SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Shares Bought by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC increased its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 2.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 130,089 shares of the technology company’s stock after purchasing an additional 2,726 shares during the quarter. Bryn Mawr Capital Management LLC owned 0.05% of SS&C Technologies worth $9,858,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Denali Advisors LLC lifted its holdings in shares of SS&C Technologies by 107.8% in the fourth quarter. Denali Advisors LLC now owns 7,711 shares of the technology company’s stock valued at $584,000 after purchasing an additional 4,000 shares in the last quarter. Skylands Capital LLC lifted its stake in SS&C Technologies by 19.2% in the 4th quarter. Skylands Capital LLC now owns 84,225 shares of the technology company’s stock valued at $6,383,000 after buying an additional 13,575 shares in the last quarter. IFP Advisors Inc grew its holdings in SS&C Technologies by 9.7% during the 4th quarter. IFP Advisors Inc now owns 2,412 shares of the technology company’s stock valued at $183,000 after buying an additional 213 shares during the last quarter. Union Bancaire Privee UBP SA purchased a new position in SS&C Technologies during the fourth quarter worth $772,000. Finally, Fisher Funds Management LTD acquired a new position in shares of SS&C Technologies in the fourth quarter worth $3,544,000. Hedge funds and other institutional investors own 96.95% of the company’s stock.

Analysts Set New Price Targets

SSNC has been the topic of a number of analyst reports. UBS Group increased their price objective on SS&C Technologies from $92.00 to $93.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. StockNews.com raised shares of SS&C Technologies from a “buy” rating to a “strong-buy” rating in a research report on Monday, February 10th. Royal Bank of Canada raised their target price on shares of SS&C Technologies from $86.00 to $96.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Raymond James boosted their price target on SS&C Technologies from $85.00 to $95.00 and gave the company a “strong-buy” rating in a report on Friday, February 7th. Finally, Needham & Company LLC raised their price objective on SS&C Technologies from $90.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Five equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, SS&C Technologies has an average rating of “Buy” and a consensus price target of $97.50.

Insider Activity at SS&C Technologies

In other news, CEO William C. Stone sold 247,300 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer now directly owns 31,837,926 shares in the company, valued at approximately $2,439,103,510.86. This represents a 0.77 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Jason Douglas White sold 71,000 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $88.96, for a total transaction of $6,316,160.00. Following the completion of the sale, the senior vice president now directly owns 6,412 shares in the company, valued at $570,411.52. This represents a 91.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 451,000 shares of company stock worth $35,459,808. Corporate insiders own 15.40% of the company’s stock.

SS&C Technologies Price Performance

SSNC stock opened at $88.45 on Wednesday. The company has a market cap of $21.91 billion, a PE ratio of 29.48 and a beta of 1.38. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.04. The stock has a 50-day moving average price of $80.54 and a two-hundred day moving average price of $76.55. SS&C Technologies Holdings, Inc. has a 12-month low of $59.63 and a 12-month high of $89.50.

SS&C Technologies (NASDAQ:SSNC) last issued its earnings results on Thursday, February 6th. The technology company reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.09. SS&C Technologies had a return on equity of 18.30% and a net margin of 12.93%. As a group, research analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.25 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 1.13%. SS&C Technologies’s dividend payout ratio (DPR) is 33.33%.

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.