Jack Henry & Associates, Inc. (JKHY) Holdings Reduced by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. decreased its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 8.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,516 shares of the technology company’s stock after selling 765 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Jack Henry & Associates were worth $1,077,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of JKHY. MML Investors Services LLC raised its stake in shares of Jack Henry & Associates by 16.0% in the third quarter. MML Investors Services LLC now owns 4,686 shares of the technology company’s stock worth $750,000 after purchasing an additional 647 shares during the last quarter. AXA purchased a new stake in shares of Jack Henry & Associates in the third quarter worth approximately $2,408,000. CIBC World Markets Inc. raised its stake in shares of Jack Henry & Associates by 50.1% in the third quarter. CIBC World Markets Inc. now owns 14,130 shares of the technology company’s stock worth $2,262,000 after purchasing an additional 4,717 shares during the last quarter. Carillon Tower Advisers Inc. raised its stake in shares of Jack Henry & Associates by 9.6% in the third quarter. Carillon Tower Advisers Inc. now owns 111,075 shares of the technology company’s stock worth $17,781,000 after purchasing an additional 9,725 shares during the last quarter. Finally, Pictet Asset Management Ltd. raised its stake in shares of Jack Henry & Associates by 3.2% in the third quarter. Pictet Asset Management Ltd. now owns 71,181 shares of the technology company’s stock worth $11,395,000 after purchasing an additional 2,200 shares during the last quarter. 90.35% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ:JKHY traded down $0.33 during trading hours on Friday, hitting $143.50. 266,173 shares of the company’s stock traded hands, compared to its average volume of 351,448. The firm has a market capitalization of $11.07 billion, a price-to-earnings ratio of 39.97, a P/E/G ratio of 3.66 and a beta of 0.88. Jack Henry & Associates, Inc. has a 52 week low of $116.79 and a 52 week high of $163.68.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings data on Tuesday, February 5th. The technology company reported $0.88 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.03. The company had revenue of $386.28 million during the quarter, compared to analyst estimates of $380.40 million. Jack Henry & Associates had a return on equity of 23.57% and a net margin of 19.57%. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the company earned $2.08 earnings per share. On average, equities analysts predict that Jack Henry & Associates, Inc. will post 3.57 earnings per share for the current year.

In other Jack Henry & Associates news, VP Stacey E. Zengel sold 4,388 shares of Jack Henry & Associates stock in a transaction dated Friday, February 15th. The stock was sold at an average price of $133.50, for a total transaction of $585,798.00. Following the completion of the sale, the vice president now owns 4,453 shares of the company’s stock, valued at $594,475.50. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John F. Prim sold 7,575 shares of Jack Henry & Associates stock in a transaction dated Thursday, February 21st. The stock was sold at an average price of $131.91, for a total value of $999,218.25. Following the sale, the director now directly owns 218,491 shares of the company’s stock, valued at approximately $28,821,147.81. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 14,623 shares of company stock valued at $1,945,586. Corporate insiders own 0.84% of the company’s stock.

A number of brokerages recently commented on JKHY. Zacks Investment Research raised Jack Henry & Associates from a “sell” rating to a “hold” rating in a research report on Thursday, March 21st. Keefe, Bruyette & Woods began coverage on Jack Henry & Associates in a research report on Monday, April 8th. They set a “market perform” rating and a $145.00 price target for the company. Finally, BidaskClub downgraded Jack Henry & Associates from a “buy” rating to a “hold” rating in a research report on Wednesday, January 9th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $151.20.

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About Jack Henry & Associates

Jack Henry & Associates, Inc provides technology solutions and payment processing services primarily for financial services organizations in the United States. The company 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.

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Institutional Ownership by Quarter for Jack Henry & Associates (NASDAQ:JKHY)

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