Greenhouse Funds LLLP Has $79.61 Million Stock Holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)

Greenhouse Funds LLLP raised its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 30.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,050,592 shares of the technology company's stock after purchasing an additional 247,573 shares during the period. SS&C Technologies accounts for approximately 3.3% of Greenhouse Funds LLLP's holdings, making the stock its 15th biggest position. Greenhouse Funds LLLP owned approximately 0.42% of SS&C Technologies worth $79,614,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SSNC. Vanguard Group Inc. lifted its holdings in shares of SS&C Technologies by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 20,215,026 shares of the technology company's stock valued at $1,531,895,000 after buying an additional 239,438 shares during the period. Boston Partners lifted its holdings in shares of SS&C Technologies by 283.1% during the fourth quarter. Boston Partners now owns 5,279,386 shares of the technology company's stock valued at $400,161,000 after purchasing an additional 3,901,227 shares during the last quarter. Cantillon Capital Management LLC boosted its position in shares of 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 valued at $343,517,000 after purchasing an additional 25,895 shares during the period. Dimensional Fund Advisors LP increased its stake in SS&C Technologies by 8.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,158,478 shares of the technology company's stock worth $239,353,000 after purchasing an additional 258,554 shares in the last quarter. Finally, Norges Bank purchased a new position in SS&C Technologies in the 4th quarter worth about $205,475,000. Institutional investors own 96.95% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. StockNews.com raised SS&C Technologies from a "buy" rating to a "strong-buy" rating in a research report on Monday, February 10th. Jefferies Financial Group raised shares of SS&C Technologies from a "hold" rating to a "buy" rating and increased their price target for the stock from $70.00 to $94.00 in a research report on Monday, February 3rd. Needham & Company LLC boosted their price objective 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. UBS Group increased their target price on shares of SS&C Technologies from $92.00 to $93.00 and gave the stock a "buy" rating in a research report on Monday, February 3rd. Finally, Raymond James boosted their price target on shares of SS&C Technologies from $85.00 to $95.00 and gave the company a "strong-buy" rating in a report on Friday, February 7th. Five 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 company has an average rating of "Buy" and a consensus price target of $97.17.

SS&C Technologies Price Performance

NASDAQ SSNC opened at $77.43 on Friday. The stock has a 50-day simple moving average of $81.57 and a 200 day simple moving average of $78.55. The stock has a market capitalization of $19.08 billion, a PE ratio of 25.81 and a beta of 1.31. 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 Holdings, Inc. has a twelve month low of $60.01 and a twelve month high of $89.73.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last issued its earnings results on Thursday, April 24th. The technology company reported $1.29 earnings per share for the quarter, missing the consensus estimate of $1.40 by ($0.11). SS&C Technologies had a net margin of 12.93% and a return on equity of 18.30%. Research analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend was Monday, March 3rd. SS&C Technologies's dividend payout ratio (DPR) is currently 33.33%.

Insider Activity

In related news, Director Michael Jay Zamkow sold 23,000 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $88.39, for a total value of $2,032,970.00. Following the sale, the director now directly owns 23,200 shares in the company, valued at $2,050,648. This trade represents a 49.78 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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 transaction of $6,316,160.00. Following the transaction, the senior vice president now directly owns 6,412 shares in the company, valued at approximately $570,411.52. This represents a 91.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 16.40% of the stock is currently owned by corporate insiders.

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.