6 days Ago By Defense World Staff
Wellington Management Group LLP increased its holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY – Free Report) by 17.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor owned 2,886 shares of the technology company’s stock after acquiring an additional 423 shares during the period. Wellington Management Group LLP’s holdings in Jack Henry & Associates were worth $506,000 at the end of the most recent quarter. Several other large investors have also recently made changes to their positions in JKHY.
Fortitude Family Office LLC raised its stake in shares of Jack Henry & Associates by 647.4% in the fourth quarter. Fortitude Family Office LLC now owns 142 shares of the technology company’s stock valued at $25,000 after buying an additional 123 shares during the period.
Wilmington Savings Fund Society FSB purchased a new stake in shares of Jack Henry & Associates in the 3rd quarter valued at about $26,000. National Pension Service bought a new stake in Jack Henry & Associates during the fourth quarter valued at approximately $27,000. ORG Partners LLC bought a new stake in shares of Jack Henry & Associates during the 4th quarter worth $35,000.
Finally, Atala Financial Inc bought a new stake in Jack Henry & Associates during the fourth quarter worth about $40,000. 98.75% of the stock is owned by hedge funds and other institutional investors.
Jack Henry & Associates Stock Up 0.6 %JKHY stock opened at $173.85 on Tuesday.
Jack Henry & Associates, Inc. has a 1-year low of $157.00 and a 1-year high of $196.
00. The business has a fifty day moving average price of $174.60 and a 200-day moving average price of $176.
26. The stock has a market capitalization of $12.67 billion, a P/E ratio of 31.
38, a P/E/G ratio of 3.36 and a beta of 0.71.
The company has a debt-to-equity ratio of 0.03, a current ratio of 1.17 and a quick ratio of 1.
17. Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) last announced its earnings results on Tuesday, February 4th. The technology company reported $1.
34 earnings per share for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.03).
Jack Henry & Associates had a net margin of 17.83% and a return on equity of 21.55%.
Equities analysts forecast that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current fiscal year.
Jack Henry & Associates Increases DividendThe firm also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Thursday, March 6th were paid a dividend of $0.58 per share.
This represents a $2.32 annualized dividend and a dividend yield of 1.33%.
The ex-dividend date was Thursday, March 6th. This is a boost from Jack Henry & Associates’s previous quarterly dividend of $0.55.
Jack Henry & Associates’s dividend payout ratio (DPR) is currently 41.88%. Analyst Upgrades and DowngradesA number of equities research analysts have recently issued reports on the stock.
Wells Fargo & Company began coverage on shares of Jack Henry & Associates in a research note on Tuesday, January 14th. They issued an “underweight” rating and a $155.00 price objective for the company.
William Blair reissued an “outperform” rating on shares of Jack Henry & Associates in a research note on Tuesday, February 18th. The Goldman Sachs Group raised shares of Jack Henry & Associates from a “sell” rating to a “neutral” rating and set a $183.00 price target for the company in a research note on Wednesday, April 2nd.
Finally, Northcoast Research lowered Jack Henry & Associates from a “buy” rating to a “neutral” rating in a research report on Monday, March 10th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Jack Henry & Associates has a consensus rating of “Hold” and a consensus target price of $186.
45.Get Our Latest Stock Analysis on JKHYJack Henry & Associates Company Profile (Free Report)Jack Henry & Associates, Inc is a financial technology company, which engages in the provision of technology solutions and payment processing services. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other.
The Core segment provides core information processing platforms to banks and credit unions which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer and member information.Featured StoriesFive stocks we like better than Jack Henry & AssociatesAre Penny Stocks a Good Fit for Your Portfolio?Why NVIDIA Stock Could Soar Despite Wall Street DowngradesBusiness Services Stocks InvestingTop 3 Large Cap Stocks Insiders Bought in Q1: Buy, Sell, or HoldDiversification Can Smooth Returns And Mitigate Portfolio Risk3 Hot New IPOs Defying the 2025 Market SlumpWant to see what other hedge funds are holding JKHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jack Henry & Associates, Inc.
(NASDAQ:JKHY – Free Report)..
