Jack Henry & Associates, Inc. (NASDAQ:JKHY) Stock Holdings Boosted by Kesler Norman & Wride LLC

Kesler Norman & Wride LLC lifted its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 3.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 32,612 shares of the technology company’s stock after buying an additional 1,038 shares during the period. Jack Henry & Associates makes up 1.2% of Kesler Norman & Wride LLC’s holdings, making the stock its 29th largest position. Kesler Norman & Wride LLC’s holdings in Jack Henry & Associates were worth $5,717,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Willis Investment Counsel lifted its holdings in Jack Henry & Associates by 1.9% in the 4th quarter. Willis Investment Counsel now owns 3,650 shares of the technology company’s stock valued at $640,000 after acquiring an additional 68 shares during the last quarter. Torray Investment Partners LLC lifted its stake in Jack Henry & Associates by 0.7% during the fourth quarter. Torray Investment Partners LLC now owns 10,446 shares of the technology company’s stock valued at $1,831,000 after purchasing an additional 76 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Jack Henry & Associates by 3.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,285 shares of the technology company’s stock worth $401,000 after buying an additional 79 shares in the last quarter. Signal Advisors Wealth LLC grew its position in Jack Henry & Associates by 4.0% in the fourth quarter. Signal Advisors Wealth LLC now owns 2,166 shares of the technology company’s stock worth $380,000 after buying an additional 83 shares during the last quarter. Finally, Wedmont Private Capital increased its holdings in shares of Jack Henry & Associates by 7.2% in the fourth quarter. Wedmont Private Capital now owns 1,239 shares of the technology company’s stock valued at $213,000 after buying an additional 83 shares in the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

Jack Henry & Associates Trading Up 0.8 %

NASDAQ JKHY opened at $184.02 on Wednesday. The company has a market capitalization of $13.41 billion, a PE ratio of 33.22, a price-to-earnings-growth ratio of 3.36 and a beta of 0.65. Jack Henry & Associates, Inc. has a 1-year low of $157.00 and a 1-year high of $196.00. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.03. The firm’s fifty day simple moving average is $175.03 and its 200-day simple moving average is $176.44.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings results on Tuesday, February 4th. The technology company reported $1.34 earnings per share for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.03). Jack Henry & Associates had a return on equity of 21.55% and a net margin of 17.83%. As a group, sell-side analysts anticipate that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current fiscal year.

Jack Henry & Associates Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Thursday, March 6th were paid a dividend of $0.58 per share. This is a positive change from Jack Henry & Associates’s previous quarterly dividend of $0.55. The ex-dividend date was Thursday, March 6th. This represents a $2.32 annualized dividend and a dividend yield of 1.26%. Jack Henry & Associates’s dividend payout ratio is 41.88%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. William Blair restated an “outperform” rating on shares of Jack Henry & Associates in a report on Tuesday, February 18th. Northcoast Research cut Jack Henry & Associates from a “buy” rating to a “neutral” rating in a research note on Monday, March 10th. Finally, Wells Fargo & Company began coverage on shares of Jack Henry & Associates in a research note on Tuesday, January 14th. They set an “underweight” rating and a $155.00 price objective for the company. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $186.80.

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.