Integrated Investment Consultants LLC Has $1.77 Million Stock Holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)

Integrated Investment Consultants LLC lifted its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 14.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,326 shares of the technology company’s stock after purchasing an additional 3,006 shares during the quarter. Integrated Investment Consultants LLC’s holdings in SS&C Technologies were worth $1,768,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SSNC. American Century Companies Inc. raised its holdings in SS&C Technologies by 9.9% during the second quarter. American Century Companies Inc. now owns 16,245 shares of the technology company’s stock valued at $1,018,000 after buying an additional 1,460 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of SS&C Technologies by 0.5% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 156,998 shares of the technology company’s stock valued at $9,839,000 after acquiring an additional 797 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of SS&C Technologies by 14.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,696,702 shares of the technology company’s stock valued at $168,995,000 after acquiring an additional 349,911 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in SS&C Technologies by 1.3% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 18,470 shares of the technology company’s stock worth $1,158,000 after purchasing an additional 238 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its position in SS&C Technologies by 10.6% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 13,175 shares of the technology company’s stock worth $826,000 after purchasing an additional 1,260 shares during the period. Institutional investors own 96.95% of the company’s stock.

Wall Street Analyst Weigh In

SSNC has been the subject of a number of analyst reports. DA Davidson restated a “buy” rating and issued a $92.00 price objective on shares of SS&C Technologies in a research note on Thursday, October 10th. Needham & Company LLC reissued a “buy” rating and set a $90.00 target price on shares of SS&C Technologies in a research report on Friday, October 25th. StockNews.com downgraded SS&C Technologies from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 15th. Finally, Raymond James boosted their price objective on SS&C Technologies from $79.00 to $85.00 and gave the stock a “strong-buy” rating in a research report on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $77.75.

Insider Transactions at SS&C Technologies

In related news, SVP Jason Douglas White sold 69,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $77.07, for a total transaction of $5,317,830.00. Following the completion of the transaction, the senior vice president now owns 6,412 shares in the company, valued at $494,172.84. This trade represents a 91.50 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO William C. Stone sold 132,700 shares of the company’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $76.85, for a total value of $10,197,995.00. Following the completion of the sale, the chief executive officer now owns 31,837,926 shares in the company, valued at $2,446,744,613.10. This trade represents a 0.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 449,000 shares of company stock valued at $34,461,478. Company insiders own 15.40% of the company’s stock.

SS&C Technologies Stock Down 0.8 %

SSNC stock opened at $78.50 on Friday. SS&C Technologies Holdings, Inc. has a twelve month low of $59.20 and a twelve month high of $79.59. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.04. The company has a market cap of $19.44 billion, a PE ratio of 28.14 and a beta of 1.37. The business’s 50-day simple moving average is $75.98 and its 200 day simple moving average is $73.26.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings data on Thursday, October 24th. The technology company reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.03. The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.44 billion. SS&C Technologies had a return on equity of 17.33% and a net margin of 12.26%. SS&C Technologies’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.04 EPS. On average, research analysts anticipate that SS&C Technologies Holdings, Inc. will post 4.62 earnings per share for the current year.

SS&C Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date was Monday, December 2nd. SS&C Technologies’s dividend payout ratio is 35.84%.

SS&C Technologies Company Profile

SS&C Technologies Holdings, Inc, together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company owns and operates technology stack across securities accounting; front-office functions, such as trading and modeling; middle-office functions comprising portfolio management and reporting; back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing, and compliance and tax reporting; and healthcare solutions consisting of claims adjudication, benefit management, care management, and business intelligence solutions.