SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 9.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 984,935 shares of the technology company’s stock after purchasing an additional 87,737 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.40% of SS&C Technologies worth $74,638,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Capital Performance Advisors LLP bought a new stake in SS&C Technologies in the third quarter valued at about $68,000. Versant Capital Management Inc increased its holdings in shares of SS&C Technologies by 32.5% in the 4th quarter. Versant Capital Management Inc now owns 949 shares of the technology company’s stock valued at $72,000 after acquiring an additional 233 shares during the last quarter. Brooklyn Investment Group acquired a new stake in shares of SS&C Technologies during the 3rd quarter valued at approximately $73,000. Livforsakringsbolaget Skandia Omsesidigt bought a new position in SS&C Technologies during the third quarter worth $89,000. Finally, Blue Trust Inc. lifted its stake in SS&C Technologies by 557.0% during the third quarter. Blue Trust Inc. now owns 1,971 shares of the technology company’s stock worth $146,000 after purchasing an additional 1,671 shares during the last quarter. 96.95% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on SSNC. Needham & Company LLC reissued a “buy” rating and set a $90.00 target price on shares of SS&C Technologies in a report on Friday, October 25th. DA Davidson reiterated a “buy” rating and set a $92.00 price objective on shares of SS&C Technologies in a research note on Thursday, October 10th. StockNews.com downgraded SS&C Technologies from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 15th. Finally, Raymond James increased their price target 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 issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $77.75.

Insiders Place Their Bets

In other SS&C Technologies news, SVP Jason Douglas White sold 69,000 shares of the firm’s stock in a transaction dated 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 directly owns 6,412 shares in the company, valued at $494,172.84. This trade represents a 91.50 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO William C. Stone sold 247,300 shares of the business’s stock in a transaction on Thursday, December 5th. The shares were 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 directly owns 31,837,926 shares in the company, valued at approximately $2,439,103,510.86. This trade represents a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 449,000 shares of company stock worth $34,461,478. 15.40% of the stock is owned by corporate insiders.

SS&C Technologies Stock Performance

Shares of SSNC opened at $80.23 on Thursday. SS&C Technologies Holdings, Inc. has a 52-week low of $59.53 and a 52-week high of $81.52. The firm has a market capitalization of $19.87 billion, a PE ratio of 28.76 and a beta of 1.37. The firm has a 50-day moving average price of $76.94 and a 200 day moving average price of $74.30. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.04.

SS&C Technologies Announces Dividend

The company 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 1.25%. The ex-dividend date was Monday, December 2nd. SS&C Technologies’s dividend payout ratio is presently 35.84%.

SS&C Technologies Company 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.