Sei Investments Co. Has $10.05 Million Stock Holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)

Sei Investments Co. cut its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 4.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 132,662 shares of the technology company's stock after selling 6,511 shares during the quarter. Sei Investments Co. owned about 0.05% of SS&C Technologies worth $10,053,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of SSNC. Toronto Dominion Bank raised its position in SS&C Technologies by 26.4% in the 3rd quarter. Toronto Dominion Bank now owns 32,136 shares of the technology company's stock valued at $2,385,000 after buying an additional 6,721 shares during the last quarter. Truist Financial Corp grew its stake in shares of SS&C Technologies by 82.0% during the 4th quarter. Truist Financial Corp now owns 19,078 shares of the technology company's stock worth $1,446,000 after acquiring an additional 8,598 shares in the last quarter. State Street Corp raised its holdings in shares of SS&C Technologies by 2.2% in the third quarter. State Street Corp now owns 5,624,174 shares of the technology company's stock valued at $417,370,000 after purchasing an additional 121,223 shares during the last quarter. Thompson Siegel & Walmsley LLC lifted its position in shares of SS&C Technologies by 993.0% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 355,286 shares of the technology company's stock worth $26,924,000 after purchasing an additional 322,781 shares in the last quarter. Finally, ZWJ Investment Counsel Inc. boosted its holdings in SS&C Technologies by 3.5% during the fourth quarter. ZWJ Investment Counsel Inc. now owns 330,352 shares of the technology company's stock worth $25,034,000 after purchasing an additional 11,077 shares during the last quarter. 96.95% of the stock is owned by institutional investors.

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Insider Buying and Selling at SS&C Technologies

In other SS&C Technologies news, Director Michael Jay Zamkow sold 23,000 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $88.39, for a total transaction of $2,032,970.00. Following the transaction, the director now owns 23,200 shares in the company, valued at $2,050,648. This trade represents a 49.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jason Douglas White sold 71,000 shares of SS&C Technologies stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $88.96, for a total value of $6,316,160.00. Following the sale, the senior vice president now directly owns 6,412 shares of the company's stock, valued at $570,411.52. This represents a 91.72 % decrease in their position. The disclosure for this sale can be found here. Insiders own 15.40% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on SSNC shares. Jefferies Financial Group upgraded shares of SS&C Technologies from a "hold" rating to a "buy" rating and lifted their price target for the company from $70.00 to $94.00 in a research note on Monday, February 3rd. Needham & Company LLC upped their target price on SS&C Technologies from $90.00 to $105.00 and gave the stock a "buy" rating in a report on Friday, February 7th. UBS Group increased their price target 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. Royal Bank of Canada boosted their price target on SS&C Technologies from $86.00 to $96.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. Finally, DA Davidson increased their price objective on SS&C Technologies from $92.00 to $102.00 and gave the company a "buy" rating in a report on Monday, February 10th. Five analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $97.50.

SS&C Technologies Stock Performance

Shares of SSNC traded down $3.44 during mid-day trading on Thursday, reaching $79.98. The company's stock had a trading volume of 1,447,958 shares, compared to its average volume of 1,219,854. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.04. SS&C Technologies Holdings, Inc. has a 1-year low of $59.63 and a 1-year high of $89.73. The business has a 50-day simple moving average of $84.38 and a two-hundred day simple moving average of $78.46. The stock has a market cap of $19.71 billion, a P/E ratio of 26.66 and a beta of 1.36.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last announced its quarterly 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, equities 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 business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors 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 yield of 1.25%. SS&C Technologies's dividend payout ratio (DPR) is currently 33.33%.

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.