Segall Bryant & Hamill LLC decreased its holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 7.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,394 shares of the technology company’s stock after selling 1,489 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Jack Henry & Associates were worth $2,151,000 as of its most recent filing with the SEC.
Other large investors have also added to or reduced their stakes in the company. Cerebellum GP LLC bought a new position in shares of Jack Henry & Associates in the fourth quarter worth $165,000. Advisory Services Network LLC grew its stake in shares of Jack Henry & Associates by 1,238.8% in the fourth quarter. Advisory Services Network LLC now owns 1,620 shares of the technology company’s stock worth $189,000 after purchasing an additional 1,499 shares in the last quarter. Allegis Investment Advisors LLC bought a new position in shares of Jack Henry & Associates in the fourth quarter worth $200,000. Wesbanco Bank Inc. bought a new position in shares of Jack Henry & Associates in the fourth quarter worth $215,000. Finally, Pinnacle Financial Partners Inc. bought a new position in shares of Jack Henry & Associates in the fourth quarter worth $219,000. 88.65% of the stock is owned by institutional investors.
In other news, Director Thomas Hampton Jr. Wilson acquired 1,000 shares of the business’s stock in a transaction dated Thursday, February 15th. The stock was acquired at an average price of $119.40 per share, for a total transaction of $119,400.00. Following the completion of the acquisition, the director now directly owns 18,866 shares in the company, valued at approximately $2,252,600.40. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Mark S. Forbis sold 1,014 shares of the company’s stock in a transaction on Monday, March 12th. The shares were sold at an average price of $123.19, for a total value of $124,914.66. The disclosure for this sale can be found here. Corporate insiders own 0.78% of the company’s stock.
Shares of JKHY stock opened at $119.20 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $9,463.76, a price-to-earnings ratio of 38.76, a PEG ratio of 3.30 and a beta of 0.82. Jack Henry & Associates, Inc. has a twelve month low of $91.50 and a twelve month high of $127.31.
Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings data on Tuesday, February 6th. The technology company reported $0.80 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.80. The business had revenue of $374.80 million during the quarter, compared to analyst estimates of $368.84 million. Jack Henry & Associates had a return on equity of 23.11% and a net margin of 23.35%. The company’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.75 earnings per share. analysts forecast that Jack Henry & Associates, Inc. will post 3.38 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 16th. Stockholders of record on Thursday, March 1st were issued a $0.37 dividend. This is a positive change from Jack Henry & Associates’s previous quarterly dividend of $0.31. The ex-dividend date was Wednesday, February 28th. This represents a $1.48 annualized dividend and a dividend yield of 1.24%. Jack Henry & Associates’s dividend payout ratio is 33.41%.
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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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