AlphaMark Advisors LLC Has $785,000 Stock Holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)

AlphaMark Advisors LLC increased its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 4.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,359 shares of the technology company’s stock after purchasing an additional 412 shares during the quarter. AlphaMark Advisors LLC’s holdings in SS&C Technologies were worth $785,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American Century Companies Inc. grew its position in shares of SS&C Technologies by 9.9% during the 2nd quarter. American Century Companies Inc. now owns 16,245 shares of the technology company’s stock worth $1,018,000 after buying an additional 1,460 shares during the period. Sei Investments Co. boosted its stake in SS&C Technologies by 116.3% in the second quarter. Sei Investments Co. now owns 119,055 shares of the technology company’s stock valued at $7,461,000 after acquiring an additional 64,020 shares during the last quarter. Marshall Wace LLP grew its holdings in SS&C Technologies by 42.8% during the 2nd quarter. Marshall Wace LLP now owns 8,741 shares of the technology company’s stock worth $548,000 after acquiring an additional 2,618 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its position in shares of SS&C Technologies by 60.9% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 42,607 shares of the technology company’s stock valued at $2,670,000 after acquiring an additional 16,132 shares during the last quarter. Finally, Cubist Systematic Strategies LLC lifted its stake in shares of SS&C Technologies by 183.9% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 10,225 shares of the technology company’s stock valued at $641,000 after purchasing an additional 6,624 shares during the period. 96.95% of the stock is owned by institutional investors.

SS&C Technologies Stock Performance

SSNC opened at $79.98 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market capitalization of $19.81 billion, a price-to-earnings ratio of 28.67 and a beta of 1.37. The business’s 50-day moving average price is $76.51 and its two-hundred day moving average price is $73.94. SS&C Technologies Holdings, Inc. has a 1 year low of $59.53 and a 1 year high of $80.67.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, October 24th. The technology company reported $1.29 EPS for the quarter, beating the consensus estimate of $1.26 by $0.03. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.44 billion. SS&C Technologies had a return on equity of 17.33% and a net margin of 12.26%. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.04 EPS. Equities analysts expect that SS&C Technologies Holdings, Inc. will post 4.62 EPS for the current fiscal 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 given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend was Monday, December 2nd. SS&C Technologies’s dividend payout ratio is presently 35.84%.

Insider Buying and Selling

In related news, CEO William C. Stone sold 247,300 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $76.61, for a total transaction of $18,945,653.00. Following the sale, the chief executive officer now owns 31,837,926 shares in the company, valued at approximately $2,439,103,510.86. This represents a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Jason Douglas White sold 69,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $77.07, for a total value of $5,317,830.00. Following the completion of the transaction, the senior vice president now owns 6,412 shares of the company’s stock, valued at approximately $494,172.84. This represents a 91.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 449,000 shares of company stock worth $34,461,478. 15.40% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on SSNC. DA Davidson reaffirmed a “buy” rating and set a $92.00 price objective on shares of SS&C Technologies in a research note on Thursday, October 10th. Raymond James boosted their target price 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. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 price target on shares of SS&C Technologies in a research report on Friday, October 25th. Finally, StockNews.com cut shares of SS&C Technologies from a “strong-buy” rating to a “buy” rating in a report on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $77.75.

SS&C Technologies Profile

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.