Robeco Institutional Asset Management B.V. Acquires New Stake in Black Knight Inc (BKI)

Robeco Institutional Asset Management B.V. acquired a new stake in shares of Black Knight Inc (NYSE:BKI) during the fourth quarter, HoldingsChannel reports. The fund acquired 32,590 shares of the company’s stock, valued at approximately $1,439,000.

A number of other institutional investors also recently modified their holdings of BKI. Benjamin F. Edwards & Company Inc. bought a new position in Black Knight during the fourth quarter valued at approximately $102,000. Duncker Streett & Co. Inc. purchased a new stake in Black Knight during the fourth quarter valued at approximately $111,000. Hirtle Callaghan & Co LLC purchased a new stake in Black Knight during the fourth quarter valued at approximately $115,000. First Bank & Trust purchased a new stake in Black Knight during the fourth quarter valued at approximately $130,000. Finally, Acadian Asset Management LLC purchased a new stake in Black Knight during the fourth quarter valued at approximately $197,000. Institutional investors own 28.29% of the company’s stock.

Shares of Black Knight Inc (NYSE:BKI) opened at $47.70 on Tuesday. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.88 and a quick ratio of 1.88. The stock has a market cap of $7,496.96, a price-to-earnings ratio of 39.40, a PEG ratio of 2.36 and a beta of 0.83. Black Knight Inc has a 52 week low of $36.90 and a 52 week high of $53.00.

A number of analysts have commented on BKI shares. Zacks Investment Research raised shares of Black Knight from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a report on Thursday, January 4th. Compass Point started coverage on shares of Black Knight in a report on Wednesday, January 3rd. They set a “buy” rating and a $52.00 target price for the company. Barclays upped their target price on shares of Black Knight from $43.00 to $45.00 and gave the company an “overweight” rating in a report on Thursday, November 2nd. Deutsche Bank raised shares of Black Knight from a “hold” rating to a “buy” rating and upped their target price for the company from $42.00 to $52.00 in a report on Tuesday, January 2nd. Finally, Knight Equity raised shares of Black Knight from a “market perform” rating to a “buy” rating and upped their target price for the company from $42.00 to $52.00 in a report on Tuesday, January 2nd. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $49.11.

COPYRIGHT VIOLATION NOTICE: This piece was originally posted by Stock Observer and is the property of of Stock Observer. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of US and international copyright & trademark legislation. The correct version of this piece can be read at https://www.thestockobserver.com/2018/02/06/robeco-institutional-asset-management-b-v-acquires-new-stake-in-black-knight-inc-bki.html.

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.

Want to see what other hedge funds are holding BKI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Black Knight Inc (NYSE:BKI).

Institutional Ownership by Quarter for Black Knight (NYSE:BKI)

Receive News & Ratings for Black Knight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Knight and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply