HWG Holdings LP cut its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 76.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,853 shares of the technology company’s stock after selling 15,513 shares during the period. HWG Holdings LP’s holdings in SS&C Technologies were worth $195,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Morgan Stanley grew its holdings in shares of SS&C Technologies by 125.6% during the first quarter. Morgan Stanley now owns 68,033 shares of the technology company’s stock worth $2,409,000 after buying an additional 37,880 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of SS&C Technologies by 302.7% during the second quarter. Bank of Montreal Can now owns 10,961 shares of the technology company’s stock worth $421,000 after buying an additional 8,239 shares during the last quarter. LS Investment Advisors LLC purchased a new position in shares of SS&C Technologies during the second quarter worth about $176,000. Aperio Group LLC grew its holdings in shares of SS&C Technologies by 157.5% during the second quarter. Aperio Group LLC now owns 24,766 shares of the technology company’s stock worth $951,000 after buying an additional 15,150 shares during the last quarter. Finally, Shell Asset Management Co. purchased a new position in shares of SS&C Technologies during the second quarter worth about $687,000. Institutional investors own 86.65% of the company’s stock.

A number of equities analysts recently issued reports on SSNC shares. Zacks Investment Research lowered SS&C Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Morgan Stanley lifted their price objective on SS&C Technologies from $42.00 to $44.00 and gave the company an “overweight” rating in a report on Thursday, October 26th. Raymond James Financial raised SS&C Technologies from an “outperform” rating to a “strong-buy” rating in a report on Tuesday, November 21st. Jefferies Group reaffirmed a “buy” rating on shares of SS&C Technologies in a report on Tuesday, October 3rd. Finally, Citigroup raised SS&C Technologies to a “strong-buy” rating and lifted their price objective for the company from $43.00 to $46.00 in a report on Tuesday, November 21st. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $42.50.

SS&C Technologies Holdings, Inc. (NASDAQ SSNC) opened at $40.65 on Wednesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.96 and a current ratio of 0.96. SS&C Technologies Holdings, Inc. has a 12-month low of $28.43 and a 12-month high of $42.48. The stock has a market capitalization of $8,333.24, a P/E ratio of 23.13, a P/E/G ratio of 1.54 and a beta of 1.08.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Wednesday, October 25th. The technology company reported $0.50 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.50. The firm had revenue of $419.60 million during the quarter, compared to the consensus estimate of $424.14 million. SS&C Technologies had a return on equity of 15.32% and a net margin of 13.47%. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.42 EPS. analysts predict that SS&C Technologies Holdings, Inc. will post 1.78 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be issued a $0.07 dividend. The ex-dividend date is Thursday, November 30th. This represents a $0.28 annualized dividend and a yield of 0.69%. SS&C Technologies’s dividend payout ratio (DPR) is presently 26.67%.

In other news, CFO Patrick J. Pedonti sold 30,000 shares of the company’s 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 completion of the sale, the chief financial officer now directly owns 30,000 shares in the company, valued at approximately $1,211,400. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Patrick J. Pedonti sold 20,000 shares of the company’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $40.69, for a total value of $813,800.00. Following the sale, the chief financial officer now owns 17,500 shares of the company’s stock, valued at $712,075. The disclosure for this sale can be found here. Insiders sold a total of 70,000 shares of company stock valued at $2,818,200 over the last quarter. 17.60% of the stock is currently owned by insiders.

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SS&C Technologies 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.

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

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