Siemens Fonds Invest GmbH Has $1.41 Million Stock Position in Jack Henry & Associates, Inc. (NASDAQ:JKHY)

Siemens Fonds Invest GmbH lifted its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 569.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,041 shares of the technology company's stock after purchasing an additional 6,839 shares during the period. Siemens Fonds Invest GmbH's holdings in Jack Henry & Associates were worth $1,410,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. National Pension Service bought a new position in Jack Henry & Associates during the 4th quarter worth $27,000. Atala Financial Inc bought a new position in Jack Henry & Associates during the fourth quarter worth about $40,000. Manchester Capital Management LLC raised its stake in 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 worth $42,000 after purchasing an additional 235 shares in the last quarter. Cary Street Partners Financial LLC bought a new stake in Jack Henry & Associates in the 4th quarter valued at about $54,000. Finally, Tortoise Investment Management LLC grew its position in shares of Jack Henry & Associates by 76.9% during the 4th quarter. Tortoise Investment Management LLC now owns 329 shares of the technology company's stock worth $58,000 after purchasing an additional 143 shares in the last quarter. 98.75% of the stock is owned by institutional investors and hedge funds.

Jack Henry & Associates Trading Down 0.5%

NASDAQ JKHY traded down $1.00 on Thursday, hitting $181.99. The company's stock had a trading volume of 122,487 shares, compared to its average volume of 564,598. The company's 50-day moving average is $175.41 and its 200 day moving average is $175.02. The firm has a market cap of $13.25 billion, a PE ratio of 32.85, a PEG ratio of 3.36 and a beta of 0.75. 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 issued its quarterly earnings data on Tuesday, May 6th. The technology company reported $1.52 earnings per share for the quarter, topping 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 net margin of 17.83% and a return on equity of 21.55%. Jack Henry & Associates's revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.19 earnings per share. As a group, analysts predict that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 29th will be paid a $0.58 dividend. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $2.32 annualized dividend and a dividend yield of 1.27%. Jack Henry & Associates's payout ratio is 39.52%.

Analyst Ratings Changes

A number of research firms have recently weighed in on JKHY. Wall Street Zen upgraded shares of Jack Henry & Associates from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. The Goldman Sachs Group upgraded Jack Henry & Associates from a "sell" rating to a "neutral" rating and set a $183.00 target price for the company in a research report on Wednesday, April 2nd. Northcoast Research cut Jack Henry & Associates from a "buy" rating to a "neutral" rating in a research report on Monday, March 10th. 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. Finally, William Blair restated an "outperform" rating on shares of Jack Henry & Associates in a research report on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus 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.