Keybank National Association OH Reduces Holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY)

Share on StockTwits

Keybank National Association OH lowered its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 14.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,271 shares of the technology company’s stock after selling 899 shares during the period. Keybank National Association OH’s holdings in Jack Henry & Associates were worth $769,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Flagship Harbor Advisors LLC raised its stake in shares of Jack Henry & Associates by 38.7% during the second quarter. Flagship Harbor Advisors LLC now owns 258 shares of the technology company’s stock valued at $34,000 after purchasing an additional 72 shares during the period. TrinityPoint Wealth LLC increased its stake in shares of Jack Henry & Associates by 4.3% in the second quarter. TrinityPoint Wealth LLC now owns 1,888 shares of the technology company’s stock worth $258,000 after buying an additional 77 shares during the last quarter. Unigestion Holding SA increased its stake in shares of Jack Henry & Associates by 0.8% in the second quarter. Unigestion Holding SA now owns 10,166 shares of the technology company’s stock worth $1,361,000 after buying an additional 84 shares during the last quarter. CWM LLC increased its stake in shares of Jack Henry & Associates by 40.9% in the third quarter. CWM LLC now owns 310 shares of the technology company’s stock worth $45,000 after buying an additional 90 shares during the last quarter. Finally, Advisor Partners LLC increased its stake in shares of Jack Henry & Associates by 2.5% in the third quarter. Advisor Partners LLC now owns 3,861 shares of the technology company’s stock worth $564,000 after buying an additional 95 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

In other news, VP Ronald L. Moses sold 1,800 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $146.60, for a total transaction of $263,880.00. Following the completion of the transaction, the vice president now owns 1,838 shares of the company’s stock, valued at $269,450.80. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Mark S. Forbis sold 1,479 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $148.29, for a total transaction of $219,320.91. Following the transaction, the vice president now directly owns 1,621 shares of the company’s stock, valued at approximately $240,378.09. The disclosure for this sale can be found here. Insiders own 0.85% of the company’s stock.

Several research firms have weighed in on JKHY. Zacks Investment Research upgraded shares of Jack Henry & Associates from a “hold” rating to a “buy” rating and set a $155.00 target price for the company in a research note on Thursday, November 7th. Atlantic Securities began coverage on shares of Jack Henry & Associates in a research note on Tuesday, September 3rd. They set a “neutral” rating and a $147.00 target price for the company. Wells Fargo & Co boosted their target price on shares of Jack Henry & Associates from $160.00 to $165.00 and gave the company an “outperform” rating in a research note on Wednesday, November 6th. ValuEngine upgraded shares of Jack Henry & Associates from a “buy” rating to a “strong-buy” rating in a research note on Monday, September 30th. Finally, BidaskClub upgraded shares of Jack Henry & Associates from a “sell” rating to a “hold” rating in a research note on Thursday, November 7th. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Jack Henry & Associates has a consensus rating of “Buy” and a consensus target price of $154.20.

Shares of JKHY traded up $1.42 during midday trading on Wednesday, hitting $148.73. 5,965 shares of the stock traded hands, compared to its average volume of 439,298. Jack Henry & Associates, Inc. has a 1-year low of $120.20 and a 1-year high of $151.66. The firm has a market capitalization of $11.50 billion, a PE ratio of 42.18, a price-to-earnings-growth ratio of 3.54 and a beta of 0.88. The business’s 50 day moving average price is $143.73 and its two-hundred day moving average price is $140.37.

Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings results on Monday, November 4th. The technology company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.12. Jack Henry & Associates had a net margin of 17.38% and a return on equity of 19.41%. The company had revenue of $438.00 million during the quarter, compared to the consensus estimate of $420.34 million. During the same quarter in the previous year, the company posted $1.08 earnings per share. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. As a group, equities analysts forecast that Jack Henry & Associates, Inc. will post 3.67 earnings per share for the current fiscal year.

Jack Henry & Associates Profile

Jack Henry & Associates, Inc provides technology solutions and payment processing services primarily for financial services organizations in the United States. The company offers information and transaction processing solutions for banks ranging from community to multi-billion dollar institutions under the Jack Henry Banking brand; core data processing solutions for various credit unions under the Symitar brand; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial institutions and corporate entities under the ProfitStars brand.

Further Reading: What is a Call Option?

Want to see what other hedge funds are holding JKHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jack Henry & Associates, Inc. (NASDAQ:JKHY).

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

Receive News & Ratings for Jack Henry & Associates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jack Henry & Associates and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Landstar System’s  “Hold” Rating Reaffirmed at Cowen
Landstar System’s “Hold” Rating Reaffirmed at Cowen
Citigroup Increases Aecom  Price Target to $51.00
Citigroup Increases Aecom Price Target to $51.00
Verra Mobility  Downgraded by Zacks Investment Research to “Sell”
Verra Mobility Downgraded by Zacks Investment Research to “Sell”
Fortive  Upgraded at Morgan Stanley
Fortive Upgraded at Morgan Stanley
Upfiring  One Day Trading Volume Hits $3,836.00
Upfiring One Day Trading Volume Hits $3,836.00
Endor Protocol  Price Reaches $0.0030 on Exchanges
Endor Protocol Price Reaches $0.0030 on Exchanges


© 2006-2019 Ticker Report