GHP Investment Advisors Inc. Has $6.37 Million Stock Holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)

GHP Investment Advisors Inc. increased its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 22.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 104,210 shares of the technology company's stock after acquiring an additional 19,374 shares during the quarter. GHP Investment Advisors Inc.'s holdings in SS&C Technologies were worth $6,368,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Advisor Group Holdings Inc. increased its position in SS&C Technologies by 0.6% during the fourth quarter. Advisor Group Holdings Inc. now owns 25,838 shares of the technology company's stock worth $1,346,000 after acquiring an additional 162 shares during the period. The Manufacturers Life Insurance Company increased its holdings in SS&C Technologies by 2.4% in the 4th quarter. The Manufacturers Life Insurance Company now owns 7,583 shares of the technology company's stock valued at $395,000 after buying an additional 181 shares during the period. SkyView Investment Advisors LLC increased its holdings in SS&C Technologies by 4.0% in the 3rd quarter. SkyView Investment Advisors LLC now owns 4,963 shares of the technology company's stock valued at $261,000 after buying an additional 192 shares during the period. AlphaMark Advisors LLC increased its holdings in SS&C Technologies by 2.1% in the 4th quarter. AlphaMark Advisors LLC now owns 9,240 shares of the technology company's stock valued at $565,000 after buying an additional 194 shares during the period. Finally, Arizona State Retirement System increased its holdings in SS&C Technologies by 0.3% in the 4th quarter. Arizona State Retirement System now owns 61,366 shares of the technology company's stock valued at $3,750,000 after buying an additional 196 shares during the period. Institutional investors own 96.95% of the company's stock.

SS&C Technologies Price Performance

NASDAQ SSNC traded down $0.27 on Thursday, hitting $61.54. 1,149,084 shares of the company were exchanged, compared to its average volume of 949,595. The firm has a 50 day moving average of $62.90 and a two-hundred day moving average of $58.49. The company has a market cap of $15.21 billion, a P/E ratio of 25.86 and a beta of 1.43. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.04. SS&C Technologies Holdings, Inc. has a 1-year low of $46.61 and a 1-year high of $65.86.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last issued its quarterly earnings results on Tuesday, February 13th. The technology company reported $1.13 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.13. SS&C Technologies had a net margin of 11.03% and a return on equity of 16.74%. The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.39 billion. On average, equities analysts predict that SS&C Technologies Holdings, Inc. will post 4.61 EPS for the current year.

SS&C Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $0.96 dividend on an annualized basis and a yield of 1.56%. SS&C Technologies's payout ratio is presently 40.34%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on SSNC shares. Needham & Company LLC boosted their price target on shares of SS&C Technologies from $62.00 to $70.00 and gave the company a "buy" rating in a report on Wednesday, February 14th. Royal Bank of Canada boosted their price target on shares of SS&C Technologies from $65.00 to $72.00 and gave the company an "outperform" rating in a report on Wednesday, February 14th. TheStreet raised shares of SS&C Technologies from a "c+" rating to a "b" rating in a report on Friday, February 23rd. UBS Group upped their target price on shares of SS&C Technologies from $72.00 to $77.00 and gave the stock a "buy" rating in a report on Wednesday, February 14th. Finally, StockNews.com raised shares of SS&C Technologies from a "buy" rating to a "strong-buy" rating in a report on Monday, January 29th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, SS&C Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $69.44.

SS&C Technologies Profile

SS&C Technologies Holdings, Inc, together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company owns and operates technology stack across securities accounting; front-office functions, such as trading and modeling; middle-office functions comprising portfolio management and reporting; back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing, and compliance and tax reporting; and healthcare solutions consisting of claims adjudication, benefit management, care management, and business intelligence solutions.