Boston Trust Walden Corp Has $47.55 Million Position in Jack Henry & Associates, Inc. (NASDAQ:JKHY)

Boston Trust Walden Corp grew its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 18.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 260,406 shares of the technology company's stock after purchasing an additional 40,859 shares during the period. Boston Trust Walden Corp owned approximately 0.36% of Jack Henry & Associates worth $47,550,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in JKHY. Vanguard Group Inc. boosted its holdings in Jack Henry & Associates by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 8,811,373 shares of the technology company's stock worth $1,544,634,000 after purchasing an additional 157,360 shares during the period. Invesco Ltd. boosted its holdings in Jack Henry & Associates by 29.9% in the fourth quarter. Invesco Ltd. now owns 2,050,900 shares of the technology company's stock worth $359,523,000 after purchasing an additional 471,507 shares during the period. Geode Capital Management LLC boosted its holdings in Jack Henry & Associates by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 1,990,506 shares of the technology company's stock worth $349,796,000 after purchasing an additional 24,709 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of Jack Henry & Associates by 95.4% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,318,691 shares of the technology company's stock valued at $229,057,000 after acquiring an additional 643,697 shares during the period. Finally, Handelsbanken Fonder AB boosted its holdings in shares of Jack Henry & Associates by 8.9% during the first quarter. Handelsbanken Fonder AB now owns 1,007,500 shares of the technology company's stock valued at $183,970,000 after acquiring an additional 82,100 shares during the period. Hedge funds and other institutional investors own 98.75% of the company's stock.

Analyst Ratings Changes

JKHY has been the subject of several analyst reports. Keefe, Bruyette & Woods reduced their price target on shares of Jack Henry & Associates from $190.00 to $183.00 and set a "market perform" rating for the company in a report on Thursday, May 8th. Northcoast Research downgraded shares of Jack Henry & Associates from a "buy" rating to a "neutral" rating in a report on Monday, March 10th. Wall Street Zen raised shares of Jack Henry & Associates from a "hold" rating to a "buy" rating in a report on Monday, May 12th. The Goldman Sachs Group upgraded shares of Jack Henry & Associates from a "sell" rating to a "neutral" rating and set a $183.00 price target on the stock in a research report on Wednesday, April 2nd. Finally, UBS Group dropped their price target on shares of Jack Henry & Associates from $190.00 to $185.00 and set a "neutral" rating on the stock in a research report on Thursday, May 8th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $184.10.

Jack Henry & Associates Stock Up 1.5%

NASDAQ:JKHY traded up $2.74 on Monday, hitting $181.02. 506,135 shares of the company's stock traded hands, compared to its average volume of 572,573. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.04. Jack Henry & Associates, Inc. has a 1 year low of $158.62 and a 1 year high of $196.00. The firm has a 50-day moving average price of $178.06 and a 200-day moving average price of $175.90. The company has a market cap of $13.18 billion, a PE ratio of 30.84, a price-to-earnings-growth ratio of 3.02 and a beta of 0.73.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last released its earnings results on Tuesday, May 6th. The technology company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.23. The company had revenue of $585.09 million for the quarter, compared to analysts' expectations of $585.84 million. Jack Henry & Associates had a return on equity of 22.07% and a net margin of 18.50%. The business's revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.19 EPS. Equities analysts anticipate that Jack Henry & Associates, Inc. will post 5.83 EPS for the current fiscal year.

Jack Henry & Associates Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, May 29th were paid a $0.58 dividend. The ex-dividend date of this dividend was Thursday, May 29th. This represents a $2.32 annualized dividend and a dividend yield of 1.28%. Jack Henry & Associates's payout ratio is 39.52%.

Jack Henry & Associates 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.