Teachers Advisors LLC boosted its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 11.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 181,120 shares of the technology company’s stock after buying an additional 18,787 shares during the quarter. Teachers Advisors LLC owned approximately 0.09% of SS&C Technologies Holdings worth $6,957,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SSNC. Great West Life Assurance Co. Can lifted its holdings in SS&C Technologies Holdings by 13.4% during the 1st quarter. Great West Life Assurance Co. Can now owns 20,356 shares of the technology company’s stock worth $720,000 after buying an additional 2,400 shares in the last quarter. Comerica Bank lifted its holdings in SS&C Technologies Holdings by 1.1% during the 1st quarter. Comerica Bank now owns 8,043 shares of the technology company’s stock worth $302,000 after buying an additional 89 shares in the last quarter. UBS Asset Management Americas Inc. lifted its holdings in SS&C Technologies Holdings by 4.0% during the 1st quarter. UBS Asset Management Americas Inc. now owns 120,042 shares of the technology company’s stock worth $4,249,000 after buying an additional 4,608 shares in the last quarter. Karp Capital Management Corp acquired a new position in SS&C Technologies Holdings during the 1st quarter worth $340,000. Finally, Envestnet Asset Management Inc. lifted its holdings in SS&C Technologies Holdings by 1.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 22,011 shares of the technology company’s stock worth $777,000 after buying an additional 261 shares in the last quarter. 86.92% of the stock is currently owned by hedge funds and other institutional investors.

SSNC has been the topic of several research reports. Zacks Investment Research raised SS&C Technologies Holdings from a “hold” rating to a “buy” rating and set a $43.00 price objective on the stock in a report on Wednesday, August 2nd. Royal Bank Of Canada reiterated a “buy” rating and set a $41.00 target price on shares of SS&C Technologies Holdings in a research report on Wednesday, August 9th. Jefferies Group LLC reiterated a “buy” rating on shares of SS&C Technologies Holdings in a research report on Tuesday, October 3rd. BidaskClub cut shares of SS&C Technologies Holdings from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 4th. Finally, DA Davidson initiated coverage on shares of SS&C Technologies Holdings in a research report on Thursday, September 14th. They set a “buy” rating and a $43.00 target price for the company. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $41.75.

Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) opened at 40.91 on Friday. SS&C Technologies Holdings, Inc. has a 12 month low of $28.43 and a 12 month high of $41.22. The firm’s 50 day moving average is $38.77 and its 200 day moving average is $37.88. The company has a market cap of $8.40 billion, a PE ratio of 43.61 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 EPS for the quarter, hitting analysts’ consensus estimates of $0.46. The company had revenue of $414.10 million for the quarter, compared to analyst estimates of $413.33 million. SS&C Technologies Holdings had a net margin of 12.17% and a return on equity of 14.90%. SS&C Technologies Holdings’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.39 earnings per share. On average, equities analysts predict that SS&C Technologies Holdings, Inc. will post $1.94 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, September 1st were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date was Wednesday, August 30th. This is a positive change from SS&C Technologies Holdings’s previous quarterly dividend of $0.06. SS&C Technologies Holdings’s payout ratio is 29.79%.

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In other SS&C Technologies Holdings news, Director Michael Jay Zamkow purchased 14,275 shares of the business’s stock in a transaction dated Thursday, August 10th. The shares were bought at an average price of $36.62 per share, for a total transaction of $522,750.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Patrick J. Pedonti sold 30,000 shares of SS&C Technologies Holdings stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $40.38, for a total transaction of $1,211,400.00. Following the transaction, the chief financial officer now owns 30,000 shares in the company, valued at approximately $1,211,400. The disclosure for this sale can be found here. In the last quarter, insiders have sold 90,000 shares of company stock worth $3,503,100. 17.60% of the stock is owned by company 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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