Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) have earned a consensus recommendation of “Buy” from the fourteen brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $66.67.

A number of analysts have recently weighed in on SSNC shares. Jefferies Financial Group upped their price target on shares of SS&C Technologies from $55.00 to $58.00 and gave the stock a “hold” rating in a report on Monday, November 4th. Deutsche Bank upped their price target on shares of SS&C Technologies from $64.00 to $75.00 and gave the stock a “buy” rating in a report on Friday. DA Davidson raised shares of SS&C Technologies from a “neutral” rating to a “buy” rating and set a $62.00 price target for the company in a report on Friday, October 18th. Buckingham Research set a $67.00 price target on shares of SS&C Technologies and gave the stock a “buy” rating in a report on Friday, September 6th. Finally, JPMorgan Chase & Co. set a $69.00 price target on shares of SS&C Technologies and gave the stock a “buy” rating in a report on Friday, November 1st.

A number of large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in SS&C Technologies by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 19,528,351 shares of the technology company’s stock valued at $1,125,028,000 after purchasing an additional 363,305 shares during the last quarter. BlackRock Inc. increased its position in SS&C Technologies by 0.9% in the 2nd quarter. BlackRock Inc. now owns 12,013,392 shares of the technology company’s stock valued at $692,092,000 after acquiring an additional 104,581 shares during the period. State Street Corp increased its position in SS&C Technologies by 1.0% in the 3rd quarter. State Street Corp now owns 4,675,325 shares of the technology company’s stock valued at $241,107,000 after acquiring an additional 47,581 shares during the period. Select Equity Group L.P. increased its position in SS&C Technologies by 22.3% in the 3rd quarter. Select Equity Group L.P. now owns 3,520,078 shares of the technology company’s stock valued at $181,530,000 after acquiring an additional 642,179 shares during the period. Finally, Bank of New York Mellon Corp increased its position in SS&C Technologies by 5.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 3,418,086 shares of the technology company’s stock valued at $196,915,000 after acquiring an additional 171,806 shares during the period. 83.15% of the stock is owned by institutional investors and hedge funds.

Shares of SS&C Technologies stock opened at $59.05 on Tuesday. The company has a 50 day moving average of $57.73 and a 200-day moving average of $53.76. SS&C Technologies has a 1-year low of $40.96 and a 1-year high of $67.73. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.64. The company has a market cap of $14.88 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 2.40 and a beta of 1.29.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, October 31st. The technology company reported $0.93 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.04. SS&C Technologies had a net margin of 7.83% and a return on equity of 19.25%. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the prior year, the firm posted $0.79 EPS. The firm’s quarterly revenue was up 14.7% on a year-over-year basis. Research analysts forecast that SS&C Technologies will post 3.5 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be paid a $0.125 dividend. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.50 annualized dividend and a yield of 0.85%. SS&C Technologies’s dividend payout ratio is presently 19.08%.

About SS&C Technologies

SS&C Technologies Holdings, Inc provides software products and software-enabled services to financial services and healthcare industries in the United States, Canada, rest of the Americas, Europe, the Asia Pacific, and Japan. The company's 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, transfer agency, compliance, regulatory services, performance measurement, reconciliation, reporting, processing, and clearing.

Read More: How Do Front-End Loads Impact an Investment?

Analyst Recommendations for SS&C Technologies (NASDAQ:SSNC)

Receive News & Ratings for SS&C Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SS&C Technologies and related companies with MarketBeat.com's FREE daily email newsletter.