UBS Group AG Has $144.17 Million Stock Position in Jack Henry & Associates, Inc. $JKHY

UBS Group AG decreased its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 6.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 790,064 shares of the technology company’s stock after selling 56,938 shares during the period. UBS Group AG’s holdings in Jack Henry & Associates were worth $144,171,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CYBER HORNET ETFs LLC acquired a new position in Jack Henry & Associates during the second quarter valued at approximately $35,000. Caitong International Asset Management Co. Ltd grew its holdings in Jack Henry & Associates by 3,900.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock valued at $30,000 after purchasing an additional 195 shares during the last quarter. MUFG Securities EMEA plc acquired a new position in Jack Henry & Associates during the second quarter valued at approximately $39,000. Quent Capital LLC acquired a new position in Jack Henry & Associates during the third quarter valued at approximately $33,000. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in Jack Henry & Associates by 82.4% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 259 shares of the technology company’s stock valued at $47,000 after purchasing an additional 117 shares during the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

Jack Henry & Associates Price Performance

Shares of JKHY stock opened at $153.75 on Friday. The stock has a market cap of $11.10 billion, a P/E ratio of 22.09, a price-to-earnings-growth ratio of 2.31 and a beta of 0.72. Jack Henry & Associates, Inc. has a one year low of $144.12 and a one year high of $193.39. The stock has a fifty day moving average price of $159.16 and a 200 day moving average price of $168.06. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.60 and a quick ratio of 1.60.

Jack Henry & Associates (NASDAQ:JKHY) last issued its earnings results on Tuesday, February 3rd. The technology company reported $1.72 EPS for the quarter, topping the consensus estimate of $1.43 by $0.29. The firm had revenue of $611.18 million during the quarter, compared to analysts’ expectations of $608.46 million. Jack Henry & Associates had a return on equity of 23.75% and a net margin of 20.59%.Jack Henry & Associates’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period last year, the business earned $1.34 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. Analysts predict that Jack Henry & Associates, Inc. will post 6.67 earnings per share for the current year.

Jack Henry & Associates Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Thursday, March 5th were paid a $0.61 dividend. The ex-dividend date was Thursday, March 5th. This represents a $2.44 annualized dividend and a dividend yield of 1.6%. This is a boost from Jack Henry & Associates’s previous quarterly dividend of $0.58. Jack Henry & Associates’s dividend payout ratio is presently 35.06%.

Analyst Ratings Changes

Several analysts recently weighed in on the company. DA Davidson restated a “buy” rating and set a $216.00 target price on shares of Jack Henry & Associates in a research note on Wednesday, February 4th. Morgan Stanley raised their price objective on shares of Jack Henry & Associates from $168.00 to $183.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 5th. UBS Group raised their price objective on shares of Jack Henry & Associates from $175.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Loop Capital assumed coverage on shares of Jack Henry & Associates in a research note on Tuesday, March 31st. They issued a “buy” rating and a $197.00 price objective on the stock. Finally, Stephens upgraded shares of Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and set a $205.00 price objective on the stock in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $200.15.

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.