SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Shares Bought by Capital Analysts LLC

Capital Analysts LLC lifted its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 3.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,242 shares of the technology company’s stock after acquiring an additional 1,191 shares during the quarter. Capital Analysts LLC’s holdings in SS&C Technologies were worth $2,154,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Advisor Group Holdings Inc. boosted its position in SS&C Technologies by 0.6% during the 4th quarter. Advisor Group Holdings Inc. now owns 25,838 shares of the technology company’s stock valued at $1,346,000 after purchasing an additional 162 shares during the period. The Manufacturers Life Insurance Company boosted its position in SS&C Technologies by 2.4% during the 4th quarter. The Manufacturers Life Insurance Company now owns 7,583 shares of the technology company’s stock worth $395,000 after acquiring an additional 181 shares during the period. SkyView Investment Advisors LLC boosted its position in SS&C Technologies by 4.0% during the 3rd quarter. SkyView Investment Advisors LLC now owns 4,963 shares of the technology company’s stock worth $261,000 after acquiring an additional 192 shares during the period. AlphaMark Advisors LLC boosted its position in SS&C Technologies by 2.1% during the 4th quarter. AlphaMark Advisors LLC now owns 9,240 shares of the technology company’s stock worth $565,000 after acquiring an additional 194 shares during the period. Finally, Arizona State Retirement System boosted its position in SS&C Technologies by 0.3% during the 4th quarter. Arizona State Retirement System now owns 61,366 shares of the technology company’s stock worth $3,750,000 after acquiring an additional 196 shares during the period. Institutional investors and hedge funds own 96.95% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. TheStreet raised SS&C Technologies from a “c+” rating to a “b” rating in a research note on Friday, February 23rd. Truist Financial boosted their price objective on SS&C Technologies from $55.00 to $60.00 and gave the stock a “hold” rating in a research note on Wednesday, February 14th. StockNews.com raised SS&C Technologies from a “buy” rating to a “strong-buy” rating in a research note on Monday, January 29th. Royal Bank of Canada boosted their target price on SS&C Technologies from $65.00 to $72.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 14th. Finally, Needham & Company LLC boosted their target price on SS&C Technologies from $62.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, February 14th. Two research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, SS&C Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $69.44.

SS&C Technologies Stock Up 0.0 %

Shares of SSNC traded up $0.01 during trading hours on Tuesday, hitting $59.91. 47,396 shares of the company were exchanged, compared to its average volume of 953,047. The company has a market cap of $14.80 billion, a PE ratio of 25.17 and a beta of 1.43. The firm’s 50 day moving average is $62.91 and its 200-day moving average is $58.68. SS&C Technologies Holdings, Inc. has a 52 week low of $46.61 and a 52 week high of $65.86. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.07 and a current ratio of 1.07.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings data on Tuesday, February 13th. The technology company reported $1.13 earnings per share for the quarter, hitting the consensus estimate of $1.13. The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.39 billion. SS&C Technologies had a return on equity of 16.74% and a net margin of 11.03%. On average, equities research analysts forecast that SS&C Technologies Holdings, Inc. will post 4.61 EPS for the current fiscal year.

SS&C Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $0.96 dividend on an annualized basis and a yield of 1.60%. SS&C Technologies’s dividend payout ratio (DPR) is presently 40.34%.

SS&C Technologies Company Profile

SS&C Technologies Holdings, Inc, together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company owns and operates technology stack across securities accounting; front-office functions, such as trading and modeling; middle-office functions comprising portfolio management and reporting; back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing, and compliance and tax reporting; and healthcare solutions consisting of claims adjudication, benefit management, care management, and business intelligence solutions.