Bishop Rock Capital L.P. Has $1.96 Million Holdings in Black Knight, Inc. (BKFS)

Bishop Rock Capital L.P. trimmed its position in Black Knight, Inc. (NYSE:BKFS) by 19.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 45,607 shares of the technology company’s stock after selling 11,098 shares during the quarter. Black Knight makes up 1.4% of Bishop Rock Capital L.P.’s holdings, making the stock its 22nd largest position. Bishop Rock Capital L.P.’s holdings in Black Knight were worth $1,963,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of BKFS. Teachers Advisors LLC raised its holdings in shares of Black Knight by 11.2% in the 1st quarter. Teachers Advisors LLC now owns 32,987 shares of the technology company’s stock valued at $1,263,000 after purchasing an additional 3,320 shares during the period. Legal & General Group Plc raised its holdings in shares of Black Knight by 182.5% in the 1st quarter. Legal & General Group Plc now owns 7,832 shares of the technology company’s stock valued at $300,000 after purchasing an additional 5,060 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Black Knight by 77.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 88,305 shares of the technology company’s stock valued at $3,382,000 after purchasing an additional 38,434 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in shares of Black Knight by 1.3% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 80,822 shares of the technology company’s stock valued at $3,096,000 after purchasing an additional 1,072 shares during the period. Finally, Credit Suisse AG raised its holdings in shares of Black Knight by 11.4% in the 1st quarter. Credit Suisse AG now owns 14,859 shares of the technology company’s stock valued at $569,000 after purchasing an additional 1,523 shares during the period. 44.68% of the stock is currently owned by institutional investors.

In other Black Knight news, CEO Thomas J. Sanzone sold 30,000 shares of the stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $44.19, for a total value of $1,325,700.00. Following the transaction, 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 legal filing with the SEC, which can be accessed through this hyperlink. 30.78% of the stock is owned by corporate insiders.

A number of equities research analysts have recently issued reports on the stock. BidaskClub cut shares of Black Knight from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. William Blair initiated coverage on shares of Black Knight in a report on Wednesday, September 13th. They issued an “outperform” rating on the stock. Finally, Zacks Investment Research raised shares of Black Knight from a “sell” rating to a “hold” rating in a report on Monday, October 2nd. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $46.50.

Black Knight, Inc. (NYSE BKFS) opened at $43.05 on Thursday. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.78. Black Knight, Inc. has a fifty-two week low of $34.00 and a fifty-two week high of $45.25.

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About Black Knight

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 (NYSE:BKFS)

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