Jack Henry & Associates, Inc. (NASDAQ:JKHY) Stock Holdings Raised by Axa S.A.

AXA S.A. grew its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 32.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,346 shares of the technology company's stock after purchasing an additional 2,562 shares during the period. AXA S.A.'s holdings in Jack Henry & Associates were worth $1,814,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fortitude Family Office LLC boosted its position in Jack Henry & Associates by 647.4% during the fourth quarter. Fortitude Family Office LLC now owns 142 shares of the technology company's stock worth $25,000 after acquiring an additional 123 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Jack Henry & Associates during the 3rd quarter worth $26,000. National Pension Service acquired a new stake in shares of Jack Henry & Associates during the fourth quarter worth $27,000. ORG Partners LLC acquired a new stake in shares of Jack Henry & Associates during the fourth quarter worth $35,000. Finally, Atala Financial Inc purchased a new stake in shares of Jack Henry & Associates in the fourth quarter valued at $40,000. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. The Goldman Sachs Group raised Jack Henry & Associates from a "sell" rating to a "neutral" rating and set a $183.00 price target on the stock in a research note on Wednesday, April 2nd. UBS Group dropped their price target on shares of Jack Henry & Associates from $190.00 to $185.00 and set a "neutral" rating for the company in a research report on Thursday. Northcoast Research downgraded shares of Jack Henry & Associates from a "buy" rating to a "neutral" rating in a research note on Monday, March 10th. William Blair restated an "outperform" rating on shares of Jack Henry & Associates in a report on Tuesday, February 18th. Finally, Wells Fargo & Company started coverage on Jack Henry & Associates in a research report on Tuesday, January 14th. They issued an "underweight" rating and a $155.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $184.10.

Jack Henry & Associates Stock Up 0.9 %

Jack Henry & Associates stock traded up $1.54 during midday trading on Friday, hitting $180.96. 631,326 shares of the company were exchanged, compared to its average volume of 557,978. The company has a market cap of $13.19 billion, a PE ratio of 32.66, a price-to-earnings-growth ratio of 3.36 and a beta of 0.75. Jack Henry & Associates, Inc. has a fifty-two week low of $157.00 and a fifty-two week high of $196.00. The company's fifty day moving average price is $175.19 and its 200-day moving average price is $175.03. 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 posted its earnings results on Tuesday, May 6th. The technology company reported $1.52 EPS for the quarter, topping analysts' consensus estimates of $1.29 by $0.23. The business had revenue of $585.09 million for the quarter, compared to analysts' expectations of $585.84 million. Jack Henry & Associates had a net margin of 17.83% and a return on equity of 21.55%. The business's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.19 earnings per share. On average, research analysts predict that Jack Henry & Associates, Inc. will post 5.83 EPS for the current fiscal year.

Jack Henry & Associates Company Profile

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.