YorkBridge Wealth Partners LLC raised its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 4.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,088 shares of the technology company’s stock after purchasing an additional 45 shares during the period. YorkBridge Wealth Partners LLC’s holdings in Jack Henry & Associates were worth $112,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. BlackRock Inc. raised its stake in shares of Jack Henry & Associates by 36.8% in the second quarter. BlackRock Inc. now owns 8,439,992 shares of the technology company’s stock worth $876,664,000 after purchasing an additional 2,268,592 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Jack Henry & Associates by 3.0% during the second quarter. Vanguard Group Inc. now owns 7,375,430 shares of the technology company’s stock valued at $766,086,000 after purchasing an additional 212,291 shares in the last quarter. State Street Corp lifted its holdings in shares of Jack Henry & Associates by 3.2% during the first quarter. State Street Corp now owns 2,077,039 shares of the technology company’s stock valued at $193,370,000 after purchasing an additional 65,174 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Jack Henry & Associates by 1.3% during the second quarter. Bank of New York Mellon Corp now owns 1,264,616 shares of the technology company’s stock valued at $131,356,000 after purchasing an additional 15,662 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in shares of Jack Henry & Associates by 0.3% during the second quarter. Robeco Institutional Asset Management B.V. now owns 953,431 shares of the technology company’s stock valued at $99,032,000 after purchasing an additional 2,887 shares in the last quarter. 91.66% of the stock is owned by institutional investors and hedge funds.

In related news, VP Mark S. Forbis sold 2,600 shares of the company’s stock in a transaction that occurred on Wednesday, September 20th. The stock was sold at an average price of $101.16, for a total value of $263,016.00. Following the sale, the vice president now owns 1,696 shares in the company, valued at $171,567.36. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Kevin D. Williams sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $101.63, for a total value of $2,032,600.00. Following the completion of the sale, the insider now owns 43,314 shares in the company, valued at approximately $4,402,001.82. The disclosure for this sale can be found here. Insiders own 0.80% of the company’s stock.

Jack Henry & Associates, Inc. (NASDAQ JKHY) traded up 0.11% during midday trading on Monday, reaching $102.90. 9,064 shares of the company’s stock were exchanged. The stock’s 50-day moving average is $102.83 and its 200-day moving average is $100.55. Jack Henry & Associates, Inc. has a 12-month low of $79.00 and a 12-month high of $109.67. The stock has a market capitalization of $7.97 billion, a price-to-earnings ratio of 32.77 and a beta of 0.75.

Jack Henry & Associates (NASDAQ:JKHY) last released its earnings results on Tuesday, August 15th. The technology company reported $0.83 earnings per share for the quarter, hitting the consensus estimate of $0.83. Jack Henry & Associates had a net margin of 17.17% and a return on equity of 24.65%. The company had revenue of $383.77 million for the quarter, compared to the consensus estimate of $372.98 million. During the same quarter in the previous year, the firm earned $1.06 EPS. Jack Henry & Associates’s revenue was up 4.6% compared to the same quarter last year. On average, equities analysts forecast that Jack Henry & Associates, Inc. will post $3.28 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 28th. Stockholders of record on Friday, September 8th were paid a dividend of $0.31 per share. The ex-dividend date was Thursday, September 7th. This represents a $1.24 annualized dividend and a dividend yield of 1.21%. Jack Henry & Associates’s payout ratio is currently 39.49%.

Several research firms recently commented on JKHY. Robert W. Baird reaffirmed a “hold” rating and set a $104.00 price objective on shares of Jack Henry & Associates in a research report on Tuesday, September 19th. Zacks Investment Research raised Jack Henry & Associates from a “sell” rating to a “hold” rating in a research report on Wednesday, September 13th. Cantor Fitzgerald began coverage on Jack Henry & Associates in a research report on Monday, August 28th. They issued an “overweight” rating and a $112.00 target price for the company. BidaskClub cut shares of Jack Henry & Associates from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 19th. Finally, Stephens restated an “equal weight” rating and set a $97.00 target price (up previously from $93.00) on shares of Jack Henry & Associates in a research note on Friday, August 18th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $107.50.

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About Jack Henry & Associates

Jack Henry & Associates, Inc is a provider of information processing solutions for community banks. The Company offers a range of products and services, including processing transactions, automating business processes, and managing information financial institutions and diverse corporate entities. It operates in two segments: bank systems and services (Bank) and credit union systems and services (Credit Union).

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Institutional Ownership by Quarter for Jack Henry & Associates (NASDAQ:JKHY)

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