Unigestion Holding SA Has $7.96 Million Stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)

Unigestion Holding SA lifted its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 861.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,341 shares of the technology company's stock after acquiring an additional 85,427 shares during the quarter. Unigestion Holding SA's holdings in SS&C Technologies were worth $7,964,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Kestra Investment Management LLC purchased a new position in shares of SS&C Technologies during the 4th quarter worth approximately $39,000. Parkside Financial Bank & Trust boosted its stake in SS&C Technologies by 76.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 530 shares of the technology company's stock worth $40,000 after buying an additional 229 shares during the last quarter. Colonial Trust Co SC boosted its position in shares of SS&C Technologies by 239.3% in the fourth quarter. Colonial Trust Co SC now owns 553 shares of the technology company's stock worth $42,000 after acquiring an additional 390 shares during the last quarter. True Wealth Design LLC grew its stake in shares of SS&C Technologies by 163.6% during the 4th quarter. True Wealth Design LLC now owns 551 shares of the technology company's stock valued at $42,000 after buying an additional 342 shares during the period. Finally, Financial Perspectives Inc purchased a new stake in SS&C Technologies during the fourth quarter valued at about $51,000. 96.95% of the stock is currently owned by hedge funds and other institutional investors.

SS&C Technologies Price Performance

Shares of SS&C Technologies stock traded up $0.29 on Thursday, hitting $80.22. The company had a trading volume of 814,002 shares, compared to its average volume of 1,312,229. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market cap of $19.79 billion, a PE ratio of 26.74 and a beta of 1.24. The business has a 50-day simple moving average of $77.79 and a 200-day simple moving average of $79.48. SS&C Technologies Holdings, Inc. has a 52 week low of $60.18 and a 52 week high of $89.73.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last issued its earnings results on Thursday, April 24th. The technology company reported $1.44 earnings per share for the quarter, topping analysts' consensus estimates of $1.41 by $0.03. The firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.50 billion. SS&C Technologies had a net margin of 12.93% and a return on equity of 18.30%. The firm's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the firm posted $1.28 earnings per share. Research analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be issued a $0.25 dividend. The ex-dividend date is Monday, June 2nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.25%. SS&C Technologies's dividend payout ratio is 31.06%.

Wall Street Analysts Forecast Growth

SSNC has been the subject of several recent research reports. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $86.00 price objective (down previously from $90.00) on shares of SS&C Technologies in a research 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 research note on Friday, May 16th. DA Davidson decreased their target price on 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. Needham & Company LLC lowered 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 research report on Friday, April 25th. Finally, Royal Bank of Canada increased their target price on SS&C Technologies from $86.00 to $96.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $91.86.

Insiders Place Their Bets

In related news, Director Michael Jay Zamkow sold 12,500 shares of SS&C Technologies stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $79.92, for a total value of $999,000.00. Following the completion of the sale, the director now owns 12,476 shares of the company's stock, valued at approximately $997,081.92. The trade was a 50.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jonathan E. Michael acquired 2,700 shares of the stock in a transaction dated Thursday, May 1st. The shares were bought at an average cost of $75.53 per share, for a total transaction of $203,931.00. Following the acquisition, the director now owns 72,776 shares in the company, valued at $5,496,771.28. The trade was a 3.85% increase in their position. The disclosure for this purchase can be found here. Insiders own 16.40% of the company's stock.

About SS&C Technologies

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.