SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Shares Sold by Thompson Investment Management Inc.

Thompson Investment Management Inc. cut its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 8.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 50,423 shares of the technology company's stock after selling 4,597 shares during the period. Thompson Investment Management Inc.'s holdings in SS&C Technologies were worth $4,212,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of SS&C Technologies by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 20,215,026 shares of the technology company's stock valued at $1,531,895,000 after acquiring an additional 239,438 shares during the last quarter. Janus Henderson Group PLC raised its stake in SS&C Technologies by 3.4% in the 4th quarter. Janus Henderson Group PLC now owns 16,598,958 shares of the technology company's stock valued at $1,257,869,000 after purchasing an additional 539,483 shares during the last quarter. Boston Partners lifted its holdings in SS&C Technologies by 283.1% in the 4th quarter. Boston Partners now owns 5,279,386 shares of the technology company's stock valued at $400,161,000 after purchasing an additional 3,901,227 shares in the last quarter. Cantillon Capital Management LLC boosted its stake in SS&C Technologies by 0.6% during the 4th quarter. Cantillon Capital Management LLC now owns 4,533,081 shares of the technology company's stock worth $343,517,000 after purchasing an additional 25,895 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of SS&C Technologies by 8.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,158,478 shares of the technology company's stock worth $239,353,000 after buying an additional 258,554 shares in the last quarter. Institutional investors and hedge funds own 96.95% of the company's stock.

Wall Street Analyst Weigh In

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

Insider Activity at SS&C Technologies

In other news, Director Jonathan E. Michael acquired 2,700 shares of the firm's stock in a transaction dated Thursday, May 1st. The stock was acquired at an average cost of $75.53 per share, with a total value of $203,931.00. Following the transaction, the director now owns 72,776 shares in the company, valued at approximately $5,496,771.28. This trade represents a 3.85% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Michael Jay Zamkow sold 12,500 shares of the firm's 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 in the company, valued at approximately $997,081.92. This represents a 50.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. 16.40% of the stock is currently owned by company insiders.

SS&C Technologies Trading Up 0.5%

NASDAQ:SSNC traded up $0.43 during trading hours on Thursday, reaching $81.67. 249,440 shares of the stock were exchanged, compared to its average volume of 1,312,764. SS&C Technologies Holdings, Inc. has a twelve month low of $60.18 and a twelve month high of $89.73. The business has a 50-day moving average of $77.81 and a two-hundred day moving average of $79.71. The company has a market capitalization of $20.14 billion, a price-to-earnings ratio of 27.22 and a beta of 1.24. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.04.

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

SS&C Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.22%. The ex-dividend date is Monday, June 2nd. SS&C Technologies's payout ratio is currently 31.06%.

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.