Jack Henry & Associates, Inc. (NASDAQ:JKHY) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 1.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 413,557 shares of the technology company’s stock after acquiring an additional 5,890 shares during the period. Dimensional Fund Advisors LP owned 0.54% of Jack Henry & Associates worth $42,509,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Shelton Capital Management acquired a new stake in shares of Jack Henry & Associates in the 2nd quarter valued at $607,000. BlackRock Inc. lifted its position in Jack Henry & Associates by 36.8% during the 2nd quarter. BlackRock Inc. now owns 8,439,992 shares of the technology company’s stock worth $876,664,000 after acquiring an additional 2,268,592 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in Jack Henry & Associates by 5.9% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 329,360 shares of the technology company’s stock worth $33,855,000 after acquiring an additional 18,284 shares during the last quarter. Tredje AP fonden acquired a new position in Jack Henry & Associates during the 2nd quarter worth $992,000. Finally, Andra AP fonden lifted its position in Jack Henry & Associates by 7.0% during the 3rd quarter. Andra AP fonden now owns 144,714 shares of the technology company’s stock worth $14,875,000 after acquiring an additional 9,514 shares during the last quarter. Institutional investors and hedge funds own 89.04% of the company’s stock.

Shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) opened at $123.73 on Wednesday. The firm has a market cap of $9,529.19, a PE ratio of 39.03, a P/E/G ratio of 3.25 and a beta of 0.77. Jack Henry & Associates, Inc. has a 52 week low of $88.11 and a 52 week high of $124.33.

Jack Henry & Associates (NASDAQ:JKHY) last posted its earnings results on Tuesday, November 7th. The technology company reported $0.76 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.79 by ($0.03). Jack Henry & Associates had a net margin of 17.08% and a return on equity of 23.92%. equities analysts anticipate that Jack Henry & Associates, Inc. will post 3.3 earnings per share for the current fiscal year.

A number of research analysts have weighed in on JKHY shares. Robert W. Baird reissued a “hold” rating and set a $104.00 target price on shares of Jack Henry & Associates in a research report on Tuesday, September 19th. Zacks Investment Research raised shares of Jack Henry & Associates from a “sell” rating to a “hold” rating in a research report on Wednesday, October 18th. Royal Bank of Canada reaffirmed a “hold” rating and set a $96.00 price objective on shares of Jack Henry & Associates in a research report on Friday, October 20th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and set a $112.00 price objective on shares of Jack Henry & Associates in a research report on Wednesday, November 8th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $115.20.

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Jack Henry & Associates Company Profile

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).

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

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