SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Position Trimmed by Oldfield Partners LLP

Oldfield Partners LLP trimmed its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 35.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 550,600 shares of the technology company's stock after selling 299,200 shares during the period. SS&C Technologies accounts for 12.1% of Oldfield Partners LLP's portfolio, making the stock its 4th largest holding. Oldfield Partners LLP owned approximately 0.22% of SS&C Technologies worth $41,724,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. SkyView Investment Advisors LLC lifted its position in SS&C Technologies by 2.2% during the third quarter. SkyView Investment Advisors LLC now owns 6,400 shares of the technology company's stock valued at $475,000 after purchasing an additional 137 shares during the last quarter. Foundations Investment Advisors LLC lifted its position in SS&C Technologies by 5.6% during the fourth quarter. Foundations Investment Advisors LLC now owns 3,249 shares of the technology company's stock valued at $246,000 after purchasing an additional 171 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in SS&C Technologies by 0.4% during the third quarter. Janney Montgomery Scott LLC now owns 46,282 shares of the technology company's stock valued at $3,435,000 after purchasing an additional 196 shares during the last quarter. Tectonic Advisors LLC lifted its position in SS&C Technologies by 2.9% during the third quarter. Tectonic Advisors LLC now owns 7,064 shares of the technology company's stock valued at $524,000 after purchasing an additional 198 shares during the last quarter. Finally, Wedge Capital Management L L P NC lifted its position in SS&C Technologies by 0.4% during the third quarter. Wedge Capital Management L L P NC now owns 51,497 shares of the technology company's stock valued at $3,822,000 after purchasing an additional 206 shares during the last quarter. 96.95% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Stock Down 0.3 %

NASDAQ SSNC traded down $0.27 during trading on Friday, reaching $80.95. 1,030,024 shares of the company's stock traded hands, compared to its average volume of 1,218,126. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.21 and a quick ratio of 1.21. The firm has a market cap of $20.05 billion, a price-to-earnings ratio of 29.01 and a beta of 1.37. The company's 50 day simple moving average is $77.05 and its two-hundred day simple moving average is $74.35. SS&C Technologies Holdings, Inc. has a 12-month low of $59.53 and a 12-month high of $81.92.

SS&C Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend was Monday, December 2nd. SS&C Technologies's dividend payout ratio (DPR) is 35.84%.

Insider Buying and Selling at SS&C Technologies

In other news, SVP Jason Douglas White sold 69,000 shares of SS&C Technologies stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $77.07, for a total value of $5,317,830.00. Following the transaction, the senior vice president now owns 6,412 shares of the company's stock, valued at $494,172.84. The trade was a 91.50 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO William C. Stone sold 132,700 shares of SS&C Technologies stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $76.85, for a total transaction of $10,197,995.00. Following the completion of the transaction, the chief executive officer now directly owns 31,837,926 shares in the company, valued at approximately $2,446,744,613.10. The trade was a 0.42 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 449,000 shares of company stock valued at $34,461,478. Company insiders own 15.40% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Needham & Company LLC reiterated a "buy" rating and set a $90.00 price objective on shares of SS&C Technologies in a research report on Friday, October 25th. DA Davidson restated a "buy" rating and issued a $92.00 target price on shares of SS&C Technologies in a report on Thursday, October 10th. Raymond James lifted their price objective on shares of SS&C Technologies from $79.00 to $85.00 and gave the company a "strong-buy" rating in a report on Friday, October 25th. Finally, StockNews.com lowered shares of SS&C Technologies from a "strong-buy" rating to a "buy" rating in a report on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $77.75.

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.