SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) declared a quarterly dividend on Friday, November 17th, Wall Street Journal reports. Shareholders of record on Friday, December 1st will be paid a dividend of 0.07 per share by the technology company on Friday, December 15th. This represents a $0.28 annualized dividend and a yield of 0.70%. The ex-dividend date is Thursday, November 30th.

Shares of SS&C Technologies Holdings (NASDAQ:SSNC) traded up $0.42 during trading on Friday, reaching $40.11. 295,800 shares of the company’s stock traded hands, compared to its average volume of 1,027,873. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.96 and a quick ratio of 0.96. The stock has a market capitalization of $8,220.00, a PE ratio of 22.68, a PEG ratio of 1.51 and a beta of 1.09. SS&C Technologies Holdings has a twelve month low of $28.43 and a twelve month high of $42.48.

SS&C Technologies Holdings (NASDAQ:SSNC) last issued its earnings results on Wednesday, October 25th. The technology company reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50. The business had revenue of $419.60 million during the quarter, compared to analysts’ expectations of $424.14 million. SS&C Technologies Holdings had a net margin of 13.47% and a return on equity of 15.32%. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.42 earnings per share. research analysts forecast that SS&C Technologies Holdings will post 1.78 earnings per share for the current fiscal year.

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In related news, CFO Patrick J. Pedonti sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $39.65, for a total transaction of $793,000.00. Following the completion of the sale, the chief financial officer now directly owns 20,000 shares in the company, valued at $793,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Patrick J. Pedonti sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The shares were 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 owns 30,000 shares of the company’s stock, valued at $1,156,800. The disclosure for this sale can be found here. Insiders have sold 80,000 shares of company stock valued at $3,161,200 over the last 90 days. 17.60% of the stock is currently owned by company insiders.

SSNC has been the subject of several recent analyst reports. Zacks Investment Research cut shares of SS&C Technologies Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Morgan Stanley lifted their price target on shares of SS&C Technologies Holdings from $42.00 to $44.00 and gave the stock an “overweight” rating in a research note on Thursday, October 26th. Needham & Company LLC reiterated a “buy” rating and issued a $44.00 price target (up from $42.00) on shares of SS&C Technologies Holdings in a research note on Sunday, July 30th. Jefferies Group LLC reiterated a “buy” rating on shares of SS&C Technologies Holdings in a research note on Tuesday, October 3rd. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $41.00 price target on shares of SS&C Technologies Holdings in a research note on Wednesday, August 9th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $42.11.

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.

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

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