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Jack Henry & Associates, Inc. (JKHY) Touches $131.14 High on Jun, 14; Gardner Lewis Asset Management LP Trimmed Its Cbs Corp. (CBS) Holding

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Gardner Lewis Asset Management LP decreased Cbs Corp. (CBS) stake by 35.29% reported in 2018Q1 SEC filing. Gardner Lewis Asset Management LP sold 9,000 shares as Cbs Corp. (CBS)’s stock declined 8.46%. The Gardner Lewis Asset Management LP holds 16,505 shares with $848,000 value, down from 25,505 last quarter. Cbs Corp. now has $20.89B valuation. The stock increased 1.51% or $0.82 during the last trading session, reaching $55.08. About 1.07 million shares traded. CBS Corporation (NYSE:CBS) has declined 17.26% since June 14, 2017 and is downtrending. It has underperformed by 29.83% the S&P500. Some Historical CBS News: ; 17/05/2018 – CBS and Viacom can get a lot more value from other players, says B. Riley FBR’s Barton Crockett; 16/05/2018 – Ruling on CBS’s lawsuit against National Amusements pushed to Thursday; 04/04/2018 – CBS OFFER FOR VIACOM WAS SAID TO BE IMMEDIATELY REJECTED: CNBC; 17/05/2018 – CBS SAYS HAS POSTPONED 2018 ANNUAL MEETING OF STOCKHOLDERS PREVIOUSLY SCHEDULED FOR FRIDAY -STATEMENT; 13/04/2018 – His tweet came in response to a story from CBS, in which the CEO bemoaned the Model 3 as overly ambitious, and the production process as too technical; 11/04/2018 – CNBC Now: BREAKING: In coming days or weeks, it is likely that controlling shareholder Shari Redstone will move to fire CBS; 17/05/2018 – NATIONAL AMUSEMENTS SAYS “BOARD VOTE, WHILE COUCHED AS AN EFFORT TO PREVENT SUCH A TRANSACTION, WAS PURE PRETEXT.”; 30/05/2018 – The Real End Game for CBS-Viacom — Heard on the Street; 26/03/2018 – Dutch Govt Finances Again Complying W/ European Rules: CBS Link; 18/03/2018 – Republican senator expects Trump to pull out of Iran deal -CBS

The stock of Jack Henry & Associates, Inc. (NASDAQ:JKHY) reached all time high today, Jun, 14 and still has $136.39 target or 4.00% above today’s $131.14 share price. This indicates more upside for the $10.14B company. This technical setup was reported by Barchart.com. If the $136.39 PT is reached, the company will be worth $405.44M more. The stock increased 1.20% or $1.55 during the last trading session, reaching $131.14. About 83,291 shares traded. Jack Henry & Associates, Inc. (NASDAQ:JKHY) has risen 15.78% since June 14, 2017 and is uptrending. It has outperformed by 3.21% the S&P500. Some Historical JKHY News: ; 01/05/2018 – Jack Henry & Associates 3Q EPS 93c; 13/03/2018 CAFC: JOAO BOCK TRANSACTION SYSTEMS v. JACK HENRY & ASSOCIATES, INC. [RULE 36 JUDGMENT] – Appeal #16-1887 – 2018-03-13; 04/05/2018 – Jack Henry Closes Above 50-Day Moving Average: Technicals; 17/04/2018 – The Victory Bank Selects ProfitStars’ Commercial Lending Center Suite; 07/05/2018 – Jack Henry & Associates Announces Regular Quarterly Dividend; 01/05/2018 – Jack Henry & Associates Ends Third Quarter Fiscal 2018 With 9% Increase In Operating Income; 08/05/2018 – Jack Henry & Associates Partners with Autobooks to Deliver Enhanced Small Business Banking Functionality; 01/05/2018 – JACK HENRY 3Q REV. $384.7M, EST. $376.6M; 21/03/2018 – New Banks Launch with Jack Henry Banking for Core Processing; 01/05/2018 – Jack Henry & Associates 3Q Rev $384.7M

