Jack Henry & Associates, Inc. (NASDAQ:JKHY) Shares Acquired by XTX Topco Ltd

XTX Topco Ltd grew its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 6.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,270 shares of the technology company’s stock after purchasing an additional 210 shares during the period. XTX Topco Ltd’s holdings in Jack Henry & Associates were worth $543,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of JKHY. Raymond James Trust N.A. lifted its stake in Jack Henry & Associates by 1.3% during the second quarter. Raymond James Trust N.A. now owns 4,804 shares of the technology company’s stock valued at $798,000 after buying an additional 60 shares in the last quarter. Taylor Frigon Capital Management LLC raised its holdings in shares of Jack Henry & Associates by 0.8% during the first quarter. Taylor Frigon Capital Management LLC now owns 7,558 shares of the technology company’s stock valued at $1,313,000 after acquiring an additional 62 shares during the period. Czech National Bank lifted its position in shares of Jack Henry & Associates by 0.5% in the 1st quarter. Czech National Bank now owns 12,821 shares of the technology company’s stock valued at $2,227,000 after acquiring an additional 65 shares in the last quarter. Advisor OS LLC boosted its stake in Jack Henry & Associates by 1.0% in the 2nd quarter. Advisor OS LLC now owns 6,624 shares of the technology company’s stock worth $1,100,000 after purchasing an additional 65 shares during the period. Finally, Tortoise Investment Management LLC grew its position in Jack Henry & Associates by 76.3% during the 2nd quarter. Tortoise Investment Management LLC now owns 164 shares of the technology company’s stock worth $27,000 after purchasing an additional 71 shares in the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

Jack Henry & Associates Trading Up 0.7 %

Shares of NASDAQ:JKHY opened at $174.85 on Tuesday. Jack Henry & Associates, Inc. has a 1 year low of $136.57 and a 1 year high of $178.37. The firm has a fifty day moving average price of $169.85 and a 200 day moving average price of $167.79. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $12.75 billion, a PE ratio of 33.75, a P/E/G ratio of 3.09 and a beta of 0.64.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings results on Tuesday, August 20th. The technology company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.08. Jack Henry & Associates had a return on equity of 21.63% and a net margin of 17.23%. The company had revenue of $559.91 million during the quarter, compared to the consensus estimate of $563.37 million. During the same quarter in the prior year, the company posted $1.34 EPS. Analysts expect that Jack Henry & Associates, Inc. will post 5.79 EPS for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 6th will be given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date of this dividend is Friday, September 6th. Jack Henry & Associates’s dividend payout ratio is 42.47%.

Analyst Ratings Changes

Several analysts have recently commented on the company. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $181.00 target price on shares of Jack Henry & Associates in a research report on Friday, September 6th. StockNews.com upgraded Jack Henry & Associates from a “hold” rating to a “buy” rating in a research report on Thursday, August 15th. Keefe, Bruyette & Woods upped their target price on Jack Henry & Associates from $178.00 to $180.00 and gave the company a “market perform” rating in a report on Thursday, August 22nd. Evercore ISI raised their price target on shares of Jack Henry & Associates from $172.00 to $175.00 and gave the stock an “in-line” rating in a report on Tuesday, June 25th. Finally, Compass Point initiated coverage on shares of Jack Henry & Associates in a research note on Wednesday, September 4th. They issued a “neutral” rating and a $186.00 price objective on the stock. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Jack Henry & Associates currently has an average rating of “Hold” and a consensus target price of $176.55.

Jack Henry & Associates Profile

Jack Henry & Associates, Inc, a financial technology company that connects people and financial institutions through technology solutions and payment processing services that reduce the barriers to financial health. It operates through four segments: Core, Payments, Complementary, and Corporate and Other.