SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Shares Purchased by Achmea Investment Management B.V.

Achmea Investment Management B.V. lifted its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 50.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 199,838 shares of the technology company's stock after purchasing an additional 66,667 shares during the period. Achmea Investment Management B.V. owned 0.08% of SS&C Technologies worth $15,144,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of SSNC. Old West Investment Management LLC boosted its holdings in shares of SS&C Technologies by 19.1% in the third quarter. Old West Investment Management LLC now owns 111,784 shares of the technology company's stock valued at $8,295,000 after purchasing an additional 17,893 shares during the period. Assetmark Inc. boosted its holdings in shares of SS&C Technologies by 1.5% in the third quarter. Assetmark Inc. now owns 52,398 shares of the technology company's stock valued at $3,888,000 after purchasing an additional 780 shares during the period. Wolverine Asset Management LLC boosted its holdings in shares of SS&C Technologies by 198.8% in the third quarter. Wolverine Asset Management LLC now owns 9,590 shares of the technology company's stock valued at $712,000 after purchasing an additional 19,300 shares during the period. Entropy Technologies LP purchased a new stake in SS&C Technologies during the third quarter worth $2,146,000. Finally, GSA Capital Partners LLP lifted its holdings in SS&C Technologies by 109.4% during the third quarter. GSA Capital Partners LLP now owns 8,697 shares of the technology company's stock worth $645,000 after buying an additional 4,544 shares during the period. Hedge funds and other institutional investors own 96.95% of the company's stock.

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SS&C Technologies Stock Up 1.8 %

Shares of SSNC traded up $1.45 during midday trading on Friday, hitting $81.41. 1,250,772 shares of the company's stock traded hands, compared to its average volume of 1,496,019. SS&C Technologies Holdings, Inc. has a 1 year low of $59.63 and a 1 year high of $89.73. The firm's fifty day moving average is $82.94 and its 200-day moving average is $77.63. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $20.07 billion, a price-to-earnings ratio of 27.14 and a beta of 1.36.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last released its earnings results on Thursday, February 6th. The technology company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.09. SS&C Technologies had a return on equity of 18.30% and a net margin of 12.93%. As a group, sell-side analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.00 annualized dividend and a yield of 1.23%. SS&C Technologies's dividend payout ratio (DPR) is presently 33.33%.

Insiders Place Their Bets

In other SS&C Technologies news, SVP Jason Douglas White sold 71,000 shares of SS&C Technologies stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $88.96, for a total transaction of $6,316,160.00. Following the completion of the sale, the senior vice president now directly owns 6,412 shares in the company, valued at approximately $570,411.52. The trade was a 91.72 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Michael Jay Zamkow sold 23,000 shares of SS&C Technologies stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $88.39, for a total transaction of $2,032,970.00. Following the sale, the director now owns 23,200 shares of the company's stock, valued at approximately $2,050,648. The trade was a 49.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 15.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on SSNC. Raymond James upped their target price on SS&C Technologies from $85.00 to $95.00 and gave the stock a "strong-buy" rating in a report on Friday, February 7th. Royal Bank of Canada upped their target price on SS&C Technologies from $86.00 to $96.00 and gave the stock an "outperform" rating in a report on Friday, February 7th. Jefferies Financial Group upgraded SS&C Technologies from a "hold" rating to a "buy" rating and upped their target price for the stock from $70.00 to $94.00 in a report on Monday, February 3rd. UBS Group upped their target price on SS&C Technologies from $92.00 to $93.00 and gave the stock a "buy" rating in a report on Monday, February 3rd. Finally, DA Davidson upped their target price on SS&C Technologies from $92.00 to $102.00 and gave the stock a "buy" rating in a report on Monday, February 10th. Five analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $97.50.

SS&C Technologies 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.