3,198 Shares in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Purchased by Kera Capital Partners Inc.

Kera Capital Partners Inc. acquired a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,198 shares of the technology company’s stock, valued at approximately $242,000.

Several other hedge funds have also recently modified their holdings of the company. Benjamin Edwards Inc. lifted its holdings in SS&C Technologies by 43.3% during the second quarter. Benjamin Edwards Inc. now owns 675 shares of the technology company’s stock worth $42,000 after acquiring an additional 204 shares during the period. Capital Performance Advisors LLP bought a new stake in shares of SS&C Technologies during the 3rd quarter worth $68,000. Versant Capital Management Inc boosted 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 worth $72,000 after buying an additional 233 shares during the last quarter. Brooklyn Investment Group bought a new position in SS&C Technologies during the third quarter valued at about $73,000. Finally, Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in SS&C Technologies during the third quarter worth about $89,000. Institutional investors own 96.95% of the company’s stock.

Insider Activity

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 stock was sold at an average price of $77.07, for a total transaction of $5,317,830.00. Following the sale, the senior vice president now 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO William C. Stone sold 132,700 shares of the company’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $76.85, for a total value of $10,197,995.00. Following the completion of the transaction, the chief executive officer now owns 31,837,926 shares of the company’s stock, valued at $2,446,744,613.10. The trade was a 0.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 449,000 shares of company stock worth $34,461,478. 15.40% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on SSNC shares. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 target price on shares of SS&C Technologies in a research note on Friday, October 25th. StockNews.com lowered SS&C Technologies from a “strong-buy” rating to a “buy” rating in a report on Friday, November 15th. DA Davidson reaffirmed a “buy” rating and set a $92.00 price objective on shares of SS&C Technologies in a report on Thursday, October 10th. Finally, Raymond James lifted their target price on shares of SS&C Technologies from $79.00 to $85.00 and gave the stock a “strong-buy” rating in a research note on Friday, October 25th. Two research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, SS&C Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $77.75.

SS&C Technologies Trading Down 0.8 %

Shares of SS&C Technologies stock opened at $78.50 on Friday. The company’s 50-day moving average price is $75.98 and its 200-day moving average price is $73.34. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.04. SS&C Technologies Holdings, Inc. has a 12-month low of $59.20 and a 12-month high of $79.59. The company has a market cap of $19.44 billion, a price-to-earnings ratio of 28.14 and a beta of 1.37.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly 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. SS&C Technologies had a net margin of 12.26% and a return on equity of 17.33%. The firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period last year, the firm earned $1.04 EPS. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. On average, equities analysts expect that SS&C Technologies Holdings, Inc. will post 4.62 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were issued a $0.25 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $1.00 annualized dividend and a dividend yield of 1.27%. SS&C Technologies’s payout ratio is currently 35.84%.

About SS&C Technologies

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 comprising 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 consisting of claims adjudication, benefit management, care management, and business intelligence solutions.