Burgundy Asset Management Ltd. boosted its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 2.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,652,366 shares of the technology company’s stock after acquiring an additional 68,110 shares during the period. Burgundy Asset Management Ltd. owned 1.29% of SS&C Technologies worth $106,492,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Advisor Group Inc. grew its holdings in SS&C Technologies by 14.3% in the 2nd quarter. Advisor Group Inc. now owns 2,780 shares of the technology company’s stock valued at $106,000 after buying an additional 348 shares in the last quarter. Bronfman E.L. Rothschild L.P. grew its holdings in SS&C Technologies by 25.6% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 3,050 shares of the technology company’s stock valued at $117,000 after buying an additional 622 shares in the last quarter. First Mercantile Trust Co. grew its holdings in SS&C Technologies by 20.5% in the 2nd quarter. First Mercantile Trust Co. now owns 3,676 shares of the technology company’s stock valued at $141,000 after buying an additional 625 shares in the last quarter. QS Investors LLC grew its holdings in SS&C Technologies by 165.7% in the 2nd quarter. QS Investors LLC now owns 4,810 shares of the technology company’s stock valued at $185,000 after buying an additional 3,000 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in SS&C Technologies by 46.2% in the 2nd quarter. SG Americas Securities LLC now owns 4,902 shares of the technology company’s stock valued at $188,000 after buying an additional 1,550 shares in the last quarter. Institutional investors and hedge funds own 86.65% of the company’s stock.

In other news, CFO Patrick J. Pedonti sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $39.65, for a total transaction of $793,000.00. Following the completion of the transaction, the chief financial officer now directly owns 20,000 shares in the company, valued at $793,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Patrick J. Pedonti sold 30,000 shares of the firm’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $40.38, for a total value of $1,211,400.00. Following the transaction, the chief financial officer now owns 30,000 shares of the company’s stock, valued at $1,211,400. The disclosure for this sale can be found here. Insiders have sold 70,000 shares of company stock valued at $2,818,200 over the last 90 days. 17.60% of the stock is owned by corporate insiders.

A number of research analysts have commented on the company. Morgan Stanley upped their price objective on SS&C Technologies from $42.00 to $44.00 and gave the company an “overweight” rating in a report on Thursday, October 26th. UBS reaffirmed a “buy” rating and issued a $49.00 price objective on shares of SS&C Technologies in a report on Thursday. J P Morgan Chase & Co lowered SS&C Technologies from an “overweight” rating to a “neutral” rating and set a $49.00 target price on the stock. in a report on Tuesday. Needham & Company LLC reissued a “buy” rating on shares of SS&C Technologies in a report on Friday, October 27th. Finally, DA Davidson reissued a “buy” rating and set a $44.00 target price on shares of SS&C Technologies in a report on Thursday, October 26th. Four research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $43.82.

Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) opened at $41.30 on Friday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.96 and a quick ratio of 0.96. The firm has a market capitalization of $8,610.00, a PE ratio of 23.73, a P/E/G ratio of 1.58 and a beta of 1.08. SS&C Technologies Holdings, Inc. has a 12 month low of $28.43 and a 12 month high of $42.50.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results on Wednesday, October 25th. The technology company reported $0.50 EPS for the quarter, meeting the consensus estimate of $0.50. The firm had revenue of $419.60 million during the quarter, compared to the consensus estimate of $424.14 million. SS&C Technologies had a return on equity of 15.32% and a net margin of 13.47%. The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period last year, the company earned $0.42 earnings per share. equities analysts predict that SS&C Technologies Holdings, Inc. will post 1.78 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $0.07 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.68%. SS&C Technologies’s dividend payout ratio (DPR) is 26.67%.

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SS&C Technologies Company Profile

SS&C Technologies Holdings, Inc 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.

Institutional Ownership by Quarter for SS&C Technologies (NASDAQ:SSNC)

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