SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Shares Bought by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC lifted its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 53.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 117,913 shares of the technology company’s stock after buying an additional 41,044 shares during the quarter. Kingsview Wealth Management LLC’s holdings in SS&C Technologies were worth $7,206,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of SSNC. Quadrant Capital Group LLC lifted its position in SS&C Technologies by 30.9% in the 4th quarter. Quadrant Capital Group LLC now owns 2,252 shares of the technology company’s stock valued at $138,000 after purchasing an additional 531 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in SS&C Technologies by 1.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 45,989 shares of the technology company’s stock valued at $2,811,000 after purchasing an additional 559 shares during the last quarter. Westpac Banking Corp lifted its position in SS&C Technologies by 177.6% in the 4th quarter. Westpac Banking Corp now owns 4,184 shares of the technology company’s stock valued at $256,000 after purchasing an additional 2,677 shares during the last quarter. Quotient Wealth Partners LLC bought a new stake in SS&C Technologies in the 4th quarter valued at about $260,000. Finally, Envestnet Portfolio Solutions Inc. lifted its position in SS&C Technologies by 5.8% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 9,713 shares of the technology company’s stock valued at $594,000 after purchasing an additional 531 shares during the last quarter. 96.95% of the stock is currently owned by institutional investors.

SS&C Technologies Stock Down 0.5 %

NASDAQ SSNC traded down $0.29 during trading on Friday, reaching $63.72. The company’s stock had a trading volume of 684,409 shares, compared to its average volume of 1,042,842. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $15.76 billion, a PE ratio of 25.39 and a beta of 1.42. The business has a 50-day moving average price of $62.53 and a 200-day moving average price of $60.39. SS&C Technologies Holdings, Inc. has a 1-year low of $46.61 and a 1-year high of $65.86.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last posted its earnings results on Thursday, April 25th. The technology company reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.03. The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.42 billion. SS&C Technologies had a net margin of 11.46% and a return on equity of 17.10%. On average, research analysts forecast that SS&C Technologies Holdings, Inc. will post 4.62 earnings per share for the current fiscal year.

Insider Buying and Selling at SS&C Technologies

In other SS&C Technologies news, Director Michael Jay Zamkow sold 10,000 shares of SS&C Technologies stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $63.94, for a total value of $639,400.00. Following the completion of the sale, the director now directly owns 38,000 shares in the company, valued at $2,429,720. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 15.40% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on SSNC shares. Truist Financial boosted their price target on shares of SS&C Technologies from $55.00 to $60.00 and gave the stock a “hold” rating in a research report on Wednesday, February 14th. Needham & Company LLC boosted their price target on shares of SS&C Technologies from $70.00 to $74.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. StockNews.com upgraded shares of SS&C Technologies from a “buy” rating to a “strong-buy” rating in a research report on Monday, January 29th. DA Davidson restated a “buy” rating and set a $78.00 price target on shares of SS&C Technologies in a research report on Tuesday, April 16th. Finally, Citigroup boosted their price target on shares of SS&C Technologies from $70.00 to $71.00 and gave the stock a “buy” rating in a research report on Thursday, February 15th. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $70.20.

Read Our Latest Stock Report on SS&C Technologies

SS&C Technologies Company Profile

(Free Report)

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.

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

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