SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Stock Holdings Lifted by AlphaMark Advisors LLC

AlphaMark Advisors LLC raised its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 4.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,359 shares of the technology company’s stock after purchasing an additional 412 shares during the period. AlphaMark Advisors LLC’s holdings in SS&C Technologies were worth $785,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Janus Henderson Group PLC raised its holdings in SS&C Technologies by 5.4% during the third quarter. Janus Henderson Group PLC now owns 16,059,475 shares of the technology company’s stock valued at $1,191,774,000 after buying an additional 817,501 shares in the last quarter. Point72 Asset Management L.P. increased its holdings in shares of SS&C Technologies by 250.9% during the 3rd quarter. Point72 Asset Management L.P. now owns 593,700 shares of the technology company’s stock valued at $44,058,000 after acquiring an additional 424,487 shares during the last quarter. Two Sigma Advisers LP raised its stake in shares of SS&C Technologies by 433.9% in the 3rd quarter. Two Sigma Advisers LP now owns 415,400 shares of the technology company’s stock valued at $30,827,000 after acquiring an additional 337,600 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in SS&C Technologies by 44.2% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 897,198 shares of the technology company’s stock worth $66,581,000 after purchasing an additional 275,186 shares during the last quarter. Finally, Walleye Capital LLC boosted its position in SS&C Technologies by 933.2% during the third quarter. Walleye Capital LLC now owns 231,134 shares of the technology company’s stock worth $17,152,000 after purchasing an additional 208,763 shares during the period. 96.95% of the stock is currently owned by institutional investors and hedge funds.

SS&C Technologies Trading Up 0.5 %

Shares of SSNC opened at $79.98 on Friday. The stock has a 50 day simple moving average of $76.51 and a 200-day simple moving average of $73.94. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.04. The stock has a market cap of $19.81 billion, a PE ratio of 28.67 and a beta of 1.37. SS&C Technologies Holdings, Inc. has a 1 year low of $59.53 and a 1 year high of $80.67.

SS&C Technologies (NASDAQ:SSNC) last issued its earnings results on Thursday, October 24th. The technology company reported $1.29 EPS for the quarter, beating the consensus estimate of $1.26 by $0.03. SS&C Technologies had a net margin of 12.26% and a return on equity of 17.33%. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the company earned $1.04 EPS. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. On average, sell-side analysts predict that SS&C Technologies Holdings, Inc. will post 4.62 EPS for the current fiscal year.

SS&C Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date was Monday, December 2nd. SS&C Technologies’s dividend payout ratio (DPR) is currently 35.84%.

Analysts Set New Price Targets

SSNC has been the topic of a number of recent analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $90.00 price target on shares of SS&C Technologies in a research report on Friday, October 25th. StockNews.com lowered shares of SS&C Technologies from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 15th. Raymond James lifted their price objective on SS&C Technologies from $79.00 to $85.00 and gave the stock a “strong-buy” rating in a research note on Friday, October 25th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $92.00 price target on shares of SS&C Technologies in a research report on Thursday, October 10th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, SS&C Technologies presently has an average rating of “Moderate Buy” and an average target price of $77.75.

Insider Transactions at SS&C Technologies

In other news, CEO William C. Stone sold 247,300 shares of the stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $76.61, for a total transaction of $18,945,653.00. Following the sale, the chief executive officer now owns 31,837,926 shares in the company, valued at approximately $2,439,103,510.86. This represents a 0.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jason Douglas White sold 69,000 shares of SS&C Technologies stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $77.07, for a total value of $5,317,830.00. Following the completion of the transaction, the senior vice president now directly owns 6,412 shares of the company’s stock, valued at $494,172.84. This represents a 91.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 449,000 shares of company stock valued at $34,461,478 in the last three months. 15.40% of the stock is owned by corporate insiders.

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.