American Trust bought a new stake in ACI Worldwide, Inc. (NASDAQ:ACIW – Get Rating) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 8,542 shares of the technology company's stock, valued at approximately $269,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ACIW. Mariner LLC boosted its stake in ACI Worldwide by 3.7% during the first quarter. Mariner LLC now owns 10,994 shares of the technology company's stock worth $346,000 after buying an additional 392 shares during the period. Crossmark Global Holdings Inc. boosted its stake in ACI Worldwide by 4.5% during the first quarter. Crossmark Global Holdings Inc. now owns 10,520 shares of the technology company's stock worth $331,000 after buying an additional 450 shares during the period. Hsbc Holdings PLC boosted its stake in ACI Worldwide by 3.5% during the first quarter. Hsbc Holdings PLC now owns 13,574 shares of the technology company's stock worth $435,000 after buying an additional 456 shares during the period. Versor Investments LP boosted its stake in ACI Worldwide by 7.3% during the first quarter. Versor Investments LP now owns 6,867 shares of the technology company's stock worth $216,000 after buying an additional 467 shares during the period. Finally, Vident Investment Advisory LLC boosted its stake in ACI Worldwide by 3.9% during the first quarter. Vident Investment Advisory LLC now owns 15,251 shares of the technology company's stock worth $479,000 after buying an additional 568 shares during the period. 96.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on ACIW. Stephens began coverage on shares of ACI Worldwide in a research note on Thursday, July 14th. They set an "overweight" rating and a $31.00 price objective for the company. StockNews.com downgraded ACI Worldwide from a "buy" rating to a "hold" rating in a research report on Friday, August 5th. Finally, Needham & Company LLC decreased their target price on ACI Worldwide from $37.00 to $30.00 and set a "buy" rating for the company in a research report on Friday, September 2nd.

ACI Worldwide Stock Down 2.4 %

ACI Worldwide (NASDAQ:ACIW – Get Rating) last released its quarterly earnings data on Thursday, August 4th. The technology company reported $0.12 earnings per share for the quarter, meeting the consensus estimate of $0.12. The firm had revenue of $340.40 million during the quarter, compared to the consensus estimate of $330.22 million. ACI Worldwide had a return on equity of 17.24% and a net margin of 10.51%. The firm's quarterly revenue was up 12.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.23 earnings per share. Analysts anticipate that ACI Worldwide, Inc. will post 2.02 EPS for the current year.

ACI Worldwide Profile

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ACI Worldwide, Inc, a software company, develops, markets, installs, and supports a range of software products and solutions for facilitating digital payments to banks, merchants, and billers worldwide. The company offers ACI Acquiring, a merchant management system to deliver digital innovation, improve fraud prevention, and reduce interchange fees; ACI Issuing, a digital payments issuing solution; and ACI Enterprise Payments Platform that provides payment processing and orchestration capabilities for digital payments.

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