SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Shares Sold by Andra AP fonden

Andra AP fonden cut its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 6.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,100 shares of the technology company's stock after selling 10,100 shares during the period. Andra AP fonden owned 0.06% of SS&C Technologies worth $10,920,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in SSNC. Janus Henderson Group PLC increased its stake in SS&C Technologies by 5.4% in the 3rd quarter. Janus Henderson Group PLC now owns 16,059,475 shares of the technology company's stock worth $1,191,774,000 after acquiring an additional 817,501 shares during the last quarter. State Street Corp increased its stake in SS&C Technologies by 2.2% in the 3rd quarter. State Street Corp now owns 5,624,174 shares of the technology company's stock worth $417,370,000 after acquiring an additional 121,223 shares during the last quarter. Cantillon Capital Management LLC increased its stake in SS&C Technologies by 0.6% in the 4th quarter. Cantillon Capital Management LLC now owns 4,533,081 shares of the technology company's stock worth $343,517,000 after acquiring an additional 25,895 shares during the last quarter. FMR LLC increased its position in shares of SS&C Technologies by 1.5% during the 3rd quarter. FMR LLC now owns 3,984,057 shares of the technology company's stock valued at $295,657,000 after purchasing an additional 58,389 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of SS&C Technologies by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 3,621,022 shares of the technology company's stock valued at $268,075,000 after purchasing an additional 64,299 shares during the last quarter. 96.95% of the stock is owned by hedge funds and other institutional investors.

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SS&C Technologies Trading Up 0.0 %

SS&C Technologies stock traded up $0.01 during mid-day trading on Wednesday, hitting $81.53. The company's stock had a trading volume of 1,514,210 shares, compared to its average volume of 1,499,041. SS&C Technologies Holdings, Inc. has a one year low of $59.63 and a one year high of $89.73. The stock has a market cap of $20.10 billion, a PE ratio of 27.18 and a beta of 1.36. The company has a 50 day moving average of $82.63 and a 200-day moving average of $77.51. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.21 and a current ratio of 1.21.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last issued its earnings results on Thursday, February 6th. The technology company reported $1.41 earnings per share for the quarter, topping 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%. On average, research analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Needham & Company LLC boosted their target price on SS&C Technologies from $90.00 to $105.00 and gave the company a "buy" rating in a research report on Friday, February 7th. StockNews.com raised SS&C Technologies from a "buy" rating to a "strong-buy" rating in a research report on Monday, February 10th. DA Davidson boosted their target price on SS&C Technologies from $92.00 to $102.00 and gave the company a "buy" rating in a research report on Monday, February 10th. Raymond James boosted their target price on SS&C Technologies from $85.00 to $95.00 and gave the company a "strong-buy" rating in a research report on Friday, February 7th. Finally, UBS Group upped their price objective on SS&C Technologies from $92.00 to $93.00 and gave the company a "buy" rating in a research report on Monday, February 3rd. Five research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $97.50.

Insiders Place Their Bets

In related news, SVP Jason Douglas White sold 71,000 shares of the company's stock in a transaction on Tuesday, February 18th. The stock was 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 $570,411.52. This represents a 91.72 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Michael Jay Zamkow sold 23,000 shares of the company's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $88.39, for a total value of $2,032,970.00. Following the sale, the director now owns 23,200 shares of the company's stock, valued at $2,050,648. This trade represents a 49.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 15.40% of the company's stock.

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.