V Square Quantitative Management LLC Has $251,000 Stock Holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY)

V Square Quantitative Management LLC grew its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 12.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,513 shares of the technology company’s stock after purchasing an additional 165 shares during the period. V Square Quantitative Management LLC’s holdings in Jack Henry & Associates were worth $251,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. New Covenant Trust Company N.A. acquired a new position in Jack Henry & Associates during the 1st quarter worth about $30,000. VisionPoint Advisory Group LLC bought a new stake in Jack Henry & Associates during the 4th quarter worth about $44,000. Riverview Trust Co bought a new stake in Jack Henry & Associates during the 1st quarter worth about $51,000. GAMMA Investing LLC bought a new stake in Jack Henry & Associates during the 4th quarter worth about $79,000. Finally, Janiczek Wealth Management LLC raised its holdings in Jack Henry & Associates by 55.4% during the 1st quarter. Janiczek Wealth Management LLC now owns 477 shares of the technology company’s stock worth $83,000 after purchasing an additional 170 shares during the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on JKHY shares. William Blair reissued an “outperform” rating on shares of Jack Henry & Associates in a report on Wednesday, May 8th. Robert W. Baird upped their price target on Jack Henry & Associates from $180.00 to $186.00 and gave the company a “neutral” rating in a research note on Wednesday, April 17th. StockNews.com cut Jack Henry & Associates from a “buy” rating to a “hold” rating in a research note on Saturday, June 22nd. Evercore ISI increased their target price on Jack Henry & Associates from $172.00 to $175.00 and gave the stock an “in-line” rating in a research note on Tuesday, June 25th. Finally, DA Davidson reissued a “buy” rating and set a $198.00 target price on shares of Jack Henry & Associates in a research note on Tuesday, April 30th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $174.67.

Jack Henry & Associates Stock Down 0.4 %

Shares of NASDAQ JKHY traded down $0.60 during trading hours on Wednesday, hitting $164.56. The company had a trading volume of 131,671 shares, compared to its average volume of 422,023. The stock has a market capitalization of $12.00 billion, a P/E ratio of 31.90, a price-to-earnings-growth ratio of 3.98 and a beta of 0.63. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.14. Jack Henry & Associates, Inc. has a 1-year low of $136.57 and a 1-year high of $178.37. The firm’s 50 day moving average is $165.69 and its 200-day moving average is $167.92.

Jack Henry & Associates Profile

Jack Henry & Associates, Inc, a financial technology company that connects people and financial institutions through technology solutions and payment processing services that reduce the barriers to financial health. It operates through four segments: Core, Payments, Complementary, and Corporate and Other.