SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Shares Acquired by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC grew its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 993.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 355,286 shares of the technology company's stock after buying an additional 322,781 shares during the quarter. Thompson Siegel & Walmsley LLC owned 0.14% of SS&C Technologies worth $26,924,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kestra Investment Management LLC purchased a new stake in shares of SS&C Technologies in the fourth quarter valued at approximately $39,000. Parkside Financial Bank & Trust increased its position in shares of SS&C Technologies by 76.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 530 shares of the technology company's stock valued at $40,000 after buying an additional 229 shares in the last quarter. Financial Perspectives Inc purchased a new stake in shares of SS&C Technologies in the fourth quarter valued at approximately $51,000. Rialto Wealth Management LLC acquired a new stake in shares of SS&C Technologies in the fourth quarter worth approximately $64,000. Finally, CENTRAL TRUST Co acquired a new stake in shares of SS&C Technologies in the fourth quarter worth approximately $65,000. 96.95% of the stock is currently owned by hedge funds and other institutional investors.

SS&C Technologies Trading Up 0.8 %

Shares of SS&C Technologies stock traded up $0.68 during trading hours on Monday, hitting $82.09. The company's stock had a trading volume of 936,721 shares, compared to its average volume of 1,157,802. SS&C Technologies Holdings, Inc. has a twelve month low of $59.63 and a twelve month high of $89.73. The firm has a fifty day moving average of $82.94 and a 200-day moving average of $77.65. The stock has a market cap of $20.23 billion, a price-to-earnings ratio of 27.36 and a beta of 1.36. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.21 and a current ratio of 1.21.

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SS&C Technologies (NASDAQ:SSNC - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The technology company reported $1.41 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%. Research analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.00 annualized dividend and a dividend yield of 1.22%. SS&C Technologies's dividend payout ratio is presently 33.33%.

Insider Activity at SS&C Technologies

In other SS&C Technologies news, Director Michael Jay Zamkow sold 23,000 shares of the stock in a transaction dated 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Jason Douglas White sold 71,000 shares of the firm's stock in a transaction dated 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 in the company, valued at $570,411.52. This trade represents a 91.72 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 15.40% of the company's stock.

Wall Street Analysts Forecast Growth

SSNC has been the topic of a number of research analyst reports. Royal Bank of Canada lifted their price target on SS&C Technologies from $86.00 to $96.00 and gave the stock an "outperform" rating in a research note on Friday, February 7th. DA Davidson lifted their price target 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. Raymond James lifted their price target on SS&C Technologies from $85.00 to $95.00 and gave the stock a "strong-buy" rating in a research note on Friday, February 7th. UBS Group lifted their price target 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. Finally, Needham & Company LLC lifted their price target on SS&C Technologies from $90.00 to $105.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Five equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, SS&C Technologies presently has a consensus rating of "Buy" and a consensus price target of $97.50.

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.