BLI Banque de Luxembourg Investments Sells 6,000 Shares of Jack Henry & Associates, Inc. $JKHY

BLI Banque de Luxembourg Investments lowered its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 5.7% during the 4th quarter, Holdings Channel reports. The firm owned 99,400 shares of the technology company’s stock after selling 6,000 shares during the quarter. BLI Banque de Luxembourg Investments’ holdings in Jack Henry & Associates were worth $18,349,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Advisory Services Network LLC grew its stake in Jack Henry & Associates by 2.6% in the second quarter. Advisory Services Network LLC now owns 2,745 shares of the technology company’s stock worth $466,000 after purchasing an additional 69 shares in the last quarter. DNB Asset Management AS grew its stake in Jack Henry & Associates by 0.6% in the fourth quarter. DNB Asset Management AS now owns 13,261 shares of the technology company’s stock worth $2,420,000 after purchasing an additional 76 shares in the last quarter. Huntington National Bank grew its stake in Jack Henry & Associates by 14.5% in the third quarter. Huntington National Bank now owns 615 shares of the technology company’s stock worth $92,000 after purchasing an additional 78 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its holdings in Jack Henry & Associates by 4.0% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 2,012 shares of the technology company’s stock worth $367,000 after buying an additional 78 shares during the period. Finally, Tidal Investments LLC lifted its holdings in Jack Henry & Associates by 0.4% during the second quarter. Tidal Investments LLC now owns 19,435 shares of the technology company’s stock worth $3,502,000 after buying an additional 79 shares during the period. Institutional investors own 98.75% of the company’s stock.

Insider Buying and Selling at Jack Henry & Associates

In other Jack Henry & Associates news, CFO Mimi Carsley acquired 375 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was purchased at an average price of $134.12 per share, for a total transaction of $50,295.00. Following the acquisition, the chief financial officer owned 6,007 shares in the company, valued at approximately $805,658.84. This trade represents a 6.66% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gregory R. Adelson acquired 2,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were acquired at an average price of $133.42 per share, with a total value of $266,840.00. Following the acquisition, the chief executive officer owned 21,036 shares in the company, valued at approximately $2,806,623.12. The trade was a 10.51% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 0.60% of the company’s stock.

Jack Henry & Associates Stock Down 2.9%

Jack Henry & Associates stock opened at $126.37 on Tuesday. The business has a fifty day moving average of $146.46 and a two-hundred day moving average of $164.94. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.04. The firm has a market cap of $8.98 billion, a P/E ratio of 17.67, a P/E/G ratio of 1.90 and a beta of 0.58. Jack Henry & Associates, Inc. has a twelve month low of $126.14 and a twelve month high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY) last issued its quarterly earnings data on Tuesday, May 5th. The technology company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.43 by $0.28. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The firm had revenue of $615.93 million during the quarter, compared to analyst estimates of $619.67 million. During the same quarter in the prior year, the business posted $1.52 EPS. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, analysts forecast that Jack Henry & Associates, Inc. will post 6.84 earnings per share for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, June 1st will be issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Monday, June 1st. Jack Henry & Associates’s dividend payout ratio is currently 34.13%.

Analyst Upgrades and Downgrades

JKHY has been the subject of a number of analyst reports. Weiss Ratings lowered Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. Loop Capital initiated coverage on Jack Henry & Associates in a report on Tuesday, March 31st. They set a “buy” rating and a $197.00 target price for the company. The Goldman Sachs Group lowered their target price on Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Royal Bank Of Canada lowered their target price on Jack Henry & Associates from $210.00 to $180.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Finally, Morgan Stanley set a $170.00 target price on Jack Henry & Associates in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $192.08.

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc is a leading provider of technology solutions and payment processing services for the financial services industry. Founded in 1976 and headquartered in Monett, Missouri, the company develops and supports a comprehensive suite of software and services designed to help banks, credit unions and other financial institutions streamline operations, improve customer engagement and manage risk.

The company’s core processing platforms deliver end-to-end account processing, general ledger, deposit operations and loan servicing functionality.