Signet Financial Management LLC increased its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 0.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 129,246 shares of the technology company’s stock after purchasing an additional 531 shares during the quarter. Signet Financial Management LLC owned approximately 0.06% of SS&C Technologies Holdings worth $4,964,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Westpac Banking Corp lifted its position in SS&C Technologies Holdings by 0.5% during the first quarter. Westpac Banking Corp now owns 17,904 shares of the technology company’s stock valued at $634,000 after purchasing an additional 83 shares in the last quarter. Comerica Bank grew its holdings in SS&C Technologies Holdings by 1.1% during the first quarter. Comerica Bank now owns 8,043 shares of the technology company’s stock valued at $302,000 after purchasing an additional 89 shares during the period. Utah Retirement Systems grew its holdings in SS&C Technologies Holdings by 0.3% during the first quarter. Utah Retirement Systems now owns 30,700 shares of the technology company’s stock valued at $1,087,000 after purchasing an additional 100 shares during the period. Oppenheimer Asset Management Inc. grew its holdings in SS&C Technologies Holdings by 1.0% during the second quarter. Oppenheimer Asset Management Inc. now owns 16,817 shares of the technology company’s stock valued at $646,000 after purchasing an additional 172 shares during the period. Finally, World Asset Management Inc grew its holdings in SS&C Technologies Holdings by 2.4% during the second quarter. World Asset Management Inc now owns 7,668 shares of the technology company’s stock valued at $295,000 after purchasing an additional 177 shares during the period. 86.92% of the stock is currently owned by institutional investors.

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SS&C Technologies Holdings, Inc. (SSNC) traded up 1.28% during midday trading on Wednesday, reaching $40.99. The company’s stock had a trading volume of 264,526 shares. The stock has a market cap of $8.41 billion, a price-to-earnings ratio of 43.70 and a beta of 1.12. The stock’s 50 day moving average price is $38.47 and its 200-day moving average price is $37.80. SS&C Technologies Holdings, Inc. has a one year low of $28.43 and a one year high of $41.05.

SS&C Technologies Holdings (NASDAQ:SSNC) last announced its quarterly earnings results on Thursday, July 27th. The technology company reported $0.46 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.46. The firm had revenue of $414.10 million for the quarter, compared to the consensus estimate of $413.33 million. SS&C Technologies Holdings had a net margin of 12.17% and a return on equity of 14.90%. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.39 earnings per share. On average, analysts forecast that SS&C Technologies Holdings, Inc. will post $1.94 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 1st were issued a $0.07 dividend. This is a boost from SS&C Technologies Holdings’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $0.28 dividend on an annualized basis and a yield of 0.69%. SS&C Technologies Holdings’s payout ratio is presently 29.79%.

In other news, CFO Patrick J. Pedonti sold 30,000 shares of the firm’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $38.56, for a total transaction of $1,156,800.00. Following the sale, the chief financial officer now directly owns 30,000 shares in the company, valued at approximately $1,156,800. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael Jay Zamkow bought 14,275 shares of the company’s stock in a transaction dated Thursday, August 10th. The shares were acquired at an average price of $36.62 per share, for a total transaction of $522,750.50. The disclosure for this purchase can be found here. Insiders sold 90,000 shares of company stock valued at $3,503,100 in the last ninety days. 17.60% of the stock is owned by corporate insiders.

A number of analysts have commented on SSNC shares. Royal Bank Of Canada restated a “buy” rating and issued a $41.00 price target on shares of SS&C Technologies Holdings in a research report on Wednesday, August 9th. BidaskClub cut SS&C Technologies Holdings from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 4th. Zacks Investment Research upgraded SS&C Technologies Holdings from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a research note on Wednesday, August 2nd. Needham & Company LLC reiterated a “buy” rating and set a $44.00 price objective (up from $42.00) on shares of SS&C Technologies Holdings in a research note on Sunday, July 30th. Finally, DA Davidson started coverage on shares of SS&C Technologies Holdings in a report on Thursday, September 14th. They issued a “buy” rating and a $43.00 target price for the company. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $41.75.

SS&C Technologies Holdings Company Profile

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.

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

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