Janus Henderson Group PLC Increases Stake in ACI Worldwide, Inc. $ACIW

Janus Henderson Group PLC grew its holdings in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 72.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 328,864 shares of the technology company’s stock after purchasing an additional 138,001 shares during the quarter. Janus Henderson Group PLC’s holdings in ACI Worldwide were worth $13,487,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Allworth Financial LP lifted its stake in shares of ACI Worldwide by 93.5% in the third quarter. Allworth Financial LP now owns 532 shares of the technology company’s stock worth $28,000 after buying an additional 257 shares in the last quarter. Farther Finance Advisors LLC boosted its position in ACI Worldwide by 226.8% during the fourth quarter. Farther Finance Advisors LLC now owns 536 shares of the technology company’s stock worth $26,000 after acquiring an additional 372 shares during the last quarter. Eagle Bay Advisors LLC purchased a new stake in ACI Worldwide during the 4th quarter valued at about $37,000. State of Wyoming purchased a new stake in ACI Worldwide during the 2nd quarter valued at about $37,000. Finally, Geneos Wealth Management Inc. raised its holdings in ACI Worldwide by 73.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 872 shares of the technology company’s stock valued at $48,000 after acquiring an additional 370 shares during the last quarter. Hedge funds and other institutional investors own 94.73% of the company’s stock.

ACI Worldwide Stock Performance

NASDAQ ACIW opened at $57.20 on Wednesday. The stock has a fifty day simple moving average of $50.61 and a 200-day simple moving average of $44.93. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.51. The stock has a market cap of $5.81 billion, a PE ratio of 28.74 and a beta of 0.97. ACI Worldwide, Inc. has a twelve month low of $38.05 and a twelve month high of $61.08.

ACI Worldwide (NASDAQ:ACIW) last issued its quarterly earnings data on Thursday, May 7th. The technology company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.16. ACI Worldwide had a net margin of 11.51% and a return on equity of 16.76%. The firm had revenue of $425.75 million for the quarter, compared to analyst estimates of $410.08 million. During the same period in the previous year, the firm earned $0.51 EPS. ACI Worldwide’s revenue was up 7.9% on a year-over-year basis. Equities analysts anticipate that ACI Worldwide, Inc. will post 2.69 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ACIW shares. Zacks Research raised shares of ACI Worldwide from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Wall Street Zen upgraded ACI Worldwide from a “hold” rating to a “buy” rating in a research report on Saturday, July 25th. Weiss Ratings raised ACI Worldwide from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 30th. Finally, DA Davidson boosted their price objective on ACI Worldwide from $60.00 to $64.00 and gave the stock a “buy” rating in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $64.00.

About ACI Worldwide

ACI Worldwide (NASDAQ:ACIW) is a global software company that provides electronic payment and banking solutions to financial institutions, merchants and billers. The company’s platforms enable real-time processing of credit, debit, ACH, bill payments, faster payments and money transfers, as well as integrated fraud prevention services. Headquartered in Naples, Florida, ACI serves clients across banking, payments and commerce sectors worldwide.

ACI’s modular suite of applications can be deployed on-premise, in the cloud or in hybrid environments to meet diverse operational needs.