--- title: "State of New Jersey Common Pension Fund D Trims Holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY)" description: "State of New Jersey Common Pension Fund D has reduced its holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 37.8% in Q2, according to a recent SEC filing. The fund now owns 25,015 shares afte" type: "news" locale: "en" url: "https://longbridge.com/en/news/214474690.md" published_at: "2024-09-17T08:13:22.000Z" --- # State of New Jersey Common Pension Fund D Trims Holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY) > State of New Jersey Common Pension Fund D has reduced its holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 37.8% in Q2, according to a recent SEC filing. The fund now owns 25,015 shares after selling 15,217 shares. Other institutional investors have also adjusted their positions, with significant increases from Campbell & CO Investment Adviser LLC and Assenagon Asset Management S.A. Jack Henry's stock performance shows a market cap of $5.91 billion and a recent earnings report indicated a positive EPS of $0.38, surpassing estimates. State of New Jersey Common Pension Fund D reduced its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 37.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,015 shares of the technology company's stock after selling 15,217 shares during the quarter. State of New Jersey Common Pension Fund D's holdings in Jack Henry & Associates were worth $4,153,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently made changes to their positions in the business. Campbell & CO Investment Adviser LLC raised its position in shares of Jack Henry & Associates by 352.2% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 12,222 shares of the technology company's stock valued at $1,997,000 after acquiring an additional 9,519 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of Jack Henry & Associates by 6,680.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 115,398 shares of the technology company's stock valued at $19,158,000 after acquiring an additional 113,696 shares in the last quarter. Boston Trust Walden Corp raised its position in shares of Jack Henry & Associates by 3.0% during the 2nd quarter. Boston Trust Walden Corp now owns 212,731 shares of the technology company's stock valued at $35,318,000 after acquiring an additional 6,173 shares in the last quarter. GLOBALT Investments LLC GA acquired a new stake in shares of Jack Henry & Associates during the 4th quarter valued at approximately $2,634,000. Finally, Norden Group LLC acquired a new stake in shares of Jack Henry & Associates during the 1st quarter valued at approximately $1,411,000. 98.75% of the stock is currently owned by hedge funds and other institutional investors. ## Jack Henry & Associates Price Performance Shares of JKHY opened at $177.06 on Tuesday. The firm has a market capitalization of $12.91 billion, a price-to-earnings ratio of 34.18, a price-to-earnings-growth ratio of 3.09 and a beta of 0.64. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.00 and a current ratio of 1.00. Jack Henry & Associates, Inc. has a one year low of $136.57 and a one year high of $178.37. The stock's fifty day moving average is $168.80 and its 200-day moving average is $167.73. Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last announced its earnings results on Tuesday, August 20th. The technology company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.08. Jack Henry & Associates had a return on equity of 21.63% and a net margin of 17.23%. The business had revenue of $559.91 million during the quarter, compared to analysts' expectations of $563.37 million. During the same quarter last year, the business posted $1.34 earnings per share. Equities analysts anticipate that Jack Henry & Associates, Inc. will post 5.79 EPS for the current year. ## Jack Henry & Associates Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 6th will be given a $0.55 dividend. The ex-dividend date is Friday, September 6th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.24%. Jack Henry & Associates's dividend payout ratio (DPR) is 42.47%. ## Analyst Ratings Changes Several equities research analysts recently issued reports on the company. Royal Bank of Canada reissued a "sector perform" rating and set a $181.00 price target on shares of Jack Henry & Associates in a research report on Friday, September 6th. Compass Point started coverage on Jack Henry & Associates in a research report on Wednesday, September 4th. They issued a "neutral" rating and a $186.00 target price on the stock. Keefe, Bruyette & Woods increased their target price on Jack Henry & Associates from $178.00 to $180.00 and gave the stock a "market perform" rating in a research report on Thursday, August 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 report on Tuesday, June 25th. Finally, StockNews.com raised Jack Henry & Associates from a "hold" rating to a "buy" rating in a research report on Thursday, August 15th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $177.25. **Get Our Latest Analysis on JKHY** ## About Jack Henry & Associates (Free Report) 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. ## Further Reading - Five stocks we like better than Jack Henry & Associates - How is Compound Interest Calculated? - Palo Alto Analysts Drive it to New Highs: 50% Upside Is Possible - What is the Nikkei 225 index? - Roblox's Growth Beyond Kids: Stock Set for Major Moves - Trading Halts Explained - 5 Oversold Stocks to Buy Right Now **Want to see what other hedge funds are holding JKHY?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → ⭕ \[URGENT\] Buy Alert just triggered (From Behind the Markets) (Ad)## Should you invest $1,000 in Jack Henry & Associates right now? Before you consider Jack Henry & Associates, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jack Henry & Associates wasn't on the list. While Jack Henry & Associates currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [JKHY.US - Jack Henry & Associates](https://longbridge.com/en/quote/JKHY.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Cibc World Market Inc. 在傑克亨利公司 $JKHY 中建立頭寸 | Cibc World Market Inc. 在第三季度新建了在傑克亨利（Jack Henry & Associates）的持倉，購買了 9,358 股，價值約為 139 萬美元。其他機構投資者也增加了對該公司的持股。傑克亨利的股票開盤價為 | [Link](https://longbridge.com/en/news/276106307.md) | | 專家展望：11 位分析師眼中的 Jack Henry & Associates | 在過去三個月中，11 位分析師對傑克亨利（Jack Henry & Associates，NASDAQ:JKHY）進行了評估，顯示出看漲和看跌情緒的混合。最近的評級顯示，12 個月的平均目標價為 202.0 美元，比之前的目標上漲了 11. | [Link](https://longbridge.com/en/news/276166595.md) | | Pyramid Consulting 加入 Jack Henry™金融科技集成網絡 \| JKHY 股票新聞 | Celsior Technologies 已加入 Jack Henry™ 金融科技集成網絡 (FIN)，通過 jXchange™ 實現與 Jack Henry 核心平台的集成。此次合作旨在提高金融機構的運營效率並現代化數字工作流程。Cels | [Link](https://longbridge.com/en/news/276469549.md) | | 傑克亨利 (Jack Henry & Associates) 是否通過此次股息提升和股票回購，悄然重新定義其資本回報策略？ | 傑克亨利（Jack Henry & Associates）宣佈季度股息增加 6%，至每股 0.61 美元，並回購了 406,110 股，耗資 6314 萬美元，顯示出對資本回報的承諾。該公司目標到 2028 年實現 29 億美元的收入和 5 | [Link](https://longbridge.com/en/news/276241803.md) | | 羅伯特·賴克表示，特斯拉沒有支付聯邦所得税，而埃隆·馬斯克的收入可能比美國所有教師的總和多 30 億美元——‘你看出問題了嗎？’ | 特斯拉報告稱在 2025 年沒有支付聯邦所得税，儘管其税前收入達到 57 億美元。前勞動部長羅伯特·賴希強調了這一點，並指出埃隆·馬斯克的潛在收入比所有美國小學教師的總和還要多出 30 億美元。批評者認為這反映了盈利豐厚的公司如何合法地減少 | [Link](https://longbridge.com/en/news/276133290.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.