Banque Cantonale Vaudoise Has $78,000 Stock Holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)

Banque Cantonale Vaudoise decreased its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 62.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,491 shares of the technology company’s stock after selling 2,524 shares during the quarter. Banque Cantonale Vaudoise’s holdings in SS&C Technologies were worth $78,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SSNC. American Century Companies Inc. lifted its holdings in SS&C Technologies by 18.1% during the 1st quarter. American Century Companies Inc. now owns 4,476 shares of the technology company’s stock worth $335,000 after buying an additional 685 shares in the last quarter. Private Advisor Group LLC lifted its holdings in SS&C Technologies by 19.1% during the 1st quarter. Private Advisor Group LLC now owns 3,591 shares of the technology company’s stock worth $270,000 after buying an additional 577 shares in the last quarter. MetLife Investment Management LLC acquired a new position in SS&C Technologies during the 1st quarter worth $336,000. Rhumbline Advisers lifted its holdings in SS&C Technologies by 13.0% during the 1st quarter. Rhumbline Advisers now owns 210,330 shares of the technology company’s stock worth $15,779,000 after buying an additional 24,230 shares in the last quarter. Finally, Yousif Capital Management LLC lifted its stake in shares of SS&C Technologies by 10.6% in the 1st quarter. Yousif Capital Management LLC now owns 4,780 shares of the technology company’s stock valued at $359,000 after purchasing an additional 460 shares during the period. Institutional investors and hedge funds own 82.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on SSNC shares. StockNews.com raised SS&C Technologies from a “buy” rating to a “strong-buy” rating in a research note on Monday, January 29th. UBS Group started coverage on SS&C Technologies in a research note on Tuesday, November 7th. They issued a “buy” rating and a $72.00 price target on the stock. Morgan Stanley cut their price target on SS&C Technologies from $56.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Friday, October 27th. DA Davidson cut their price target on SS&C Technologies from $70.00 to $66.00 and set a “buy” rating on the stock in a research note on Friday, October 27th. Finally, Needham & Company LLC cut their price target on SS&C Technologies from $71.00 to $62.00 and set a “buy” rating on the stock in a research note on Friday, October 27th. One analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, SS&C Technologies presently has a consensus rating of “Buy” and an average target price of $67.75.

Read Our Latest Analysis on SSNC

SS&C Technologies Price Performance

SSNC opened at $60.97 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.09. SS&C Technologies Holdings, Inc. has a 12 month low of $46.61 and a 12 month high of $63.25. The company has a fifty day simple moving average of $60.16 and a 200 day simple moving average of $56.38. The stock has a market cap of $15.09 billion, a P/E ratio of 25.19 and a beta of 1.46.

SS&C Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date was Thursday, November 30th. SS&C Technologies’s dividend payout ratio (DPR) is presently 39.67%.

About SS&C Technologies

(Free Report)

SS&C Technologies Holdings, Inc, together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company owns and operates technology stack across securities accounting; front-office functions, such as trading and modeling; middle-office functions include portfolio management and reporting; back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing, and compliance and tax reporting; and healthcare solutions comprising claims adjudication, benefit management, care management, and business intelligence solutions.

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

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