Royce & Associates LP increased its position in SS&C Technologies Holdings Inc. (NASDAQ:SSNC) by 100.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,000 shares of the company’s stock after buying an additional 9,500 shares during the period. Royce & Associates LP’s holdings in SS&C Technologies Holdings were worth $534,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SSNC. Pioneer Investment Management Inc. increased its position in SS&C Technologies Holdings by 21.3% in the fourth quarter. Pioneer Investment Management Inc. now owns 125,206 shares of the company’s stock worth $8,548,000 after buying an additional 21,992 shares in the last quarter. Norges Bank bought a new position in SS&C Technologies Holdings during the fourth quarter worth $48,189,000. Fisher Asset Management LLC bought a new position in SS&C Technologies Holdings during the first quarter worth $603,000. GW&K Investment Management LLC increased its position in SS&C Technologies Holdings by 14.1% in the first quarter. GW&K Investment Management LLC now owns 149,632 shares of the company’s stock worth $9,490,000 after buying an additional 18,451 shares in the last quarter. Finally, Aperio Group LLC increased its position in SS&C Technologies Holdings by 42.9% in the first quarter. Aperio Group LLC now owns 4,677 shares of the company’s stock worth $297,000 after buying an additional 1,403 shares in the last quarter. 88.19% of the stock is currently owned by institutional investors.

SS&C Technologies Holdings Inc. (NASDAQ:SSNC) traded up 1.89% during midday trading on Wednesday, reaching $32.36. 412,021 shares of the company were exchanged. The firm’s 50-day moving average is $32.20 and its 200-day moving average is $30.75. The firm has a market cap of $6.51 billion, a P/E ratio of 557.93 and a beta of 1.16. SS&C Technologies Holdings Inc. has a one year low of $23.61 and a one year high of $38.60.

SS&C Technologies Holdings (NASDAQ:SSNC) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $0.39 EPS for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.01. SS&C Technologies Holdings had a net margin of 0.99% and a return on equity of 11.94%. The firm had revenue of $384.40 million for the quarter, compared to the consensus estimate of $377.12 million. During the same period in the previous year, the firm posted $0.33 earnings per share. The firm’s revenue was up 80.4% on a year-over-year basis. On average, equities analysts expect that SS&C Technologies Holdings Inc. will post $1.61 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Thursday, September 1st were paid a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date was Tuesday, August 30th. SS&C Technologies Holdings’s dividend payout ratio (DPR) is currently 454.63%.

A number of equities analysts have weighed in on SSNC shares. Jefferies Group reaffirmed a “buy” rating on shares of SS&C Technologies Holdings in a research note on Tuesday, July 5th. Deutsche Bank AG cut 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, Morgan Stanley increased their price target on shares of SS&C Technologies Holdings from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 28th. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. SS&C Technologies Holdings has a consensus rating of “Buy” and a consensus price target of $65.09.

In other news, insider Normand A. Boulanger sold 227,284 shares of the company’s stock in a transaction on Tuesday, August 2nd. The shares were sold at an average price of $31.57, for a total value of $7,175,355.88. Following the transaction, the insider now directly owns 307,500 shares of the company’s stock, valued at $9,707,775. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 18.00% of the company’s stock.

About SS&C Technologies Holdings

SS&C Technologies Holdings, Inc (SS&C Holdings) is a holding company. The Company is a provider of software products and software-enabled services that allow financial services providers to automate complex business processes and manage their information processing requirements. The Company’s portfolio of software products and software-enabled services allows its clients to automate and integrate front-office functions, such as trading and modeling, middle-office functions, such as portfolio management and reporting, and back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing.

5 Day Chart for NASDAQ:SSNC

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