Investors sold shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) on strength during trading on Monday. $6.71 million flowed into the stock on the tick-up and $53.07 million flowed out of the stock on the tick-down, for a money net flow of $46.36 million out of the stock. Of all stocks tracked, SS&C Technologies had the 18th highest net out-flow for the day. SS&C Technologies traded up $0.24 for the day and closed at $55.25

A number of research firms have commented on SSNC. ValuEngine raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, September 4th. BidaskClub raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, August 25th. Sandler O’Neill reissued a “buy” rating and issued a $64.00 target price on shares of SS&C Technologies in a research report on Friday, August 3rd. Zacks Investment Research cut shares of SS&C Technologies from a “hold” rating to a “sell” rating in a research report on Friday, July 27th. Finally, Needham & Company LLC boosted their target price on shares of SS&C Technologies to $68.00 and gave the company a “buy” rating in a research report on Monday, August 6th. Two investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $63.09.

The stock has a market cap of $13.18 billion, a PE ratio of 30.87, a PEG ratio of 1.80 and a beta of 1.19. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.53 and a current ratio of 1.53.

SS&C Technologies (NASDAQ:SSNC) last announced its earnings results on Thursday, August 2nd. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.07. The company had revenue of $908.50 million during the quarter, compared to analysts’ expectations of $903.63 million. SS&C Technologies had a net margin of 9.99% and a return on equity of 14.43%. SS&C Technologies’s quarterly revenue was up 121.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.46 earnings per share. equities analysts anticipate that SS&C Technologies Holdings, Inc. will post 2.27 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 18th. Investors of record on Tuesday, September 4th were given a dividend of $0.08 per share. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.07. The ex-dividend date was Friday, August 31st. This represents a $0.32 annualized dividend and a yield of 0.58%. SS&C Technologies’s dividend payout ratio is currently 17.88%.

A number of institutional investors and hedge funds have recently bought and sold shares of SSNC. Wells Fargo & Company MN lifted its position in SS&C Technologies by 12.0% during the first quarter. Wells Fargo & Company MN now owns 138,771 shares of the technology company’s stock worth $7,445,000 after purchasing an additional 14,852 shares during the period. Comerica Bank lifted its position in SS&C Technologies by 51.9% during the first quarter. Comerica Bank now owns 13,742 shares of the technology company’s stock worth $696,000 after purchasing an additional 4,696 shares during the period. Aperio Group LLC lifted its position in SS&C Technologies by 23.4% during the first quarter. Aperio Group LLC now owns 29,711 shares of the technology company’s stock worth $1,594,000 after purchasing an additional 5,643 shares during the period. Teacher Retirement System of Texas raised its stake in SS&C Technologies by 37.3% during the first quarter. Teacher Retirement System of Texas now owns 65,175 shares of the technology company’s stock worth $3,496,000 after acquiring an additional 17,703 shares in the last quarter. Finally, BlackRock Inc. raised its stake in SS&C Technologies by 20.4% during the first quarter. BlackRock Inc. now owns 10,121,082 shares of the technology company’s stock worth $542,895,000 after acquiring an additional 1,712,925 shares in the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

About SS&C Technologies (NASDAQ:SSNC)

SS&C Technologies Holdings, Inc provides software products and software-enabled services to financial services providers. Its products and services allow its clients to automate and integrate front-office functions, such as trading and modeling; middle-office functions, including portfolio management and reporting; and back-office functions comprising accounting, performance measurement, reconciliation, reporting, processing, and clearing.

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