ACI Worldwide Inc (ACIW) : Moody Aldrich Partners scooped up 44,085 additional shares in ACI Worldwide Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 70,480 shares of ACI Worldwide Inc which is valued at $1,383,522.ACI Worldwide Inc makes up approximately 1.10% of Moody Aldrich Partners’s portfolio.
Other Hedge Funds, Including , Louisiana State Employees Retirement System reduced its stake in ACIW by selling 2,000 shares or 6.06% in the most recent quarter. The Hedge Fund company now holds 31,000 shares of ACIW which is valued at $608,530. ACI Worldwide Inc makes up approx 0.03% of Louisiana State Employees Retirement System’s portfolio.Ls Investment Advisors boosted its stake in ACIW in the latest quarter, The investment management firm added 2,849 additional shares and now holds a total of 6,999 shares of ACI Worldwide Inc which is valued at $135,221. ACI Worldwide Inc makes up approx 0.01% of Ls Investment Advisors’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in ACIW in the latest quarter, The investment management firm added 51,895 additional shares and now holds a total of 51,982 shares of ACI Worldwide Inc which is valued at $1,007,411.
ACI Worldwide Inc closed down -0.04 points or -0.20% at $19.81 with 6,20,865 shares getting traded on Friday. Post opening the session at $19.91, the shares hit an intraday low of $19.57 and an intraday high of $20.1 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, ACI Worldwide Inc reported $-0.15 EPS for the quarter, missing the analyst consensus estimate by $ -0.10 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $-0.05. The company had revenue of $219.93 million for the quarter, compared to analysts expectations of $220.79 million. The company’s revenue was down -17.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.23 EPS.
Many Wall Street Analysts have commented on ACI Worldwide Inc. Monness Crespi & Hardt Initiated ACI Worldwide Inc on Jun 15, 2016 to “Buy”, Price Target of the shares are set at $26.
ACI Worldwide Inc. develops markets installs and supports a line of software products and services primarily focused on facilitating electronic payments. The Companys suite of software products and hosted services deliver a range of solutions for payments processing card and merchant management electronic bill presentment and payment (EBPP) online banking mobile branch and voice banking fraud detection and trade finance. The Companys services include implementation services product support services technical services education services testing services expert services consultancy and facilities management services. It offers various solutions including its retail and wholesale payment engines risk management biller retailers and online banking products. It caters to financial institutions including global national regional and community banks and credit unions; processors; retailers and billers.