47,037 Shares in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Acquired by Katamaran Capital LLP

Katamaran Capital LLP acquired a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 47,037 shares of the technology company's stock, valued at approximately $3,564,000. SS&C Technologies comprises about 4.5% of Katamaran Capital LLP's holdings, making the stock its 8th largest holding.

Several other large investors also recently bought and sold shares of SSNC. Old West Investment Management LLC increased its position in shares of SS&C Technologies by 19.1% during the third quarter. Old West Investment Management LLC now owns 111,784 shares of the technology company's stock worth $8,295,000 after purchasing an additional 17,893 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of SS&C Technologies by 2.7% during the third quarter. The Manufacturers Life Insurance Company now owns 23,397 shares of the technology company's stock worth $1,736,000 after buying an additional 624 shares in the last quarter. Townsquare Capital LLC acquired a new stake in shares of SS&C Technologies in the third quarter valued at about $253,000. Captrust Financial Advisors boosted its position in SS&C Technologies by 11.1% during the third quarter. Captrust Financial Advisors now owns 8,018 shares of the technology company's stock worth $595,000 after acquiring an additional 801 shares during the last quarter. Finally, Centiva Capital LP purchased a new stake in SS&C Technologies during the 3rd quarter valued at about $888,000. 96.95% of the stock is currently owned by hedge funds and other institutional investors.

SS&C Technologies Trading Down 4.0 %

NASDAQ SSNC traded down $3.12 during trading hours on Thursday, reaching $74.74. The company had a trading volume of 725,797 shares, compared to its average volume of 1,236,600. 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 $18.42 billion, a P/E ratio of 24.93 and a beta of 1.31. The stock has a 50-day moving average of $83.66 and a 200 day moving average of $78.42. SS&C Technologies Holdings, Inc. has a 1-year low of $59.63 and a 1-year high of $89.73.

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

SS&C Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were paid a $0.25 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.34%. SS&C Technologies's payout ratio is presently 33.33%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Jefferies Financial Group upgraded SS&C Technologies from a "hold" rating to a "buy" rating and boosted their target price for the stock from $70.00 to $94.00 in a report on Monday, February 3rd. UBS Group boosted their price objective on SS&C Technologies from $92.00 to $93.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. DA Davidson raised their target price on SS&C Technologies from $92.00 to $102.00 and gave the stock a "buy" rating in a research note on Monday, February 10th. Needham & Company LLC boosted their price target on shares of SS&C Technologies from $90.00 to $105.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Finally, Raymond James raised their price objective on shares of SS&C Technologies from $85.00 to $95.00 and gave the stock a "strong-buy" rating in a research report on Friday, February 7th. Five equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $97.50.

Insider Activity at SS&C Technologies

In other SS&C Technologies news, SVP Jason Douglas White sold 71,000 shares of the 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Michael Jay Zamkow sold 23,000 shares of the firm's 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 completion of the transaction, the director now directly owns 23,200 shares of the company's stock, valued at $2,050,648. This represents a 49.78 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 15.40% 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.