Investors sentiment increased to 1.07 in Q1 2018. Its up 0.20, from 0.87 in 2017Q4. It improved, as 14 investors sold Jack Henry & Associates, Inc. shares while 144 reduced holdings. 46 funds opened positions while 123 raised stakes. 64.79 million shares or 4.84% more from 61.80 million shares in 2017Q4 were reported. Conestoga Capital Advsr Limited Liability Corp owns 18,588 shares. Legal General Public Ltd Limited Liability Company holds 0.02% in Jack Henry & Associates, Inc. (NASDAQ:JKHY) or 218,693 shares. The Pennsylvania-based Emerald Advisers Pa has invested 0.05% in Jack Henry & Associates, Inc. (NASDAQ:JKHY). Envestnet Asset Mngmt has invested 0.01% of its portfolio in Jack Henry & Associates, Inc. (NASDAQ:JKHY). Retirement Planning Group Incorporated invested in 5,213 shares. Strs Ohio holds 93,480 shares or 0.05% of its portfolio. C M Bidwell Assocs Limited has invested 0% in Jack Henry & Associates, Inc. (NASDAQ:JKHY). Cwm Limited Company accumulated 0% or 281 shares. Timessquare Mngmt Lc invested in 0.52% or 634,912 shares. Arizona State Retirement System accumulated 52,291 shares or 0.06% of the stock. Cubist Systematic Strategies Limited Company invested in 0.02% or 2,418 shares. Bb&T reported 4,348 shares or 0.01% of all its holdings. Vident Inv Advisory Ltd Liability invested in 0.07% or 14,723 shares. First Citizens National Bank holds 0.06% of its portfolio in Jack Henry & Associates, Inc. (NASDAQ:JKHY) for 3,723 shares. The New York-based Goldman Sachs Gp has invested 0.02% in Jack Henry & Associates, Inc. (NASDAQ:JKHY).

Analysts await Jack Henry & Associates, Inc. (NASDAQ:JKHY) to report earnings on August, 21. They expect $0.95 earnings per share, up 14.46% or $0.12 from last year’s $0.83 per share. JKHY’s profit will be $73.43M for 34.51 P/E if the $0.95 EPS becomes a reality. After $0.93 actual earnings per share reported by Jack Henry & Associates, Inc. for the previous quarter, Wall Street now forecasts 2.15% EPS growth.

Among 7 analysts covering Jack Henry (NASDAQ:JKHY), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. Jack Henry has $141 highest and $69 lowest target. $126.40’s average target is -3.61% below currents $131.14 stock price. Jack Henry had 18 analyst reports since August 27, 2015 according to SRatingsIntel. Stephens maintained the stock with “Equal-Weight” rating in Thursday, August 27 report. The rating was maintained by Oppenheimer with “Hold” on Tuesday, August 15. The company was maintained on Thursday, November 9 by RBC Capital Markets. As per Wednesday, July 5, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating given on Monday, August 28 by Cantor Fitzgerald. The stock of Jack Henry & Associates, Inc. (NASDAQ:JKHY) has “Perform” rating given on Wednesday, August 24 by Oppenheimer. The rating was upgraded by Evercore to “In-Line” on Wednesday, December 6. RBC Capital Markets maintained it with “Hold” rating and $127.0 target in Wednesday, February 7 report. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, January 4. The rating was maintained by Robert W. Baird on Sunday, September 17 with “Hold”.

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 $10.14 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 29.69 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.

Another recent and important Jack Henry & Associates, Inc. (NASDAQ:JKHY) news was published by Globenewswire.com which published an article titled: “Investor Expectations to Drive Momentum within Jack Henry & Associates, The Providence Service, Farmer Brothers …” on May 24, 2018.

Since February 15, 2018, it had 1 buy, and 4 sales for $4.39 million activity. Shares for $119,398 were bought by Wilson Thomas Hampton Jr. on Thursday, February 15. Forbis Mark S had sold 1,014 shares worth $124,910. The insider WILLIAMS KEVIN D sold $2.51 million. Foss David B sold $864,096 worth of Jack Henry & Associates, Inc. (NASDAQ:JKHY) on Tuesday, March 13. $1.01 million worth of Jack Henry & Associates, Inc. (NASDAQ:JKHY) shares were sold by PRIM JOHN F.

