SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Shares Acquired by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. lifted its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 3.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 138,957 shares of the technology company's stock after purchasing an additional 4,026 shares during the quarter. GHP Investment Advisors Inc. owned about 0.06% of SS&C Technologies worth $11,607,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SSNC. Steward Partners Investment Advisory LLC raised its position in SS&C Technologies by 16.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the technology company's stock valued at $67,000 after purchasing an additional 123 shares during the period. EP Wealth Advisors LLC grew its stake in shares of SS&C Technologies by 2.0% in the fourth quarter. EP Wealth Advisors LLC now owns 7,003 shares of the technology company's stock valued at $531,000 after buying an additional 139 shares in the last quarter. Global X Japan Co. Ltd. raised its holdings in shares of SS&C Technologies by 16.1% in the 1st quarter. Global X Japan Co. Ltd. now owns 1,011 shares of the technology company's stock valued at $84,000 after buying an additional 140 shares during the period. Global Retirement Partners LLC lifted its stake in SS&C Technologies by 11.8% during the 4th quarter. Global Retirement Partners LLC now owns 1,417 shares of the technology company's stock worth $107,000 after acquiring an additional 149 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in SS&C Technologies by 15.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,163 shares of the technology company's stock valued at $88,000 after acquiring an additional 158 shares during the period. 96.95% of the stock is owned by institutional investors and hedge funds.

SS&C Technologies Trading Up 1.7%

Shares of NASDAQ:SSNC opened at $80.77 on Tuesday. SS&C Technologies Holdings, Inc. has a 52 week low of $61.13 and a 52 week high of $89.73. The company's 50 day moving average is $78.59 and its two-hundred day moving average is $79.92. The company has a market cap of $19.92 billion, a PE ratio of 25.08 and a beta of 1.24. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.00.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last posted its earnings results on Thursday, April 24th. The technology company reported $1.44 EPS for the quarter, beating the consensus estimate of $1.41 by $0.03. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. SS&C Technologies had a return on equity of 18.68% and a net margin of 13.69%. SS&C Technologies's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.28 earnings per share. Equities analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were paid a $0.25 dividend. The ex-dividend date was Monday, June 2nd. This represents a $1.00 annualized dividend and a yield of 1.24%. SS&C Technologies's dividend payout ratio is currently 31.06%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on SSNC shares. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $86.00 price target (down from $90.00) on shares of SS&C Technologies in a research note on Friday, April 25th. Needham & Company LLC dropped their price objective on shares of SS&C Technologies from $105.00 to $90.00 and set a "buy" rating for the company in a report on Friday, April 25th. Wall Street Zen upgraded shares of SS&C Technologies from a "buy" rating to a "strong-buy" rating in a report on Friday, May 16th. DA Davidson decreased their price target on shares of SS&C Technologies from $100.00 to $94.00 and set a "buy" rating for the company in a research report on Monday, April 28th. Finally, Raymond James Financial cut their price objective on SS&C Technologies from $95.00 to $90.00 and set a "strong-buy" rating on the stock in a research report on Friday, April 25th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $91.86.

Insiders Place Their Bets

In other SS&C Technologies news, Director Michael Jay Zamkow sold 12,500 shares of the firm's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $79.92, for a total transaction of $999,000.00. Following the transaction, the director now owns 12,476 shares of the company's stock, valued at approximately $997,081.92. This trade represents a 50.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jonathan E. Michael bought 2,700 shares of SS&C Technologies stock in a transaction dated Thursday, May 1st. The stock was purchased at an average cost of $75.53 per share, with a total value of $203,931.00. Following the completion of the acquisition, the director now directly owns 72,776 shares in the company, valued at approximately $5,496,771.28. The trade was a 3.85% increase in their position. The disclosure for this purchase can be found here. 16.40% of the stock is owned by corporate insiders.

SS&C Technologies Company Profile

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.

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