SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Shares Acquired by Schroder Investment Management Group

Schroder Investment Management Group increased its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,981 shares of the technology company’s stock after purchasing an additional 2,996 shares during the period. Schroder Investment Management Group owned approximately 0.06% of SS&C Technologies worth $10,380,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SSNC. Vanguard Group Inc. lifted its holdings in shares of SS&C Technologies by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 20,215,026 shares of the technology company’s stock valued at $1,531,895,000 after buying an additional 239,438 shares during the period. State Street Corp boosted its position in SS&C Technologies by 2.2% in the 3rd quarter. State Street Corp now owns 5,624,174 shares of the technology company’s stock worth $417,370,000 after purchasing an additional 121,223 shares in the last quarter. Boston Partners grew its stake in shares of SS&C Technologies by 283.1% during the 4th quarter. Boston Partners now owns 5,279,386 shares of the technology company’s stock worth $400,161,000 after purchasing an additional 3,901,227 shares during the period. Cantillon Capital Management LLC increased its holdings in shares of SS&C Technologies by 0.6% during the 4th quarter. Cantillon Capital Management LLC now owns 4,533,081 shares of the technology company’s stock valued at $343,517,000 after purchasing an additional 25,895 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of SS&C Technologies by 1.8% in the 3rd quarter. Geode Capital Management LLC now owns 3,621,022 shares of the technology company’s stock valued at $268,075,000 after purchasing an additional 64,299 shares during the period. 96.95% of the stock is currently owned by institutional investors and hedge funds.

SS&C Technologies Price Performance

Shares of NASDAQ SSNC opened at $74.35 on Friday. The stock has a market capitalization of $18.33 billion, a price-to-earnings ratio of 24.78 and a beta of 1.36. SS&C Technologies Holdings, Inc. has a 52 week low of $59.63 and a 52 week high of $89.73. The firm has a 50-day simple moving average of $84.27 and a 200-day simple moving average of $78.45. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.04.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, February 6th. The technology company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.09. SS&C Technologies had a net margin of 12.93% and a return on equity of 18.30%. On average, equities analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date was Monday, March 3rd. SS&C Technologies’s dividend payout ratio (DPR) is presently 33.33%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. DA Davidson upped their price objective on shares of SS&C Technologies from $92.00 to $102.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Jefferies Financial Group upgraded SS&C Technologies from a “hold” rating to a “buy” rating and increased their price target for the stock from $70.00 to $94.00 in a research report on Monday, February 3rd. StockNews.com upgraded SS&C Technologies from a “buy” rating to a “strong-buy” rating in a research report on Monday, February 10th. UBS Group lifted their price target on shares of SS&C Technologies from $92.00 to $93.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Finally, Royal Bank of Canada upped their price objective on shares of SS&C Technologies from $86.00 to $96.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Five equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $97.50.

Insider Activity

In other news, SVP Jason Douglas White sold 71,000 shares of SS&C Technologies stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $88.96, for a total transaction of $6,316,160.00. Following the sale, the senior vice president now owns 6,412 shares of the company’s stock, valued at approximately $570,411.52. The trade was a 91.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Jay Zamkow sold 23,000 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $88.39, for a total value of $2,032,970.00. Following the completion of the transaction, the director now owns 23,200 shares of the company’s stock, valued at $2,050,648. The trade was a 49.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 15.40% of the company’s stock.

About SS&C Technologies

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.