Vontobel Holding Ltd. Takes $1.33 Million Position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)

Vontobel Holding Ltd. bought a new position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 17,577 shares of the technology company's stock, valued at approximately $1,332,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SSNC. Asset Management One Co. Ltd. lifted its stake in SS&C Technologies by 7.8% in the 4th quarter. Asset Management One Co. Ltd. now owns 85,674 shares of the technology company's stock valued at $6,521,000 after purchasing an additional 6,222 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of SS&C Technologies by 17.9% in the fourth quarter. Van ECK Associates Corp now owns 90,736 shares of the technology company's stock valued at $6,876,000 after buying an additional 13,772 shares during the last quarter. Summit Trail Advisors LLC boosted its stake in shares of SS&C Technologies by 18.7% during the 4th quarter. Summit Trail Advisors LLC now owns 8,870 shares of the technology company's stock worth $672,000 after acquiring an additional 1,396 shares during the period. Savant Capital LLC increased its holdings in shares of SS&C Technologies by 2.3% during the 4th quarter. Savant Capital LLC now owns 31,822 shares of the technology company's stock worth $2,411,000 after acquiring an additional 707 shares during the last quarter. Finally, Kestra Private Wealth Services LLC raised its stake in SS&C Technologies by 43.4% in the 4th quarter. Kestra Private Wealth Services LLC now owns 12,352 shares of the technology company's stock valued at $936,000 after acquiring an additional 3,738 shares during the period. 96.95% of the stock is owned by institutional investors.

SS&C Technologies Trading Down 0.6 %

Shares of NASDAQ SSNC traded down $0.53 during midday trading on Friday, reaching $88.60. The stock had a trading volume of 2,166,520 shares, compared to its average volume of 1,437,951. SS&C Technologies Holdings, Inc. has a twelve month low of $59.63 and a twelve month high of $89.50. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.21 and a current ratio of 1.21. The company's 50 day moving average price is $80.04 and its 200 day moving average price is $76.20. The firm has a market cap of $21.94 billion, a price-to-earnings ratio of 29.53 and a beta of 1.38.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The technology company reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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, sell-side analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Monday, March 3rd. SS&C Technologies's payout ratio is currently 33.33%.

Insider Buying and Selling at SS&C Technologies

In other SS&C Technologies news, SVP Jason Douglas White sold 69,000 shares of SS&C Technologies stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $77.07, for a total transaction of $5,317,830.00. Following the completion of the transaction, the senior vice president now owns 6,412 shares in the company, valued at approximately $494,172.84. The trade was a 91.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO William C. Stone sold 132,700 shares of the business's stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $76.85, for a total value of $10,197,995.00. Following the sale, the chief executive officer now directly owns 31,837,926 shares of the company's stock, valued at $2,446,744,613.10. This represents a 0.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 520,000 shares of company stock worth $40,777,638. 15.40% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

SSNC has been the subject of several research analyst reports. StockNews.com raised shares of SS&C Technologies from a "buy" rating to a "strong-buy" rating in a report on Monday, February 10th. Royal Bank of Canada upped their price objective on shares of SS&C Technologies from $86.00 to $96.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. Jefferies Financial Group raised SS&C Technologies from a "hold" rating to a "buy" rating and raised their target price for the company from $70.00 to $94.00 in a report on Monday, February 3rd. Raymond James lifted 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. Finally, 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 note on Monday, February 3rd. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $97.50.

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.