SS&C Technologies Holdings Inc. (NASDAQ:SSNC) saw strong trading volume on Thursday . 1,133,499 shares traded hands during trading, a decline of 14% from the previous session’s volume of 1,314,811 shares.The stock last traded at $30.85 and had previously closed at $30.70.

Several equities research analysts recently commented on the company. Jefferies Group reiterated a “buy” rating and set a $72.00 target price on shares of SS&C Technologies Holdings in a report on Friday, May 6th. Deutsche Bank AG dropped their target price on SS&C Technologies Holdings from $63.00 to $32.00 and set a “hold” rating on the stock in a report on Monday. Royal Bank Of Canada began coverage on SS&C Technologies Holdings in a report on Friday, May 13th. They set an “outperform” rating and a $72.00 target price on the stock. Needham & Company LLC restated a “buy” rating and set a $78.00 price objective (up from $76.00) on shares of SS&C Technologies Holdings in a report on Saturday, May 7th. Finally, Zacks Investment Research downgraded SS&C Technologies Holdings from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 9th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $71.42.

The stock’s 50-day moving average price is $29.46 and its 200-day moving average price is $30.25. The company has a market capitalization of $6.11 billion and a price-to-earnings ratio of 259.24.

SS&C Technologies Holdings (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, May 5th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.02. During the same quarter last year, the company posted $0.60 EPS. The company had revenue of $324.13 million for the quarter, compared to the consensus estimate of $338.58 million. The business’s revenue was up 57.5% compared to the same quarter last year. Equities research analysts forecast that SS&C Technologies Holdings Inc. will post $1.61 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 15th. Stockholders of record on Wednesday, June 1st were paid a dividend of $0.0966 per share. The ex-dividend date was Friday, May 27th. This represents a $0.39 annualized dividend and a dividend yield of 1.25%.

In other news, CEO William C. Stone sold 20,000 shares of the company’s stock in a transaction dated Tuesday, May 10th. The stock was sold at an average price of $59.15, for a total transaction of $1,183,000.00. Following the completion of the sale, the chief executive officer now owns 15,231,295 shares in the company, valued at approximately $900,931,099.25. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Normand A. Boulanger sold 124,651 shares of the company’s stock in a transaction dated Friday, May 27th. The stock was sold at an average price of $61.27, for a total value of $7,637,366.77. Following the sale, the chief operating officer now owns 69,651 shares of the company’s stock, valued at approximately $4,267,516.77. The disclosure for this sale can be found here.

Other institutional investors have bought and sold shares of the company. Vanguard Group Inc. boosted its position in SS&C Technologies Holdings by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 5,515,818 shares of the company’s stock valued at $376,565,000 after buying an additional 161,508 shares in the last quarter. Wells Fargo & Company MN boosted its position in SS&C Technologies Holdings by 18.2% in the fourth quarter. Wells Fargo & Company MN now owns 509,561 shares of the company’s stock valued at $34,787,000 after buying an additional 78,606 shares in the last quarter. New York State Common Retirement Fund boosted its position in SS&C Technologies Holdings by 5.1% in the fourth quarter. New York State Common Retirement Fund now owns 224,100 shares of the company’s stock valued at $15,299,000 after buying an additional 10,800 shares in the last quarter. Monarch Partners Asset Management LLC boosted its position in SS&C Technologies Holdings by 55.7% in the fourth quarter. Monarch Partners Asset Management LLC now owns 196,867 shares of the company’s stock valued at $13,440,000 after buying an additional 70,417 shares in the last quarter. Finally, Morgan Stanley boosted its position in SS&C Technologies Holdings by 223.9% in the fourth quarter. Morgan Stanley now owns 170,168 shares of the company’s stock valued at $11,618,000 after buying an additional 117,624 shares in the last quarter.

SS&C Technologies Holdings, Inc (SS&C Holdings) is a holding company, which provides software products and software-enabled services. The Company operates primarily through its subsidiary, SS&C Technologies, Inc The Company’s service offerings are classified as portfolio management/accounting; trading/treasury operations; financial modeling; loan management/accounting; property management; money market processing; software-enabled services; professional services, and product support.

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