Mutual of America Capital Management LLC Has $7.43 Million Holdings in Agilysys, Inc. $AGYS

Mutual of America Capital Management LLC lifted its holdings in Agilysys, Inc. (NASDAQ:AGYS) by 48.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 64,774 shares of the software maker’s stock after purchasing an additional 21,268 shares during the period. Mutual of America Capital Management LLC’s holdings in Agilysys were worth $7,426,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. GAMMA Investing LLC lifted its stake in Agilysys by 43.2% during the second quarter. GAMMA Investing LLC now owns 305 shares of the software maker’s stock worth $35,000 after purchasing an additional 92 shares during the period. Advisors Asset Management Inc. raised its holdings in shares of Agilysys by 30.1% in the first quarter. Advisors Asset Management Inc. now owns 688 shares of the software maker’s stock valued at $50,000 after buying an additional 159 shares during the last quarter. AlphaQuest LLC lifted its position in shares of Agilysys by 2,026.0% during the first quarter. AlphaQuest LLC now owns 1,063 shares of the software maker’s stock worth $77,000 after purchasing an additional 1,013 shares in the last quarter. Cloud Capital Management LLC bought a new position in Agilysys in the 1st quarter valued at $86,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Agilysys by 11.2% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,405 shares of the software maker’s stock worth $102,000 after acquiring an additional 141 shares during the last quarter. Institutional investors own 88.00% of the company’s stock.

Analyst Upgrades and Downgrades

AGYS has been the topic of a number of research reports. Zacks Research upgraded shares of Agilysys from a “strong sell” rating to a “hold” rating in a research report on Monday, September 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Agilysys in a research report on Wednesday, October 8th. Finally, Oppenheimer increased their target price on shares of Agilysys from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Tuesday, September 9th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $121.57.

Agilysys Price Performance

Agilysys stock opened at $110.78 on Tuesday. The stock’s fifty day moving average price is $107.71 and its two-hundred day moving average price is $101.74. The firm has a market cap of $3.11 billion, a PE ratio of 221.56 and a beta of 0.61. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.11 and a quick ratio of 1.04. Agilysys, Inc. has a one year low of $63.71 and a one year high of $142.64.

Agilysys (NASDAQ:AGYS) last announced its quarterly earnings data on Wednesday, June 5th. The software maker reported $0.21 earnings per share for the quarter. Agilysys had a return on equity of 11.13% and a net margin of 4.85%.The business had revenue of $36.34 million during the quarter. As a group, research analysts expect that Agilysys, Inc. will post 0.8 EPS for the current fiscal year.

Agilysys Company Profile

Agilysys, Inc operates as a developer and marketer of software-enabled solutions and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India. It offers software solutions fully integrated with third party hardware and operating systems; cloud applications, support, and maintenance; subscription and maintenance; and professional services.