Stoneridge Investment Partners LLC purchased a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the second quarter, according to its most recent filing with the SEC. The fund purchased 7,211 shares of the technology company’s stock, valued at approximately $277,000.

Other large investors have also made changes to their positions in the company. Janus Capital Management LLC boosted its stake in shares of SS&C Technologies Holdings by 0.8% in the first quarter. Janus Capital Management LLC now owns 21,574,142 shares of the technology company’s stock valued at $763,720,000 after buying an additional 168,185 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of SS&C Technologies Holdings by 4.7% in the first quarter. Vanguard Group Inc. now owns 13,449,441 shares of the technology company’s stock valued at $476,110,000 after buying an additional 598,114 shares during the last quarter. BlackRock Inc. boosted its stake in shares of SS&C Technologies Holdings by 34,597.2% in the first quarter. BlackRock Inc. now owns 8,232,940 shares of the technology company’s stock valued at $291,445,000 after buying an additional 8,209,212 shares during the last quarter. Southpoint Capital Advisors LP boosted its stake in shares of SS&C Technologies Holdings by 2.5% in the first quarter. Southpoint Capital Advisors LP now owns 4,150,000 shares of the technology company’s stock valued at $146,910,000 after buying an additional 100,000 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of SS&C Technologies Holdings by 14.1% in the first quarter. State Street Corp now owns 2,490,565 shares of the technology company’s stock valued at $88,164,000 after buying an additional 307,363 shares during the last quarter. 88.47% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Holdings, Inc. (SSNC) opened at 37.63 on Friday. SS&C Technologies Holdings, Inc. has a 1-year low of $28.43 and a 1-year high of $40.21. The company’s 50 day moving average is $38.78 and its 200 day moving average is $36.65. The company has a market cap of $7.72 billion, a price-to-earnings ratio of 40.12 and a beta of 1.12.

SS&C Technologies Holdings (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, July 27th. The technology company reported $0.46 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.46. SS&C Technologies Holdings had a net margin of 12.17% and a return on equity of 14.90%. The company had revenue of $414.10 million during the quarter, compared to the consensus estimate of $413.33 million. During the same quarter in the previous year, the firm earned $0.39 earnings per share. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. Equities research analysts forecast that SS&C Technologies Holdings, Inc. will post $1.94 EPS for the current year.

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SSNC has been the subject of several research reports. Zacks Investment Research raised shares of SS&C Technologies Holdings from a “hold” rating to a “buy” rating and set a $43.00 price target for the company in a research report on Wednesday, August 2nd. Royal Bank Of Canada reiterated a “buy” rating and set a $41.00 price objective on shares of SS&C Technologies Holdings in a research note on Wednesday. BidaskClub lowered shares of SS&C Technologies Holdings from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 4th. Jefferies Group LLC reiterated a “buy” rating and set a $45.00 price objective (up previously from $39.00) on shares of SS&C Technologies Holdings in a research note on Saturday, April 29th. Finally, Needham & Company LLC boosted their price objective on shares of SS&C Technologies Holdings from $39.00 to $42.00 and gave the stock a “buy” rating in a research note on Friday, April 28th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $41.25.

In other news, Director Michael Jay Zamkow purchased 14,275 shares of the firm’s stock in a transaction that occurred on Thursday, August 10th. The stock was bought at an average price of $36.62 per share, for a total transaction of $522,750.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 17.60% of the stock is owned by insiders.

SS&C Technologies Holdings 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.

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

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