Henry Jack & Assoc INC (JKHY) Holder Zacks Investment Management Has Decreased Its Holding by $3.06 Million as Market Valuation Declined

Jack Henry & Associates, Inc. (NASDAQ:JKHY) LogoInvestors sentiment decreased to 1.11 in Q2 2019. Its down 0.16, from 1.27 in 2019Q1. It is negative, as 21 investors sold JKHY shares while 150 reduced holdings. 53 funds opened positions while 136 raised stakes. 78.89 million shares or 15.26% more from 68.45 million shares in 2019Q1 were reported. Neumeier Poma Invest Counsel Llc holds 1.6% or 144,931 shares in its portfolio. Rafferty Asset Management Limited holds 0.03% or 13,307 shares. Panagora Asset Management holds 14,208 shares. Moreover, Proshare Ltd Limited Liability Company has 0.02% invested in Jack Henry & Associates, Inc. (NASDAQ:JKHY) for 26,715 shares. Credit Suisse Ag owns 0.03% invested in Jack Henry & Associates, Inc. (NASDAQ:JKHY) for 240,059 shares. Stratos Wealth Prtn Limited holds 7,931 shares or 0.05% of its portfolio. First Personal Financial invested in 344 shares or 0.01% of the stock. Eaton Vance Mngmt reported 6,544 shares. New England Private Wealth Advisors Ltd Liability holds 0.1% or 3,000 shares in its portfolio. Wealth Enhancement Advisory Ltd Liability Corporation holds 0.06% of its portfolio in Jack Henry & Associates, Inc. (NASDAQ:JKHY) for 9,195 shares. Arrowstreet Capital Partnership owns 94,491 shares for 0.03% of their portfolio. Westfield Cap Management Ltd Partnership invested in 0.05% or 47,909 shares. Bard Assoc Inc holds 0.51% or 7,700 shares. 3,114 are held by Meag Munich Ergo Kapitalanlagegesellschaft Mbh. Lenox Wealth Inc holds 815 shares.

Zacks Investment Management decreased its stake in Henry Jack & Assoc Inc (JKHY) by 43.52% based on its latest 2019Q2 regulatory filing with the SEC. Zacks Investment Management sold 22,978 shares as the company’s stock declined 0.70% . The institutional investor held 29,825 shares of the technology company at the end of 2019Q2, valued at $3.99 million, down from 52,803 at the end of the previous reported quarter. Zacks Investment Management who had been investing in Henry Jack & Assoc Inc for a number of months, seems to be less bullish one the $11.37B market cap company. The stock decreased 0.76% or $1.12 during the last trading session, reaching $145.26. About 152,887 shares traded. Jack Henry & Associates, Inc. (NASDAQ:JKHY) has risen 3.40% since September 13, 2018 and is uptrending. It has outperformed by 3.40% the S&P500.

Zacks Investment Management, which manages about $3.45 billion and $4.87 billion US Long portfolio, upped its stake in Caci Intl Inc (NYSE:CACI) by 22,577 shares to 36,798 shares, valued at $7.53M in 2019Q2, according to the filing. It also increased its holding in Ameriprise Finl Inc (NYSE:AMP) by 74,930 shares in the quarter, for a total of 428,595 shares, and has risen its stake in Ishares Tr (AGG).

Analysts await Jack Henry & Associates, Inc. (NASDAQ:JKHY) to report earnings on November, 5. They expect $1.05 earnings per share, down 2.78 % or $0.03 from last year’s $1.08 per share. JKHY’s profit will be $82.19 million for 34.59 P/E if the $1.05 EPS becomes a reality. After $0.79 actual earnings per share reported by Jack Henry & Associates, Inc. for the previous quarter, Wall Street now forecasts 32.91 % EPS growth.

More notable recent Jack Henry & Associates, Inc. (NASDAQ:JKHY) news were published by: Businesswire.com which released: “REPAY Joins the Symitar Vendor Integration Program – Business Wire” on September 10, 2019, also Nasdaq.com with their article: “Jack Henry (JKHY) Earnings & Revenues Beat Estimates in Q4 – Nasdaq” published on August 26, 2019, Nasdaq.com published: “Ex-Dividend Reminder: Rogers Communications, Jack Henry & Associates and Kansas City Southern – Nasdaq” on September 04, 2019. More interesting news about Jack Henry & Associates, Inc. (NASDAQ:JKHY) were released by: Nasdaq.com and their article: “Earnings Preview: Jack Henry (JKHY) Q3 Earnings Expected to Decline – Nasdaq” published on April 23, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is Jack Henry & Associates’s (NASDAQ:JKHY) Share Price Gain Of 127% Well Earned? – Yahoo Finance” with publication date: May 31, 2019.

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

Among 2 analysts covering Jack Henry & Associates (NASDAQ:JKHY), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Jack Henry & Associates has $14700 highest and $145 lowest target. $146’s average target is 0.51% above currents $145.26 stock price. Jack Henry & Associates had 4 analyst reports since March 16, 2019 according to SRatingsIntel.

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

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