Were Analysts Bearish Jack Henry & Associates, Inc. (NASDAQ:JKHY) This Week?

May 24, 2018 - By Vivian Currie

Jack Henry & Associates, Inc. (NASDAQ:JKHY) LogoInvestors sentiment decreased to 0.87 in Q4 2017. Its down 0.16, from 1.03 in 2017Q3. It worsened, as 29 investors sold Jack Henry & Associates, Inc. shares while 145 reduced holdings. 46 funds opened positions while 106 raised stakes. 61.80 million shares or 6.38% less from 66.01 million shares in 2017Q3 were reported.
Ajo L P reported 0.01% stake. Bb&T Secs Lc reported 14,734 shares or 0.02% of all its holdings. Voya Management Ltd Liability Com holds 34,325 shares. Hikari Limited holds 0.19% or 13,700 shares. Millennium Ltd Llc holds 8,324 shares or 0% of its portfolio. 56,250 were accumulated by Point72 Asset Management L P. State Teachers Retirement holds 113,641 shares or 0.03% of its portfolio. Jacobson & Schmitt Advsrs invested 3.1% in Jack Henry & Associates, Inc. (NASDAQ:JKHY). Barclays Public Ltd invested in 0.01% or 112,376 shares. Bkd Wealth Advisors Limited Co owns 171,685 shares or 2.01% of their US portfolio. Benjamin F Edwards & holds 0.1% of its portfolio in Jack Henry & Associates, Inc. (NASDAQ:JKHY) for 7,951 shares. Ww Asset Mngmt invested 0.02% in Jack Henry & Associates, Inc. (NASDAQ:JKHY). Service Automobile Association holds 14,561 shares. Douglass Winthrop Advsrs holds 0.02% or 3,142 shares in its portfolio. Congress Asset Mngmt Co Ma accumulated 786,312 shares.

Since February 15, 2018, it had 1 buying transaction, and 2 selling transactions for $869,608 activity. Wilson Thomas Hampton Jr. bought $119,398 worth of Jack Henry & Associates, Inc. (NASDAQ:JKHY) on Thursday, February 15. Shares for $864,096 were sold by Foss David B on Tuesday, March 13.

Jack Henry & Associates, Inc. (NASDAQ:JKHY) Ratings Coverage

Among 5 analysts covering Jack Henry \u0026 Associates (NASDAQ:JKHY), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Jack Henry \u0026 Associates had 6 analyst reports since December 6, 2017 according to SRatingsIntel. On Wednesday, January 24 the stock rating was maintained by Robert W. Baird with “Neutral”. The rating was maintained by RBC Capital Markets on Thursday, January 4 with “Hold”. RBC Capital Markets maintained the shares of JKHY in report on Wednesday, February 7 with “Hold” rating. The firm has “In-Line” rating by Evercore given on Wednesday, December 6. Stephens maintained Jack Henry & Associates, Inc. (NASDAQ:JKHY) on Monday, February 5 with “Hold” rating. Below is a list of Jack Henry & Associates, Inc. (NASDAQ:JKHY) latest ratings and price target changes.

07/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $127.0 Maintain
05/02/2018 Broker: Stephens Rating: Hold New Target: $118.0 Maintain
24/01/2018 Broker: Robert W. Baird Old Rating: Neutral New Rating: Neutral Old Target: $114 New Target: $128 Maintain
23/01/2018 Broker: DA Davidson Rating: Neutral New Target: $118 Initiates Coverage On
04/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $123.0 Maintain
06/12/2017 Broker: Evercore Old Rating: Sell New Rating: In-Line Upgrade

The stock increased 0.72% or $0.88 during the last trading session, reaching $122.65. About 101,661 shares traded. Jack Henry & Associates, Inc. (NASDAQ:JKHY) has risen 27.88% since May 24, 2017 and is uptrending. It has outperformed by 16.33% the S&P500.

Jack Henry & Associates, Inc. provides technology solutions and payment processing services primarily for financial services organizations in the United States. The company has market cap of $9.48 billion. The firm offers information and transaction processing solutions for banks ranging from community to multi-billion dollar institutions under the Jack Henry Banking brand; core data processing solutions for various credit unions under the Symitar brand; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial institutions and corporate entities under the ProfitStars brand. It has a 27.77 P/E ratio. It also provides a suite of integrated applications required to process deposit, loan, and general ledger transactions, as well as to maintain centralized customer/member information; and complementary services and products that enable core bank and credit union clients to respond to evolving customer/member demands.

More recent Jack Henry & Associates, Inc. (NASDAQ:JKHY) news were published by: Seekingalpha.com which released: “Jack Henry & Associates (JKHY) Q3 2018 Results – Earnings Call Transcript” on May 02, 2018. Also Prnewswire.com published the news titled: “ProfitStars Moves Imaging Suite to the Cloud” on May 17, 2018. Globenewswire.com‘s news article titled: “Investor Expectations to Drive Momentum within Jack Henry & Associates, The Providence Service, Farmer Brothers …” with publication date: May 24, 2018 was also an interesting one.

Jack Henry & Associates, Inc. (NASDAQ:JKHY) Institutional Positions Chart

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