Robeco Institutional Asset Management B.V. Has $74.64 Million Holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)

Robeco Institutional Asset Management B.V. raised its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 9.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 984,935 shares of the technology company’s stock after acquiring an additional 87,737 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in SS&C Technologies were worth $74,638,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Janus Henderson Group PLC boosted its holdings in SS&C Technologies by 5.4% during the third quarter. Janus Henderson Group PLC now owns 16,059,475 shares of the technology company’s stock valued at $1,191,774,000 after acquiring an additional 817,501 shares during the period. KBC Group NV lifted its position in shares of SS&C Technologies by 403.0% during the 4th quarter. KBC Group NV now owns 839,536 shares of the technology company’s stock worth $63,620,000 after purchasing an additional 672,641 shares during the last quarter. Point72 Asset Management L.P. boosted its stake in SS&C Technologies by 250.9% during the 3rd quarter. Point72 Asset Management L.P. now owns 593,700 shares of the technology company’s stock valued at $44,058,000 after purchasing an additional 424,487 shares during the period. Two Sigma Advisers LP grew its holdings in SS&C Technologies by 433.9% in the 3rd quarter. Two Sigma Advisers LP now owns 415,400 shares of the technology company’s stock valued at $30,827,000 after buying an additional 337,600 shares during the last quarter. Finally, Walleye Capital LLC increased its position in SS&C Technologies by 933.2% in the 3rd quarter. Walleye Capital LLC now owns 231,134 shares of the technology company’s stock worth $17,152,000 after buying an additional 208,763 shares during the period. Institutional investors and hedge funds own 96.95% of the company’s stock.

SS&C Technologies Stock Down 0.9 %

NASDAQ SSNC opened at $80.23 on Thursday. SS&C Technologies Holdings, Inc. has a 1-year low of $59.53 and a 1-year high of $81.52. 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’s 50 day moving average is $76.94 and its two-hundred day moving average is $74.30. The company has a market capitalization of $19.87 billion, a price-to-earnings ratio of 28.76 and a beta of 1.37.

SS&C Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $1.00 annualized dividend and a yield of 1.25%. SS&C Technologies’s dividend payout ratio is currently 35.84%.

Insider Activity

In other SS&C Technologies news, CEO William C. Stone sold 247,300 shares of the stock in a transaction dated 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 owns 31,837,926 shares of the company’s stock, valued at $2,439,103,510.86. This represents a 0.77 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jason Douglas White sold 69,000 shares of the business’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 completion of the transaction, the senior vice president now directly owns 6,412 shares of the company’s stock, valued at approximately $494,172.84. This represents a 91.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 449,000 shares of company stock worth $34,461,478. Corporate insiders own 15.40% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on SSNC shares. DA Davidson restated a “buy” rating and issued a $92.00 price objective on shares of SS&C Technologies in a research note on Thursday, October 10th. Raymond James raised their price target on shares of 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. StockNews.com lowered shares of SS&C Technologies from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 15th. Finally, Needham & Company LLC reissued a “buy” rating and set a $90.00 target price on shares of SS&C Technologies 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 assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $77.75.

About SS&C Technologies

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.