Seizert Capital Partners LLC purchased a new stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 380,446 shares of the technology company’s stock, valued at approximately $31,501,000.
A number of other large investors also recently bought and sold shares of the stock. Kestra Private Wealth Services LLC grew its position in SS&C Technologies by 29.9% during the first quarter. Kestra Private Wealth Services LLC now owns 16,050 shares of the technology company’s stock valued at $1,341,000 after buying an additional 3,698 shares during the period. Northern Trust Corp boosted its stake in shares of SS&C Technologies by 1.5% during the 1st quarter. Northern Trust Corp now owns 1,447,556 shares of the technology company’s stock worth $120,914,000 after acquiring an additional 21,252 shares in the last quarter. Eaton Financial Holdings Company LLC acquired a new stake in shares of SS&C Technologies during the 2nd quarter valued at about $2,828,000. Nordea Investment Management AB increased its stake in shares of SS&C Technologies by 54.1% in the 2nd quarter. Nordea Investment Management AB now owns 484,979 shares of the technology company’s stock valued at $39,962,000 after purchasing an additional 170,235 shares in the last quarter. Finally, Inspire Investing LLC raised its holdings in SS&C Technologies by 1,070.5% in the 1st quarter. Inspire Investing LLC now owns 39,832 shares of the technology company’s stock worth $3,327,000 after purchasing an additional 36,429 shares during the period. 96.90% of the stock is owned by institutional investors and hedge funds.
SS&C Technologies Price Performance
SS&C Technologies stock opened at $81.34 on Wednesday. The company has a fifty day simple moving average of $85.42 and a 200-day simple moving average of $84.02. The firm has a market capitalization of $19.85 billion, a price-to-earnings ratio of 24.14 and a beta of 1.24. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.97. SS&C Technologies Holdings, Inc. has a 52-week low of $69.61 and a 52-week high of $91.07.
Analyst Ratings Changes
Several research analysts have recently weighed in on the company. Jefferies Financial Group upped their target price on SS&C Technologies from $98.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Raymond James Financial boosted their price target on shares of SS&C Technologies from $101.00 to $105.00 and gave the stock a “strong-buy” rating in a report on Friday, October 24th. Needham & Company LLC upped their price objective on shares of SS&C Technologies from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. UBS Group lifted their target price on shares of SS&C Technologies from $110.00 to $112.00 and gave the company a “buy” rating in a research report on Friday, October 24th. Finally, DA Davidson set a $102.00 price target on shares of SS&C Technologies in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $101.75.
View Our Latest Analysis on SSNC
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.
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