Jack Henry & Associates, Inc. (NASDAQ:JKHY) Shares Purchased by Boston Trust Walden Corp

Boston Trust Walden Corp lifted its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 3.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 219,547 shares of the technology company’s stock after purchasing an additional 8,133 shares during the period. Boston Trust Walden Corp’s holdings in Jack Henry & Associates were worth $38,487,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Cetera Investment Advisers raised its holdings in Jack Henry & Associates by 23.0% during the second quarter. Cetera Investment Advisers now owns 19,479 shares of the technology company’s stock worth $3,234,000 after purchasing an additional 3,636 shares during the last quarter. Czech National Bank grew its position in shares of Jack Henry & Associates by 6.9% in the third quarter. Czech National Bank now owns 14,850 shares of the technology company’s stock valued at $2,622,000 after purchasing an additional 959 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Jack Henry & Associates by 10.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,685 shares of the technology company’s stock worth $297,000 after purchasing an additional 158 shares in the last quarter. Dynamic Advisor Solutions LLC raised its position in shares of Jack Henry & Associates by 3.4% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 4,277 shares of the technology company’s stock worth $755,000 after purchasing an additional 139 shares during the last quarter. Finally, FCF Advisors LLC lifted its stake in Jack Henry & Associates by 14.2% in the 3rd quarter. FCF Advisors LLC now owns 9,130 shares of the technology company’s stock valued at $1,612,000 after buying an additional 1,132 shares in the last quarter. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Jack Henry & Associates Stock Up 0.4 %

JKHY opened at $174.78 on Tuesday. Jack Henry & Associates, Inc. has a 1 year low of $157.00 and a 1 year high of $189.63. The firm has a 50 day moving average price of $174.78 and a 200 day moving average price of $174.65. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.11 and a current ratio of 1.11. The company has a market cap of $12.75 billion, a PE ratio of 32.01, a price-to-earnings-growth ratio of 3.47 and a beta of 0.61.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings data on Tuesday, November 5th. The technology company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.02. The company had revenue of $600.98 million during the quarter, compared to analyst estimates of $599.56 million. Jack Henry & Associates had a net margin of 17.79% and a return on equity of 21.81%. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 earnings per share. Sell-side analysts expect that Jack Henry & Associates, Inc. will post 5.81 earnings per share for the current year.

Jack Henry & Associates Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 2nd were given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend was Monday, December 2nd. Jack Henry & Associates’s dividend payout ratio (DPR) is presently 40.29%.

Analyst Ratings Changes

Several equities analysts have weighed in on JKHY shares. Keefe, Bruyette & Woods raised their price target on Jack Henry & Associates from $180.00 to $190.00 and gave the stock a “market perform” rating in a research report on Thursday, November 7th. Stephens restated an “equal weight” rating and set a $170.00 target price on shares of Jack Henry & Associates in a research report on Wednesday, November 6th. Robert W. Baird raised their price objective on Jack Henry & Associates from $186.00 to $195.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. UBS Group lifted their price objective on Jack Henry & Associates from $180.00 to $190.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Finally, StockNews.com downgraded Jack Henry & Associates from a “buy” rating to a “hold” rating in a research report on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $186.80.

Insiders Place Their Bets

In related news, insider David B. Foss sold 18,770 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $171.32, for a total transaction of $3,215,676.40. Following the sale, the insider now directly owns 138,665 shares in the company, valued at approximately $23,756,087.80. This trade represents a 11.92 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.37% of the stock is currently owned by insiders.

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.