SS&C Technologies Holdings Inc. (NASDAQ:SSNC) declared a quarterly dividend on Friday, November 18th. Investors of record on Thursday, December 1st will be given a dividend of 0.0625 per share on Thursday, December 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date of this dividend is Tuesday, November 29th.

SS&C Technologies Holdings (NASDAQ:SSNC) opened at 32.62 on Monday. SS&C Technologies Holdings has a 1-year low of $23.61 and a 1-year high of $37.33. The company has a 50-day moving average price of $32.07 and a 200-day moving average price of $31.14. The firm has a market capitalization of $6.62 billion, a P/E ratio of 76.93 and a beta of 1.13.

SS&C Technologies Holdings (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, October 27th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.01. SS&C Technologies Holdings had a net margin of 6.23% and a return on equity of 12.92%. The business had revenue of $391.90 million for the quarter, compared to analyst estimates of $78.25 million. During the same period last year, the business posted $0.68 earnings per share. The firm’s quarterly revenue was up 25.9% on a year-over-year basis. On average, equities research analysts predict that SS&C Technologies Holdings will post $1.62 earnings per share for the current fiscal year.

Dividend History for SS&C Technologies Holdings (NASDAQ:SSNC)

SSNC has been the subject of a number of analyst reports. Morgan Stanley raised their target price on shares of SS&C Technologies Holdings from $34.00 to $37.00 and gave the company an “equal weight” rating in a research report on Thursday, July 28th. Jefferies Group set a $36.00 target price on shares of SS&C Technologies Holdings and gave the company a “buy” rating in a research report on Thursday, September 15th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. SS&C Technologies Holdings has an average rating of “Buy” and an average price target of $58.00.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Prudential Financial Inc. boosted its stake in SS&C Technologies Holdings by 110.5% in the second quarter. Prudential Financial Inc. now owns 13,284 shares of the company’s stock worth $373,000 after buying an additional 6,972 shares in the last quarter. Principal Financial Group Inc. boosted its stake in SS&C Technologies Holdings by 135.4% in the second quarter. Principal Financial Group Inc. now owns 37,072 shares of the company’s stock worth $1,041,000 after buying an additional 21,323 shares in the last quarter. BlackRock Investment Management LLC boosted its stake in SS&C Technologies Holdings by 123.7% in the second quarter. BlackRock Investment Management LLC now owns 67,506 shares of the company’s stock worth $1,896,000 after buying an additional 37,330 shares in the last quarter. BlackRock Inc. boosted its stake in SS&C Technologies Holdings by 163.9% in the second quarter. BlackRock Inc. now owns 24,254 shares of the company’s stock worth $682,000 after buying an additional 15,063 shares in the last quarter. Finally, BlackRock Fund Advisors boosted its stake in SS&C Technologies Holdings by 114.0% in the second quarter. BlackRock Fund Advisors now owns 1,939,071 shares of the company’s stock worth $54,449,000 after buying an additional 1,032,828 shares in the last quarter. 89.79% of the stock is owned by institutional investors.

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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