Teachers Advisors LLC Has $4.23 Million Stake in ACI Worldwide, Inc. (ACIW)

Teachers Advisors LLC increased its stake in shares of ACI Worldwide, Inc. (NASDAQ:ACIW) by 1.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 197,864 shares of the technology company’s stock after buying an additional 3,500 shares during the period. Teachers Advisors LLC’s holdings in ACI Worldwide were worth $4,232,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Brown Capital Management LLC boosted its position in shares of ACI Worldwide by 1.7% in the first quarter. Brown Capital Management LLC now owns 14,009,471 shares of the technology company’s stock valued at $299,663,000 after buying an additional 240,231 shares in the last quarter. Conestoga Capital Advisors LLC boosted its stake in shares of ACI Worldwide by 3.0% in the first quarter. Conestoga Capital Advisors LLC now owns 1,608,430 shares of the technology company’s stock worth $34,404,000 after buying an additional 46,357 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of ACI Worldwide by 2.3% in the first quarter. Bank of New York Mellon Corp now owns 1,427,653 shares of the technology company’s stock worth $30,538,000 after buying an additional 31,590 shares during the period. Artisan Partners Limited Partnership boosted its stake in shares of ACI Worldwide by 48.3% in the first quarter. Artisan Partners Limited Partnership now owns 1,199,590 shares of the technology company’s stock worth $25,659,000 after buying an additional 390,589 shares during the period. Finally, Palisade Capital Management LLC NJ boosted its stake in shares of ACI Worldwide by 5.6% in the first quarter. Palisade Capital Management LLC NJ now owns 991,366 shares of the technology company’s stock worth $21,205,000 after buying an additional 52,852 shares during the period.

ACI Worldwide, Inc. (NASDAQ:ACIW) opened at 21.33 on Friday. ACI Worldwide, Inc. has a 52 week low of $15.11 and a 52 week high of $24.65. The company has a market cap of $2.52 billion, a P/E ratio of 98.75 and a beta of 1.32. The stock has a 50 day moving average of $22.70 and a 200 day moving average of $21.98.

ACI Worldwide (NASDAQ:ACIW) last issued its quarterly earnings data on Thursday, July 27th. The technology company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.11. ACI Worldwide had a net margin of 2.47% and a return on equity of 8.92%. The firm had revenue of $240.60 million for the quarter, compared to the consensus estimate of $225.87 million. During the same quarter in the previous year, the firm earned ($0.15) EPS. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. On average, analysts expect that ACI Worldwide, Inc. will post $0.55 earnings per share for the current year.

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A number of equities research analysts have weighed in on the stock. BidaskClub upgraded shares of ACI Worldwide from a “sell” rating to a “hold” rating in a report on Monday, August 14th. Zacks Investment Research upgraded shares of ACI Worldwide from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a report on Tuesday, May 2nd. TheStreet cut shares of ACI Worldwide from a “b” rating to a “c+” rating in a report on Friday, May 5th. Finally, ValuEngine upgraded shares of ACI Worldwide from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $25.33.

In other news, Director John M. Shay, Jr. sold 20,000 shares of ACI Worldwide stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $23.19, for a total value of $463,800.00. Following the transaction, the director now owns 81,896 shares of the company’s stock, valued at approximately $1,899,168.24. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.20% of the stock is owned by insiders.

ACI Worldwide Company Profile

ACI Worldwide, Inc develops, markets, installs and supports a line of software products and services primarily focused on facilitating electronic payments. The Company also distributes or acts as a sales agent for software developed by third parties. Its products and services are used principally by financial institutions, retailers, billers and electronic payment processors, both in domestic and international markets.

Institutional Ownership by Quarter for ACI Worldwide (NASDAQ:ACIW)

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