Black Knight headquarters
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Type
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Financial services |
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Traded as | NYSE: BKI Russell 1000 Component |
Founded | Florida, USA October 27th, 2014 |
Headquarters | 601 Riverside Avenue, Jacksonville, Florida, USA |
Key people
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William P. Foley II, Chairman Tom Sanzone, CEO Anthony Orefice, EVP and COO Kirk T Larsen, EVP and CFO Shelley Leonard, EVP and CPO |
Website | bkfs.com |
Black Knight, Inc., formerly known as Black Knight Financial Services, is an American corporation that provides integrated technology, services, data and analytics solutions to the mortgage and real estate industries. On January 3, 2014, Fidelity National Financial acquired Lender Processing Services (LPS) and renamed it to Black Knight Financial Services. On October 2, 2017, upon the completion of a distribution by Fidelity National Financial of its equity interest in Black Knight Financial Services, Inc., the company rebranded as simply Black Knight (NYSE: BKI).
The company, then known as LPS, was incorporated in 2007. It once served as the mortgage business segment of Fidelity National Information Services, spinning off in 2008 to become a fully independent, publicly traded company on the New York Stock Exchange, trading under the symbol LPS Jeffery Carbiener, Executive Vice President and Chief Financial Officer of Fidelity National Information Services at the time of the divide, became the first President and Chief Executive Officer of LPS.
On March 14, 2011, the Company's subsidiary, LPS Mortgage Processing Solutions, Inc., acquired PCLender.com, Inc. (PCLender.com). In May 2012, Constellation Software Inc. acquired the assets of the Local Government Solutions division of the Company. In July 2012, the Company acquired LendingSpace, a provider of mortgage loan origination software solutions.
On October 5, 2011, LPS named Hugh Harris President and CEO. Prior to coming to LPS, Harris served as President of the Financial Services Technology division at Fidelity National Financial and Fidelity National Information Services. Before joining Fidelity National Financial, Harris was President and CEO of HomeSide Lending, Inc., where he was responsible for one of the world's largest full-service mortgage companies.
On January 3, 2014 LPS was renamed Black Knight Financial Services after being acquired by Fidelity National Financial, which was ranked #314 among Fortune 500 Companies in 2015. LPS product offerings support origination, servicing, portfolio retention and default servicing. LPS' servicing solutions include MSP, a loan-servicing platform, which is used to service approximately 50 percent of all U.S. mortgages by dollar volume. The company also provides proprietary data and analytics for the mortgage, real estate and capital markets industries. LPS was a Fortune 500 company headquartered in Jacksonville, Florida, employing approximately 8,000 professionals, although this number diminished significantly with the vast amount of layoffs occurring within the company after becoming Black Knight.
On October 2, 2017, upon the completion of a distribution by Fidelity National Financial of its equity interest in Black Knight Financial Services, Inc., the company rebranded as simply Black Knight and began trading under the NYSE symbol BKI (NYSE: BKI).
