Venturi Wealth Management LLC purchased a new stake in Black Knight Inc (NYSE:BKI) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 37,430 shares of the company’s stock, valued at approximately $1,572,000.
Separately, Wellington Shields Capital Management LLC acquired a new stake in Black Knight during the third quarter worth about $202,000. Hedge funds and other institutional investors own 26.29% of the company’s stock.
Shares of Black Knight Inc (BKI) traded down $0.55 on Friday, reaching $44.15. 294,268 shares of the company’s stock were exchanged, compared to its average volume of 701,344. Black Knight Inc has a 1 year low of $41.10 and a 1 year high of $47.55. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $6,780.00 and a PE ratio of 45.99.
BKI has been the topic of a number of recent research reports. Goldman Sachs Group reissued a “neutral” rating and set a $44.00 target price (up from $42.00) on shares of Black Knight in a research report on Wednesday, October 4th. Bank of America initiated coverage on Black Knight in a research report on Thursday, October 5th. They set a “buy” rating and a $47.00 target price on the stock. JPMorgan Chase & Co. initiated coverage on Black Knight in a research report on Friday, October 6th. They set an “overweight” rating and a $49.00 target price on the stock. Barclays lifted their target price on Black Knight from $43.00 to $45.00 and gave the stock an “overweight” rating in a research report on Thursday, November 2nd. Finally, Zacks Investment Research
downgraded Black Knight from a “buy” rating to a “hold” rating in a research report on Monday, November 6th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $46.25.
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About Black Knight
Black Knight, Inc 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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