2,403 Shares in Jack Henry & Associates, Inc. (NASDAQ:JKHY) Purchased by Nomura Holdings Inc.

Nomura Holdings Inc. acquired a new position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,403 shares of the technology company's stock, valued at approximately $421,000.

Several other hedge funds have also added to or reduced their stakes in JKHY. National Pension Service acquired a new stake in shares of Jack Henry & Associates in the 4th quarter valued at about $27,000. Atala Financial Inc acquired a new stake in shares of Jack Henry & Associates in the 4th quarter valued at about $40,000. Manchester Capital Management LLC raised its stake in shares of Jack Henry & Associates by 11,750.0% in the 4th quarter. Manchester Capital Management LLC now owns 237 shares of the technology company's stock valued at $42,000 after purchasing an additional 235 shares during the period. Cary Street Partners Financial LLC acquired a new stake in shares of Jack Henry & Associates in the 4th quarter valued at about $54,000. Finally, Tortoise Investment Management LLC raised its stake in shares of Jack Henry & Associates by 76.9% in the 4th quarter. Tortoise Investment Management LLC now owns 329 shares of the technology company's stock valued at $58,000 after purchasing an additional 143 shares during the period. Institutional investors and hedge funds own 98.75% of the company's stock.

Jack Henry & Associates Stock Performance

Jack Henry & Associates stock traded up $2.59 during midday trading on Tuesday, reaching $184.59. 825,818 shares of the company's stock were exchanged, compared to its average volume of 570,215. Jack Henry & Associates, Inc. has a 52 week low of $157.00 and a 52 week high of $196.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.17 and a current ratio of 1.17. The firm has a market cap of $13.44 billion, a price-to-earnings ratio of 33.32, a P/E/G ratio of 3.36 and a beta of 0.75. The stock's 50-day simple moving average is $175.89 and its 200 day simple moving average is $174.99.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last posted its quarterly 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. Jack Henry & Associates had a return on equity of 21.55% and a net margin of 17.83%. The business had revenue of $585.09 million during the quarter, compared to analysts' expectations of $585.84 million. During the same quarter last year, the company posted $1.19 earnings per share. Jack Henry & Associates's quarterly revenue was up 8.6% on a year-over-year basis. On average, analysts expect that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current fiscal year.

Jack Henry & Associates Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, May 29th will be issued a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend is Thursday, May 29th. Jack Henry & Associates's payout ratio is currently 39.52%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Wall Street Zen raised Jack Henry & Associates from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. 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. Northcoast Research downgraded Jack Henry & Associates from a "buy" rating to a "neutral" rating in a research note on Monday, March 10th. UBS Group lowered their target price on 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. Finally, Keefe, Bruyette & Woods lowered their target price on Jack Henry & Associates from $190.00 to $183.00 and set a "market perform" 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 issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $184.10.

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.