Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in Jack Henry & Associates, Inc. (NASDAQ:JKHY)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 28,373 shares of the technology company's stock, valued at approximately $4,974,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Willis Investment Counsel boosted its stake in shares of Jack Henry & Associates by 1.9% in the 4th quarter. Willis Investment Counsel now owns 3,650 shares of the technology company's stock worth $640,000 after buying an additional 68 shares during the last quarter. Torray Investment Partners LLC boosted its stake in shares of Jack Henry & Associates by 0.7% in the 4th quarter. Torray Investment Partners LLC now owns 10,446 shares of the technology company's stock worth $1,831,000 after buying an additional 76 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Jack Henry & Associates by 3.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,285 shares of the technology company's stock worth $401,000 after buying an additional 79 shares during the last quarter. Mather Group LLC. boosted its stake in shares of Jack Henry & Associates by 12.2% in the 4th quarter. Mather Group LLC. now owns 761 shares of the technology company's stock worth $133,000 after buying an additional 83 shares during the last quarter. Finally, Moran Wealth Management LLC boosted its stake in shares of Jack Henry & Associates by 2.2% in the 4th quarter. Moran Wealth Management LLC now owns 3,871 shares of the technology company's stock worth $679,000 after buying an additional 85 shares during the last quarter. Institutional investors own 98.75% of the company's stock.

Jack Henry & Associates Price Performance

Shares of Jack Henry & Associates stock traded down $0.50 on Thursday, hitting $181.01. 395,885 shares of the company were exchanged, compared to its average volume of 570,224. The stock has a market capitalization of $13.18 billion, a price-to-earnings ratio of 32.67, a price-to-earnings-growth ratio of 3.36 and a beta of 0.75. The company has a 50-day moving average price of $176.39 and a 200 day moving average price of $175.29. Jack Henry & Associates, Inc. has a 1-year low of $157.00 and a 1-year high of $196.00. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.03.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The technology company reported $1.52 EPS for the quarter, beating 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 firm had revenue of $585.09 million for the quarter, compared to analysts' expectations of $585.84 million. During the same period in the prior year, the firm posted $1.19 earnings per share. The firm's quarterly revenue was up 8.6% on a year-over-year basis. As a group, sell-side analysts predict that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current fiscal year.

Jack Henry & Associates Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th will be paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Thursday, May 29th. Jack Henry & Associates's dividend payout ratio (DPR) is 39.52%.

Wall Street Analyst Weigh In

JKHY has been the topic of several analyst reports. 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. 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. William Blair reiterated an "outperform" rating on shares of Jack Henry & Associates in a research report on Tuesday, February 18th. Northcoast Research downgraded Jack Henry & Associates from a "buy" rating to a "neutral" rating in a research report on Monday, March 10th. Finally, Wall Street Zen upgraded Jack Henry & Associates from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. One analyst has rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $184.10.

About Jack Henry & Associates

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.