Can analysts adopt a bullish outlook for Jack Henry & Associates, Inc. (NASDAQ:JKHY)?

September 16, 2018 - By Robert Shackelford

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 is positive, 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.
Shell Asset Co owns 38,489 shares. Kayne Anderson Rudnick Investment reported 1.90 million shares. Emerald Advisers Pa reported 10,710 shares stake. Keybank Association Oh has invested 0.01% of its portfolio in Jack Henry & Associates, Inc. (NASDAQ:JKHY). Brown Brothers Harriman Co holds 0% or 217 shares in its portfolio. Invesco Ltd invested in 0.03% or 795,054 shares. Bkd Wealth Ltd Llc owns 171,879 shares or 2.18% of their US portfolio. Kwmg owns 160 shares. Bahl And Gaynor reported 42,550 shares. Rafferty Asset Lc holds 0.04% or 20,174 shares in its portfolio. Mai Cap Mgmt owns 8,485 shares. Synovus Finance Corp, Georgia-based fund reported 35,064 shares. Employees Retirement Systems Of Texas has 34,000 shares for 0.06% of their portfolio. Employees Retirement Systems Of Ohio has 0.02% invested in Jack Henry & Associates, Inc. (NASDAQ:JKHY). Pub Employees Retirement Association Of Colorado reported 0.17% in Jack Henry & Associates, Inc. (NASDAQ:JKHY).

Since June 1, 2018, it had 0 buys, and 4 selling transactions for $4.97 million activity. Shares for $459,949 were sold by Brown Wesley A on Monday, June 18. $996,174 worth of Jack Henry & Associates, Inc. (NASDAQ:JKHY) shares were sold by PRIM JOHN F.

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. The firm has “Overweight” rating given on Thursday, August 23 by Cantor Fitzgerald. The stock has “Neutral” rating by Robert W. Baird on Monday, July 16. Cantor Fitzgerald maintained the stock with “Overweight” rating in Thursday, June 7 report. As per Thursday, August 23, the company rating was maintained by Wells Fargo. 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: Benzinga.com, which released: “Earnings Scheduled For August 21, 2018” on August 21, 2018. Nasdaq.com‘s article titled: “Noteworthy Wednesday Option Activity: JKHY, OSIS, CCL” and published on August 22, 2018 is yet another important article.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.