SS&C Technologies Holdings Inc. (NASDAQ:SSNC) shares saw unusually-high trading volume on Thursday . Approximately 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.

SSNC has been the topic of a number of analyst reports. Morgan Stanley initiated coverage on shares of SS&C Technologies Holdings in a research note on Monday, March 28th. They set an “equal weight” rating and a $68.00 price objective on the stock. Zacks Investment Research downgraded shares of SS&C Technologies Holdings from a “strong-buy” rating to a “hold” rating in a research note on Saturday, April 9th. Royal Bank Of Canada initiated coverage on shares of SS&C Technologies Holdings in a research note on Friday, May 13th. They set an “outperform” rating and a $72.00 price objective on the stock. Deutsche Bank AG reduced their price target on shares of SS&C Technologies Holdings from $63.00 to $32.00 and set a “hold” rating on the stock in a research note on Monday, July 11th. Finally, Needham & Company LLC restated a “buy” rating and issued a $78.00 price target (up from $76.00) on shares of SS&C Technologies Holdings in a research note on Saturday, May 7th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. SS&C Technologies Holdings presently has a consensus rating of “Buy” and a consensus price target of $71.42.

The company has a 50 day moving average of $29.46 and a 200-day moving average of $30.23. The firm has a market cap of $6.06 billion and a price-to-earnings ratio of 257.14.

SS&C Technologies Holdings (NASDAQ:SSNC) last announced its quarterly earnings data on Thursday, May 5th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.02. During the same quarter in the prior year, the firm posted $0.60 earnings per share. The firm earned $324.13 million during the quarter, compared to the consensus estimate of $338.58 million. The company’s revenue was up 57.5% on a year-over-year basis. Analysts predict that SS&C Technologies Holdings Inc. will post $1.61 earnings per share for the current year.

In other news, CFO Patrick J. Pedonti sold 14,467 shares of the company’s stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $61.54, for a total transaction of $890,299.18. Following the sale, the chief financial officer now directly owns 14,467 shares in the company, valued at $890,299.18. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, COO Normand A. Boulanger sold 49,231 shares of the company’s stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $61.57, for a total value of $3,031,152.67. Following the sale, the chief operating officer now owns 98,480 shares in the company, valued at $6,063,413.60. The disclosure for this sale can be found here.

Other large investors recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of 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 stake in shares of 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 stake in shares of 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 stake in shares of 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 stake in shares of 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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