CHICAGO TRUST Co NA bought a new stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,301 shares of the technology company’s stock, valued at approximately $281,000.

Other hedge funds also recently modified their holdings of the company. BlackRock Inc. boosted its position in SS&C Technologies Holdings by 34,597.2% in the first quarter. BlackRock Inc. now owns 8,232,940 shares of the technology company’s stock worth $291,445,000 after buying an additional 8,209,212 shares in the last quarter. Norges Bank acquired a new position in SS&C Technologies Holdings during the fourth quarter worth $40,938,000. Iridian Asset Management LLC CT acquired a new position in SS&C Technologies Holdings during the first quarter worth $35,644,000. Waratah Capital Advisors Ltd. acquired a new position in SS&C Technologies Holdings during the first quarter worth $25,807,000. Finally, Vanguard Group Inc. raised its position in SS&C Technologies Holdings by 4.7% in the first quarter. Vanguard Group Inc. now owns 13,449,441 shares of the technology company’s stock valued at $476,110,000 after buying an additional 598,114 shares during the last quarter. Institutional investors own 88.41% of the company’s stock.

SS&C Technologies Holdings, Inc. (SSNC) traded down 1.07% on Friday, reaching $37.94. The company had a trading volume of 587,196 shares. The stock has a 50 day moving average of $38.92 and a 200 day moving average of $36.38. SS&C Technologies Holdings, Inc. has a 12 month low of $28.43 and a 12 month high of $40.21. The firm has a market capitalization of $7.76 billion, a PE ratio of 40.45 and a beta of 1.12.

SS&C Technologies Holdings (NASDAQ:SSNC) last posted its quarterly earnings data on Thursday, July 27th. The technology company reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. The business had revenue of $414.10 million for the quarter, compared to analysts’ expectations of $413.33 million. SS&C Technologies Holdings had a net margin of 12.17% and a return on equity of 15.15%. The firm’s revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.39 EPS. On average, analysts anticipate that SS&C Technologies Holdings, Inc. will post $1.94 EPS for the current year.

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SSNC has been the topic of several research reports. Jefferies Group LLC reissued a “buy” rating and set a $45.00 target price (up previously from $39.00) on shares of SS&C Technologies Holdings in a research note on Saturday, April 29th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $39.00 price target (up previously from $35.00) on shares of SS&C Technologies Holdings in a research report on Friday, July 14th. Needham & Company LLC reaffirmed a “buy” rating and issued a $44.00 price target (up previously from $42.00) on shares of SS&C Technologies Holdings in a research report on Sunday, July 30th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $41.00 price target on shares of SS&C Technologies Holdings in a research report on Thursday, July 6th. Finally, Zacks Investment Research raised SS&C Technologies Holdings from a “hold” rating to a “buy” rating and set a $43.00 target price on the stock in a research report on Wednesday. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $41.25.

About SS&C Technologies Holdings

SS&C Technologies Holdings, Inc 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.

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

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