London Co. of Virginia Has $38.04 Million Stock Holdings in Jack Henry & Associates, Inc. $JKHY

London Co. of Virginia trimmed its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 18.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 208,436 shares of the technology company’s stock after selling 46,310 shares during the period. London Co. of Virginia’s holdings in Jack Henry & Associates were worth $38,037,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Larson Financial Group LLC boosted its stake in shares of Jack Henry & Associates by 2,816.7% during the fourth quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock valued at $32,000 after purchasing an additional 169 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Jack Henry & Associates during the second quarter valued at about $35,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of 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 in the last quarter. MUFG Securities EMEA plc acquired a new stake in shares of Jack Henry & Associates during the second quarter valued at about $39,000. Finally, United Community Bank acquired a new stake in shares of Jack Henry & Associates during the fourth quarter valued at about $41,000. 98.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JKHY has been the topic of a number of recent analyst reports. UBS Group set a $165.00 price objective on Jack Henry & Associates in a research note on Thursday, May 7th. Weiss Ratings lowered Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. Royal Bank Of Canada cut their price objective on Jack Henry & Associates from $210.00 to $180.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. Wells Fargo & Company raised Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $181.00 to $196.00 in a research note on Tuesday, February 17th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $198.00 price objective on shares of Jack Henry & Associates in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $192.08.

Insider Transactions at Jack Henry & Associates

In related news, CFO Mimi Carsley acquired 375 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were bought at an average price of $134.12 per share, with a total value of $50,295.00. Following the transaction, the chief financial officer directly owned 6,007 shares of the company’s stock, valued at $805,658.84. This trade represents a 6.66% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Gregory R. Adelson acquired 2,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were bought at an average cost of $133.42 per share, for a total transaction of $266,840.00. Following the transaction, the chief executive officer directly owned 21,036 shares in the company, valued at approximately $2,806,623.12. This represents a 10.51% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.60% of the stock is owned by corporate insiders.

Jack Henry & Associates Price Performance

Jack Henry & Associates stock opened at $129.29 on Wednesday. The stock has a market capitalization of $9.19 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 1.91 and a beta of 0.58. Jack Henry & Associates, Inc. has a 52-week low of $124.63 and a 52-week high of $193.39. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.74 and a current ratio of 1.74. The stock’s 50 day moving average price is $143.07 and its two-hundred day moving average price is $163.16.

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

Jack Henry & Associates Dividend Announcement

The business 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. The ex-dividend date is Monday, June 1st. This represents a $2.44 annualized dividend and a dividend yield of 1.9%. Jack Henry & Associates’s dividend payout ratio is currently 34.13%.

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.