First National Bank of Omaha maintained its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,417 shares of the technology company’s stock at the end of the second quarter. First National Bank of Omaha’s holdings in Jack Henry & Associates were worth $2,339,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in JKHY. GSA Capital Partners LLP purchased a new position in Jack Henry & Associates during the fourth quarter worth approximately $382,000. Two Sigma Investments LP purchased a new position in Jack Henry & Associates during the fourth quarter worth approximately $559,000. UBS Asset Management Americas Inc. increased its position in Jack Henry & Associates by 175.1% in the fourth quarter. UBS Asset Management Americas Inc. now owns 273,455 shares of the technology company’s stock worth $24,276,000 after buying an additional 174,062 shares in the last quarter. Bath Savings Trust Co increased its position in Jack Henry & Associates by 3.5% in the first quarter. Bath Savings Trust Co now owns 53,995 shares of the technology company’s stock worth $5,026,000 after buying an additional 1,840 shares in the last quarter. Finally, McQueen Ball & Associates Inc. increased its position in Jack Henry & Associates by 0.3% in the first quarter. McQueen Ball & Associates Inc. now owns 8,942 shares of the technology company’s stock worth $833,000 after buying an additional 29 shares in the last quarter. Hedge funds and other institutional investors own 87.67% of the company’s stock.
Shares of Jack Henry & Associates, Inc. (JKHY) traded up 0.03% during trading on Friday, reaching $106.48. The company’s stock had a trading volume of 29,058 shares. Jack Henry & Associates, Inc. has a 52 week low of $79.00 and a 52 week high of $106.98. The company has a market cap of $8.27 billion, a PE ratio of 31.55 and a beta of 0.75. The stock’s 50 day moving average price is $104.52 and its 200 day moving average price is $96.81.
Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings results on Tuesday, May 2nd. The technology company reported $0.77 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.05. The firm had revenue of $353.77 million for the quarter, compared to analyst estimates of $346.75 million. Jack Henry & Associates had a return on equity of 26.86% and a net margin of 18.76%. Equities research analysts predict that Jack Henry & Associates, Inc. will post $3.14 EPS for the current year.
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Separately, Zacks Investment Research downgraded Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th.
In related news, VP Mark S. Forbis sold 900 shares of the business’s stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $96.75, for a total transaction of $87,075.00. Following the transaction, the vice president now directly owns 1,064 shares of the company’s stock, valued at approximately $102,942. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider John F. Prim sold 9,650 shares of the business’s stock in a transaction that occurred on Tuesday, June 13th. The stock was sold at an average price of $103.89, for a total value of $1,002,538.50. Following the transaction, the insider now directly owns 206,164 shares in the company, valued at $21,418,377.96. The disclosure for this sale can be found here. Insiders have sold a total of 13,350 shares of company stock worth $1,383,334 in the last ninety days. Insiders own 0.80% of the company’s stock.
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).
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