Royal Bank of Canada Trims Holdings in Jack Henry & Associates, Inc. $JKHY

Royal Bank of Canada decreased its stake in Jack Henry & Associates, Inc. by 20.6% in the first quarter, selling 47,731 shares and retaining 184,190 shares valued at $29.1 million. Despite this, institutional investors hold 98.75% of the company's stock. Jack Henry & Associates reported strong Q1 earnings per share of $1.71, surpassing estimates, and declared a quarterly dividend of $0.61.