865,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Citigroup Inc. purchased a new stake in Black Knight Financial Services during the second quarter worth $103,000. Sei Investments Co. boosted its position in Black Knight Financial Services by 17,220.0% during the second quarter. Sei Investments Co. now owns 2,598 shares of the technology company’s stock worth $107,000 after purchasing an additional 2,583 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Black Knight Financial Services during the second quarter worth $109,000. Oppenheimer Asset Management Inc. boosted its position in Black Knight Financial Services by 13.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 2,843 shares of the technology company’s stock worth $116,000 after purchasing an additional 337 shares in the last quarter. Finally, First Bank & Trust boosted its position in Black Knight Financial Services by 9.5% during the second quarter. First Bank & Trust now owns 2,986 shares of the technology company’s stock worth $122,000 after purchasing an additional 260 shares in the last quarter. Institutional investors own 44.68% of the company’s stock.

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In other news, CEO Thomas J. Sanzone sold 30,000 shares of the firm’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of $44.19, for a total transaction of $1,325,700.00. Following the completion of the sale, the chief executive officer now directly owns 871,990 shares of the company’s stock, valued at approximately $38,533,238.10. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 30.78% of the company’s stock.

Black Knight Financial Services, Inc. (NYSE:BKFS) opened at 43.05 on Monday. The stock has a 50 day moving average price of $43.96 and a 200-day moving average price of $43.96. Black Knight Financial Services, Inc. has a 12-month low of $34.00 and a 12-month high of $45.25. The firm has a market capitalization of $2.88 billion, a PE ratio of 75.93 and a beta of 0.74.

Black Knight Financial Services (NYSE:BKFS) last released its quarterly earnings data on Wednesday, July 19th. The technology company reported $0.33 earnings per share for the quarter, hitting the consensus estimate of $0.33. The business had revenue of $263.40 million during the quarter, compared to analyst estimates 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 last year, the company posted $0.29 EPS. On average, equities research analysts forecast that Black Knight Financial Services, Inc. will post $1.38 EPS for the current year.

A number of analysts have commented on BKFS shares. BidaskClub upgraded Black Knight Financial Services from a “hold” rating to a “buy” rating in a research report on Saturday, June 24th. Knight Equity reiterated a “hold” rating on shares of Black Knight Financial Services in a research report on Wednesday, July 19th. Bank of America Corporation boosted their target price on Black Knight Financial Services from $45.00 to $47.00 and gave the stock a “buy” rating in a research report on Thursday, July 20th. Sidoti reiterated an “overweight” rating and set a $48.00 target price (up from $45.00) on shares of Black Knight Financial Services in a research report on Friday, July 21st. Finally, Wells Fargo & Company reiterated an “outperform” rating and set a $47.00 target price (up from $43.50) on shares of Black Knight Financial Services in a research report on Friday, July 21st. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $46.50.

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.

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

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