MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Purchases 2,535 Shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,763 shares of the technology company's stock after acquiring an additional 2,535 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.09% of Jack Henry & Associates worth $11,178,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Laird Norton Wetherby Wealth Management LLC raised its stake in Jack Henry & Associates by 7.4% in the 4th quarter. Laird Norton Wetherby Wealth Management LLC now owns 1,632 shares of the technology company's stock valued at $286,000 after acquiring an additional 113 shares during the period. Janus Henderson Group PLC raised its stake in Jack Henry & Associates by 2.2% in the 4th quarter. Janus Henderson Group PLC now owns 7,824 shares of the technology company's stock valued at $1,372,000 after acquiring an additional 167 shares during the period. Jefferies Financial Group Inc. bought a new stake in Jack Henry & Associates in the 4th quarter valued at about $2,032,000. Focus Partners Wealth bought a new stake in Jack Henry & Associates in the 4th quarter valued at about $219,000. Finally, Ethic Inc. raised its stake in Jack Henry & Associates by 24.8% in the 4th quarter. Ethic Inc. now owns 5,578 shares of the technology company's stock valued at $978,000 after acquiring an additional 1,108 shares during the period. 98.75% of the stock is currently owned by institutional investors.

Jack Henry & Associates Price Performance

JKHY traded up $1.73 on Tuesday, reaching $186.02. The company had a trading volume of 805,668 shares, compared to its average volume of 563,838. The business has a 50 day simple moving average of $175.05 and a 200 day simple moving average of $174.89. The company has a market cap of $13.55 billion, a price-to-earnings ratio of 33.58, a P/E/G ratio of 3.36 and a beta of 0.75. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.17 and a current ratio of 1.17. Jack Henry & Associates, Inc. has a 52-week low of $157.00 and a 52-week high of $196.00.

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 the consensus estimate of $1.29 by $0.23. The firm had revenue of $585.09 million for the quarter, compared to the consensus estimate 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 was up 8.6% compared to the same quarter last year. During the same period last year, the firm posted $1.19 earnings per share. As a group, sell-side analysts anticipate that Jack Henry & Associates, Inc. will post 5.83 EPS for the current year.

Jack Henry & Associates Announces Dividend

The firm 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 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend is Thursday, May 29th. Jack Henry & Associates's dividend payout ratio (DPR) is presently 39.52%.

Analyst Upgrades and Downgrades

JKHY has been the topic of a number of research reports. StockNews.com upgraded Jack Henry & Associates from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. UBS Group cut their price objective 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, May 8th. The Goldman Sachs Group upgraded shares of Jack Henry & Associates from a "sell" rating to a "neutral" rating and set a $183.00 price objective for the company in a research report on Wednesday, April 2nd. Northcoast Research lowered shares of Jack Henry & Associates from a "buy" rating to a "neutral" rating in a research report on Monday, March 10th. Finally, William Blair restated an "outperform" rating on shares of Jack Henry & Associates in a research report on Tuesday, February 18th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price 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.