2016-05-17 | Reiterated Rating | Bank of America | Buy | |
2016-05-17 | Reiterated Rating | Bank of America Corp. | Buy | |
2016-03-27 | Reiterated Rating | Wells Fargo | Buy | |
2016-03-27 | Reiterated Rating | Wells Fargo & Co. | Buy | |
2016-02-16 | Lower Price Target | Keefe, Bruyette & Woods | Market Perform | $36.00 to $33.00 |
2016-02-12 | Lower Price Target | Barclays | Overweight | $39.00 to $35.00 |
2016-02-12 | Lower Price Target | Barclays PLC | Overweight | $39.00 to $35.00 |
2016-02-11 | Reiterated Rating | Piper Jaffray | Overweight | $41.00 to $37.00 |
2016-02-11 | Reiterated Rating | Piper Jaffray Cos. | Overweight | $41.00 to $37.00 |
2016-01-13 | Upgrade | Banc of America Sec | Neutral to Buy | |
2016-01-13 | Upgrade | Bank of America | Neutral to Buy | $37.00 |
2015-11-10 | Downgrade | Monness Crespi & Hardt | Buy to Neutral | |
2015-10-29 | Boost Price Target | Barclays | Overweight | $36.00 to $39.00 |
2015-10-28 | Boost Price Target | SunTrust | $40.00 to $43.00 | |
2015-10-28 | Boost Price Target | Mizuho | Neutral | $30.00 to $34.00 |
2015-10-28 | Boost Price Target | SunTrust Banks Inc. | $40.00 to $43.00 | |
2015-09-16 | Initiated Coverage | Oppenheimer | Market Perform | |
2015-09-16 | Initiated Coverage | Oppenheimer Holdings Inc. | Market Perform | |
2015-08-14 | Boost Price Target | JPMorgan Chase & Co. | $35.00 to $39.00 | |
2015-08-04 | Reiterated Rating | Piper Jaffray | Overweight | $33.00 to $35.00 |
2015-08-03 | Boost Price Target | Keefe, Bruyette & Woods | Market Perform | $31.00 to $32.00 |
2015-08-02 | Reiterated Rating | Barclays | Buy | |
2015-07-31 | Boost Price Target | Barclays | Overweight | $33.00 to $36.00 |
2015-06-30 | Initiated Coverage | Mizuho | Neutral | $30.00 |
2015-06-29 | Reiterated Rating | Piper Jaffray | Overweight | $33.00 |
2015-06-29 | Reiterated Rating | Deutsche Bank | Hold | $32.00 |
2015-06-29 | Initiated Coverage | JPMorgan Chase & Co. | Overweight | $35.00 |
2015-06-29 | Initiated Coverage | Keefe, Bruyette & Woods | Market Perform | $31.00 |
2015-06-29 | Initiated Coverage | SunTrust | Buy | $36.00 |
2015-06-29 | Initiated Coverage | Stephens | Equal Weight | $34.00 |
2015-06-29 | Initiated Coverage | Goldman Sachs | Neutral | $30.00 |
2015-06-29 | Initiated Coverage | Citigroup Inc. | Neutral | |
2015-06-29 | Initiated Coverage | Bank of America | Neutral | $33.00 |
2015-06-29 | Initiated Coverage | Monness Crespi & Hardt | Buy | $36.00 |
2015-06-29 | Initiated Coverage | Knight Equity | Neutral | |
2015-06-29 | Reiterated Rating | Deutsche Bank AG | Hold | $32.00 |
2015-06-29 | Initiated Coverage | Goldman Sachs Group Inc. | Neutral | $30.00 |
2015-06-15 | Initiated Coverage | Barclays | Overweight | $33.00 |
2015-06-15 | Initiated Coverage | Piper Jaffray | Overweight | $33.00 |
2016-05-17 | Reiterated Rating | Bank of America | Buy | |
2016-05-17 | Reiterated Rating | Bank of America Corp. | Buy | |
2016-03-27 | Reiterated Rating | Wells Fargo | Buy | |
2016-03-27 | Reiterated Rating | Wells Fargo & Co. | Buy | |
2016-02-16 | Lower Price Target | Keefe, Bruyette & Woods | Market Perform | $36.00 to $33.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In BKFS 13 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
RS INVESTMENT MANAGEMENT CO LLC | 2.35M |
BlackRock Institutional Trust Company, N.A. | 0.55M |
BlackRock Fund Advisors | 0.23M |
EDGE ASSET MANAGEMENT, INC | 0.18M |
STANDARD PACIFIC CAPITAL LLC/CA | 0.14M |
BLACKROCK ADVISORS LLC | 0.13M |
MANAGED ACCOUNT ADVISORS LLC | 62022 |
RUSSELL FRANK CO/ | 30871 |
BRC Investment Management LLC | 18471 |
Cantab Capital Partners LLP | 18371 |
BlackRock Investment Management, LLC | 10918 |
BlackRock Group LTD | 9400 |
DECADE CAPITAL MANAGEMENT LLC | 3157 |