Since January 16, 2018, it had 0 insider purchases, and 14 sales for $62.07 million activity. MOONVES LESLIE sold $3.90 million worth of stock. Ianniello Joseph R sold $14.12M worth of stock or 233,544 shares. $510,545 worth of CBS Corporation (NYSE:CBS) was sold by Anschell Jonathan.

Among 39 analysts covering CBS Corp (NYSE:CBS), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. CBS Corp had 121 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Credit Suisse on Friday, August 21. On Wednesday, January 3 the stock rating was maintained by Piper Jaffray with “Buy”. Bernstein upgraded CBS Corporation (NYSE:CBS) rating on Monday, May 21. Bernstein has “Buy” rating and $6500 target. Deutsche Bank maintained the stock with “Buy” rating in Friday, July 29 report. RBC Capital Markets maintained the shares of CBS in report on Monday, September 11 with “Buy” rating. Jefferies maintained it with “Buy” rating and $73.0 target in Monday, October 16 report. The stock of CBS Corporation (NYSE:CBS) earned “Buy” rating by BMO Capital Markets on Monday, September 11. The company was maintained on Friday, March 18 by Deutsche Bank. The stock of CBS Corporation (NYSE:CBS) has “Buy” rating given on Tuesday, October 4 by UBS. The stock has “Buy” rating by Jefferies on Monday, June 12.

Gardner Lewis Asset Management LP increased Earthstone Energy Inc. stake by 46,524 shares to 224,021 valued at $2.27M in 2018Q1. It also upped Cl A stake by 43,605 shares and now owns 164,256 shares. Mainsource Financial Group In (NASDAQ:MSFG) was raised too.

Investors sentiment increased to 0.68 in Q1 2018. Its up 0.09, from 0.59 in 2017Q4. It increased, as 79 investors sold CBS shares while 232 reduced holdings. 62 funds opened positions while 151 raised stakes. 218.74 million shares or 3.33% less from 226.28 million shares in 2017Q4 were reported. Robeco Institutional Asset Bv owns 46,031 shares. Wetherby Asset Mgmt owns 13,427 shares. First Personal Finance Services reported 6,019 shares. Dynamic Cap Mngmt Ltd has 1.2% invested in CBS Corporation (NYSE:CBS). Levin Capital Strategies LP has invested 0.02% of its portfolio in CBS Corporation (NYSE:CBS). Ingalls & Snyder Limited Liability Company reported 9,633 shares. Utah Retirement System invested in 62,118 shares or 0.07% of the stock. Thompson Inv Mngmt Incorporated has 1.33% invested in CBS Corporation (NYSE:CBS). Brandywine Global Ltd Liability has invested 0.07% in CBS Corporation (NYSE:CBS). Balyasny Asset Mngmt Lc has 0.04% invested in CBS Corporation (NYSE:CBS) for 177,807 shares. Amundi Pioneer Asset Mngmt invested in 674,087 shares or 0.06% of the stock. Westpac Bk owns 24,278 shares. Wellington Gp Limited Liability Partnership stated it has 12.76 million shares. Abner Herrman And Brock Limited Liability Corp stated it has 7,522 shares or 0.06% of all its holdings. Tower Rech Cap Ltd Liability (Trc) holds 0.01% in CBS Corporation (NYSE:CBS) or 1,600 shares.

More notable recent CBS Corporation (NYSE:CBS) news were published by: Finance.Yahoo.com which released: “With or Without Time Warner, AT&T Stock Isn’t Worth Buying” on June 13, 2018, also Globenewswire.com with their article: “Analysis: Positioning to Benefit within Cars, Iconix Brand Group, NRG Yield, Aramark, CBS, and Live Nation …” published on June 13, 2018, 247Wallst.com published: “CBS Shareholders Ask Where Their Yachts Are” on May 18, 2018. More interesting news about CBS Corporation (NYSE:CBS) were released by: Seekingalpha.com and their article: “CBS investor files suit against Redstone, NAI” published on June 01, 2018 as well as Seekingalpha.com‘s news article titled: “Aftermarket trade ripples run wide from AT&T/Time Warner decision” with publication date: June 12, 2018.

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

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