Are Analysts Bullish about Jack Henry & Associates, Inc. (NASDAQ:JKHY) after last week?

September 16, 2018 - By Nellie Rakes

Jack Henry & Associates, Inc. (NASDAQ:JKHY) LogoInvestors sentiment increased to 1.17 in 2018 Q2. Its up 0.10, from 1.07 in 2018Q1. It improved, as 21 investors sold Jack Henry & Associates, Inc. shares while 135 reduced holdings. 44 funds opened positions while 139 raised stakes. 64.84 million shares or 0.07% more from 64.79 million shares in 2018Q1 were reported.
Davis R M Inc owns 0.01% invested in Jack Henry & Associates, Inc. (NASDAQ:JKHY) for 2,377 shares. Citadel Advsr Limited Liability has 0% invested in Jack Henry & Associates, Inc. (NASDAQ:JKHY). Fred Alger Mngmt Inc stated it has 109 shares. Keybank Natl Association Oh invested in 0.01% or 10,855 shares. Teacher Retirement System Of Texas stated it has 0.15% of its portfolio in Jack Henry & Associates, Inc. (NASDAQ:JKHY). Burney holds 35,444 shares. First Merchants accumulated 30,561 shares. Hwg Ltd Partnership owns 15,446 shares for 1.67% of their portfolio. 15,408 are owned by Teachers Retirement System Of The State Of Kentucky. Mason Street Advsrs Limited Com invested in 39,643 shares or 0.12% of the stock. Fort Lp holds 0.03% in Jack Henry & Associates, Inc. (NASDAQ:JKHY) or 935 shares. Hikari Pwr Ltd, a Japan-based fund reported 13,700 shares. Franklin Resources holds 0% or 6,622 shares in its portfolio. 62,697 are held by Schroder Gp Inc. New York-based Neuberger Berman Gp Incorporated Lc has invested 0.22% in Jack Henry & Associates, Inc. (NASDAQ:JKHY).

Since June 1, 2018, it had 0 insider buys, and 4 sales for $4.97 million activity. $996,174 worth of Jack Henry & Associates, Inc. (NASDAQ:JKHY) shares were sold by PRIM JOHN F. WILLIAMS KEVIN D sold $2.51M worth of stock or 20,000 shares.

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

Among 3 analysts covering Jack Henry \u0026 Associates (NASDAQ:JKHY), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Jack Henry \u0026 Associates had 4 analyst reports since June 7, 2018 according to SRatingsIntel. Cantor Fitzgerald maintained the shares of JKHY in report on Thursday, August 23 with “Overweight” rating. The company was maintained on Monday, July 16 by Robert W. Baird. Cantor Fitzgerald maintained Jack Henry & Associates, Inc. (NASDAQ:JKHY) on Thursday, June 7 with “Overweight” rating. Wells Fargo maintained it with “Market Perform” rating and $160 target in Thursday, August 23 report. Below is a list of Jack Henry & Associates, Inc. (NASDAQ:JKHY) latest ratings and price target changes.

23/08/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $110 New Target: $160 Maintain
23/08/2018 Broker: Cantor Fitzgerald Old Rating: Overweight New Rating: Overweight Old Target: $141 New Target: $169 Maintain
16/07/2018 Broker: Robert W. Baird Old Rating: Neutral New Rating: Neutral Old Target: $128 New Target: $135 Maintain
07/06/2018 Broker: Cantor Fitzgerald Old Rating: Overweight New Rating: Overweight Old Target: $132 New Target: $141 Maintain

The stock increased 0.64% or $1.04 during the last trading session, reaching $162.86. About 614,469 shares traded or 60.88% up from the average. Jack Henry & Associates, Inc. (NASDAQ:JKHY) has risen 57.39% since September 16, 2017 and is uptrending. It has outperformed by 41.77% 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 $12.57 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 33.58 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 news for Jack Henry & Associates, Inc. (NASDAQ:JKHY) were recently published by: Nasdaq.com, which released: “Noteworthy Wednesday Option Activity: JKHY, OSIS, CCL” on August 22, 2018. Benzinga.com‘s article titled: “Earnings Scheduled For August 21, 2018” and published on August 21, 2018 is yet another important article.

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

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