RWC Asset Management LLP raised its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 8.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 272,000 shares of the technology company’s stock after acquiring an additional 22,000 shares during the period. RWC Asset Management LLP’s holdings in SS&C Technologies were worth $11,011,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Advisor Group Inc. boosted its stake in SS&C Technologies by 14.3% in the second quarter. Advisor Group Inc. now owns 2,780 shares of the technology company’s stock valued at $106,000 after acquiring an additional 348 shares in the last quarter. Bellwether Investment Group LLC acquired a new stake in SS&C Technologies in the fourth quarter valued at approximately $301,000. QS Investors LLC boosted its stake in SS&C Technologies by 165.7% in the second quarter. QS Investors LLC now owns 4,810 shares of the technology company’s stock valued at $185,000 after acquiring an additional 3,000 shares in the last quarter. Achmea Investment Management B.V. acquired a new stake in SS&C Technologies in the second quarter valued at approximately $247,000. Finally, Crow Point Partners LLC boosted its stake in SS&C Technologies by 74.8% in the third quarter. Crow Point Partners LLC now owns 6,604 shares of the technology company’s stock valued at $263,000 after acquiring an additional 2,826 shares in the last quarter. Institutional investors own 86.62% of the company’s stock.

Several equities research analysts have weighed in on SSNC shares. Morgan Stanley raised their target price on shares of SS&C Technologies from $42.00 to $44.00 and gave the company an “overweight” rating in a research note on Thursday, October 26th. DA Davidson restated a “buy” rating and issued a $44.00 target price on shares of SS&C Technologies in a research note on Thursday, October 26th. Needham & Company LLC restated a “buy” rating on shares of SS&C Technologies in a research note on Friday, October 27th. Citigroup upgraded shares of SS&C Technologies to a “strong-buy” rating and raised their target price for the company from $43.00 to $46.00 in a research note on Tuesday, November 21st. Finally, Raymond James Financial upgraded shares of SS&C Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Tuesday, November 21st. Four analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $49.55.

In other news, CFO Patrick J. Pedonti sold 20,000 shares of SS&C Technologies stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $40.39, for a total transaction of $807,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 60,000 shares of company stock valued at $2,616,200 over the last quarter. Insiders own 17.60% of the company’s stock.

Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) opened at $48.15 on Monday. SS&C Technologies Holdings, Inc. has a one year low of $32.27 and a one year high of $51.39. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.87. The company has a market cap of $9,912.19, a price-to-earnings ratio of 45.86, a PEG ratio of 1.52 and a beta of 1.32.

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SS&C Technologies 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 (NASDAQ:SSNC)

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