Capital Fund Management S.A. Has $9.26 Million Stock Position in Jack Henry & Associates, Inc. (NASDAQ:JKHY)

Capital Fund Management S.A. lifted its stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 113.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 52,795 shares of the technology company's stock after acquiring an additional 28,087 shares during the quarter. Capital Fund Management S.A. owned approximately 0.07% of Jack Henry & Associates worth $9,255,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of JKHY. Vanguard Group Inc. increased its position in shares of Jack Henry & Associates by 1.8% during the 4th 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 last quarter. Invesco Ltd. grew its stake in shares of Jack Henry & Associates by 29.9% in the fourth quarter. Invesco Ltd. now owns 2,050,900 shares of the technology company's stock valued at $359,523,000 after buying an additional 471,507 shares in the last quarter. Geode Capital Management LLC increased its holdings in Jack Henry & Associates by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 1,990,506 shares of the technology company's stock worth $349,796,000 after buying an additional 24,709 shares during the last quarter. JPMorgan Chase & Co. raised its position in Jack Henry & Associates by 7.9% during the third quarter. JPMorgan Chase & Co. now owns 1,791,810 shares of the technology company's stock worth $316,326,000 after acquiring an additional 131,515 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Jack Henry & Associates by 95.4% in 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 last quarter. Institutional investors own 98.75% of the company's stock.

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Jack Henry & Associates Price Performance

Jack Henry & Associates stock traded down $2.07 during mid-day trading on Wednesday, reaching $171.88. 486,522 shares of the company were exchanged, compared to its average volume of 535,054. The company has a fifty day simple moving average of $174.60 and a 200-day simple moving average of $176.25. The firm has a market cap of $12.53 billion, a PE ratio of 31.03, a PEG ratio of 3.36 and a beta of 0.71. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.17 and a quick ratio of 1.17. Jack Henry & Associates, Inc. has a 12 month low of $157.00 and a 12 month high of $196.00.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last released its earnings results on Tuesday, February 4th. The technology company reported $1.34 EPS for the quarter, missing the consensus estimate of $1.37 by ($0.03). Jack Henry & Associates had a net margin of 17.83% and a return on equity of 21.55%. As a group, equities research analysts expect that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current fiscal year.

Jack Henry & Associates Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Thursday, March 6th were issued a dividend of $0.58 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.35%. This is a boost from Jack Henry & Associates's previous quarterly dividend of $0.55. Jack Henry & Associates's payout ratio is 41.88%.

Analyst Ratings Changes

JKHY has been the topic of several recent analyst reports. Northcoast Research lowered shares of Jack Henry & Associates from a "buy" rating to a "neutral" rating in a research note on Monday, March 10th. William Blair reissued an "outperform" rating on shares of Jack Henry & Associates in a report on Tuesday, February 18th. The Goldman Sachs Group raised Jack Henry & Associates from a "sell" rating to a "neutral" rating and set a $183.00 price target for the company in a report on Wednesday, April 2nd. Finally, Wells Fargo & Company assumed coverage on shares of Jack Henry & Associates in a report on Tuesday, January 14th. They issued an "underweight" rating and a $155.00 price objective on the stock. One analyst has rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $186.45.

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.