B. Metzler seel. Sohn & Co. AG Buys New Holdings in ACI Worldwide, Inc. $ACIW

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 51,027 shares of ACI Worldwide in the second quarter, valued at approximately $2.6 million, giving it a 0.05% stake.
• Several other institutional investors also initiated positions, including BlackRock, Value Holdings Management, and Rice Hall James & Associates. Institutions collectively own 94.73% of ACI Worldwide’s shares.
• ACI Worldwide shares opened at $51.86, while analysts maintained a generally positive outlook: the stock carries an average “Buy” rating and a consensus price target of $66.00.

B. Metzler seel. Sohn & Co. AG bought a new position in ACI Worldwide, Inc. (NASDAQ:ACIW - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 51,027 shares of the technology company's stock, valued at approximately $2,566,000. B. Metzler seel. Sohn & Co. AG owned 0.05% of ACI Worldwide at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Value Holdings Management CO. LLC acquired a new stake in shares of ACI Worldwide during the 2nd quarter valued at about $18,150,000. Great Lakes Advisors LLC acquired a new stake in ACI Worldwide during the second quarter valued at approximately $275,000. BlackRock Inc. bought a new stake in shares of ACI Worldwide in the 2nd quarter valued at approximately $823,821,000. Deutsche Bank AG acquired a new position in shares of ACI Worldwide in the 2nd quarter worth approximately $5,600,000. Finally, Rice Hall James & Associates LLC bought a new position in shares of ACI Worldwide during the 2nd quarter worth approximately $50,622,000. Institutional investors own 94.73% of the company's stock.

ACI Worldwide Stock Up 0.6%

Shares of NASDAQ ACIW opened at $51.86 on Friday. ACI Worldwide, Inc. has a 12-month low of $38.05 and a 12-month high of $61.08. The firm's 50-day simple moving average is $53.18 and its 200 day simple moving average is $45.80. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.52. The company has a market cap of $5.24 billion, a price-to-earnings ratio of 23.79 and a beta of 0.97.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. DA Davidson set a $66.00 price objective on ACI Worldwide and gave the stock a "buy" rating in a research note on Friday, August 7th. Zacks Research upgraded shares of ACI Worldwide from a "hold" rating to a "strong-buy" rating in a research report on Thursday. Weiss Ratings raised shares of ACI Worldwide from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, August 17th. Finally, Wall Street Zen cut shares of ACI Worldwide from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $66.00.

ACI Worldwide Profile

ACI Worldwide NASDAQ: ACIW is a global software company that provides electronic payment and banking solutions to financial institutions, merchants and billers. The company's platforms enable real-time processing of credit, debit, ACH, bill payments, faster payments and money transfers, as well as integrated fraud prevention services. Headquartered in Naples, Florida, ACI serves clients across banking, payments and commerce sectors worldwide.

ACI's modular suite of applications can be deployed on-premise, in the cloud or in hybrid environments to meet diverse operational needs.

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