EntryPoint Capital LLC Has $632,000 Position in Jack Henry & Associates, Inc. (NASDAQ:JKHY)

EntryPoint Capital LLC trimmed its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 3.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,605 shares of the technology company’s stock after selling 139 shares during the period. EntryPoint Capital LLC’s holdings in Jack Henry & Associates were worth $632,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. D.A. Davidson & CO. grew its stake in shares of Jack Henry & Associates by 1.2% in the third quarter. D.A. Davidson & CO. now owns 4,969 shares of the technology company’s stock valued at $877,000 after buying an additional 61 shares in the last quarter. Townsquare Capital LLC lifted its stake in Jack Henry & Associates by 0.7% in the third quarter. Townsquare Capital LLC now owns 9,601 shares of the technology company’s stock valued at $1,695,000 after acquiring an additional 67 shares during the last quarter. Willis Investment Counsel grew its position in shares of 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 period. Torray Investment Partners LLC increased its stake in shares of Jack Henry & Associates by 0.7% during the 4th quarter. Torray Investment Partners LLC now owns 10,446 shares of the technology company’s stock worth $1,831,000 after purchasing an additional 76 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Jack Henry & Associates by 3.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,285 shares of the technology company’s stock valued at $401,000 after purchasing an additional 79 shares during the period. Institutional investors own 98.75% of the company’s stock.

Analyst Upgrades and Downgrades

JKHY has been the subject of a number of research analyst reports. Northcoast Research cut Jack Henry & Associates from a “buy” rating to a “neutral” rating in a report on Monday, March 10th. StockNews.com lowered Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Tuesday, November 26th. William Blair reaffirmed an “outperform” rating on shares of Jack Henry & Associates in a report on Tuesday, February 18th. Finally, Wells Fargo & Company began coverage on shares of Jack Henry & Associates in a research report 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 given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $186.80.

Jack Henry & Associates Trading Down 0.1 %

JKHY stock opened at $172.82 on Tuesday. Jack Henry & Associates, Inc. has a 52 week low of $157.00 and a 52 week high of $196.00. The company has a market capitalization of $12.60 billion, a PE ratio of 31.20, a price-to-earnings-growth ratio of 3.36 and a beta of 0.65. The company’s 50-day simple moving average is $174.21 and its 200 day simple moving average is $176.18. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.17 and a current ratio of 1.17.

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

Jack Henry & Associates Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Thursday, March 6th will be paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Thursday, March 6th. This is a positive change from Jack Henry & Associates’s previous quarterly dividend of $0.55. Jack Henry & Associates’s dividend payout ratio (DPR) is 41.88%.

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.