Public Employees Retirement Association of Colorado boosted its stake in shares of SS&C Technologies Holdings Inc. (NASDAQ:SSNC) by 100.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 377,919 shares of the company’s stock after buying an additional 189,051 shares during the period. Public Employees Retirement Association of Colorado owned 0.19% of SS&C Technologies Holdings worth $10,612,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SSNC. Envestnet Asset Management Inc. increased its stake in SS&C Technologies Holdings by 2.1% in the first quarter. Envestnet Asset Management Inc. now owns 17,490 shares of the company’s stock valued at $1,109,000 after buying an additional 362 shares during the last quarter. Mount Lucas Management LP increased its stake in SS&C Technologies Holdings by 10.4% in the first quarter. Mount Lucas Management LP now owns 4,866 shares of the company’s stock valued at $309,000 after buying an additional 460 shares during the last quarter. Seven Eight Capital LLC increased its stake in SS&C Technologies Holdings by 22.6% in the first quarter. Seven Eight Capital LLC now owns 3,800 shares of the company’s stock valued at $241,000 after buying an additional 700 shares during the last quarter. Aperio Group LLC increased its stake in SS&C Technologies Holdings by 42.9% in the first quarter. Aperio Group LLC now owns 4,677 shares of the company’s stock valued at $297,000 after buying an additional 1,403 shares during the last quarter. Finally, BlackRock Group LTD increased its stake in SS&C Technologies Holdings by 1.6% in the first quarter. BlackRock Group LTD now owns 105,197 shares of the company’s stock valued at $6,671,000 after buying an additional 1,625 shares during the last quarter. Institutional investors own 88.19% of the company’s stock.

Institutional Ownership by Quarter for SS&C Technologies Holdings (NASDAQ:SSNC)

SS&C Technologies Holdings Inc. (NASDAQ:SSNC) traded up 0.09% on Friday, reaching $31.82. 503,783 shares of the company’s stock were exchanged. The company has a market capitalization of $6.40 billion, a P/E ratio of 548.62 and a beta of 1.09. The firm has a 50-day moving average price of $32.54 and a 200-day moving average price of $30.95. SS&C Technologies Holdings Inc. has a 1-year low of $23.61 and a 1-year high of $38.60.

SS&C Technologies Holdings (NASDAQ:SSNC) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $0.39 EPS for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.01. SS&C Technologies Holdings had a net margin of 0.99% and a return on equity of 11.94%. The company had revenue of $384.40 million for the quarter, compared to the consensus estimate of $377.12 million. During the same period in the prior year, the firm posted $0.33 EPS. The company’s quarterly revenue was up 80.4% compared to the same quarter last year. Equities research analysts expect that SS&C Technologies Holdings Inc. will post $1.61 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Thursday, September 1st were given a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend was Tuesday, August 30th. SS&C Technologies Holdings’s dividend payout ratio is presently 454.63%.

SSNC has been the subject of several research reports. Morgan Stanley lifted their price objective on shares of SS&C Technologies Holdings from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 28th. Deutsche Bank AG lowered their price objective on shares of SS&C Technologies Holdings from $63.00 to $32.00 and set a “hold” rating for the company in a research note on Monday, July 11th. Finally, Jefferies Group set a $36.00 price objective on shares of SS&C Technologies Holdings and gave the stock a “buy” rating in a research note on Thursday, September 15th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $63.00.

In other SS&C Technologies Holdings news, insider Normand A. Boulanger sold 227,284 shares of the stock in a transaction that occurred on Tuesday, August 2nd. The shares were sold at an average price of $31.57, for a total value of $7,175,355.88. Following the sale, the insider now directly owns 307,500 shares of the company’s stock, valued at approximately $9,707,775. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 18.00% of the stock is currently owned by company insiders.

SS&C Technologies Holdings Company Profile

SS&C Technologies Holdings, Inc (SS&C Holdings) is a holding company. The Company is a provider of software products and software-enabled services that allow financial services providers to automate complex business processes and manage their information processing requirements. The Company’s portfolio of software products and software-enabled services allows its clients to automate and integrate front-office functions, such as trading and modeling, middle-office functions, such as portfolio management and reporting, and back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing.

5 Day Chart for NASDAQ:SSNC

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