The SS&C Technologies Holdings Inc. (SSNC) Stock Rating Reaffirmed by Jefferies Group

Remigio Civitarese
Novembre 15, 2017

SS&C Technologies Holdings (NASDAQ SSNC) opened at $39.81 on Thursday. The brokerage now has an "overweight" rating on the technology company's stock.

Other research analysts also recently issued research reports about the stock. The low score of 23.00000 for SS&C Technologies Holdings, Inc. indicates a top score for stability and growth. Its stake was valued at $10,679,000 an increase of $843,000 as of quarter end. Southeast Asset Advisors Inc. increased its holdings in shares of SS&C Technologies Holdings by 7.3% in the 2nd quarter. SG Americas Securities LLC acquired a new position in shares of SS&C Technologies Holdings in the first quarter worth $119,000. American International Group Inc. now owns 4,266 shares of the company's stock valued at $120,000 after buying an additional 1,874 shares during the last quarter. Advisor Group Inc. now owns 2,780 shares of the technology company's stock worth $106,000 after acquiring an additional 348 shares during the last quarter. Finally, Westpac Banking Corp boosted its stake in shares of SS&C Technologies Holdings by 112.1% in the second quarter.

As of quarter end Amalgamated Bank had bought 129 shares growing its stake by 0.4%.

SS&C Technologies Holdings, Inc. has a 1-year low of $28.43 and a 1-year high of $42.48. (NasdaqGS:SSNC) is 58. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. The stock had a trading volume of 461,900 shares, compared to its average volume of 1,037,087. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market cap of $8,205.61, a PE ratio of 22.78, a P/E/G ratio of 1.52 and a beta of 1.09.

SS&C Technologies Holdings, Inc.

SS&C Technologies Holdings (NASDAQ:SSNC) last released its earnings results on Wednesday, October 25th. The technology company reported $0.50 EPS for the quarter, meeting the consensus estimate of $0.50. The company had revenue of $419.60 million for the quarter, compared to analyst estimates of $424.14 million. The VC1 of SS&C Technologies Holdings, Inc. The company's revenue for the quarter was up 25.9% compared to the same quarter past year. During the same quarter in the previous year, the firm posted $0.68 EPS. "(SSNC) Stock" was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and worldwide trademark & copyright legislation. The legal version of this story can be read at https://www.dispatchtribunal.com/2017/11/14/insider-selling-ssc-technologies-holdings-inc-ssnc-cfo-sells-793000-00-in-stock.html.

A number of research firms recently issued reports on SSNC.

On September 14, 2017 DA Davidson issued a report on SSNC with an initial rating of "Buy". Zacks Investment Research downgraded SS&C Technologies Holdings from a "buy" rating to a "hold" rating in a research note on Wednesday, August 30th. Needham & Company LLC restated a "buy" rating on shares of SS&C Technologies Holdings in a research note on Friday, October 27th. August 9 investment analysts at Royal Bank Of Canada kept the stock rating at "Buy" targeting a price of $41.00.

On October 26 DA Davidson held the stock rating at "Buy" with a current price target of $44.00. Jefferies Group LLC reiterated a "buy" rating on shares of SS&C Technologies Holdings in a research report on Tuesday, October 3rd.

The Return on Invested Capital (aka ROIC) for SS&C Technologies Holdings, Inc. Morgan Stanley's price objective points to a potential upside of 10.52% from the stock's current price. Following the sale, the chief financial officer now directly owns 20,000 shares in the company, valued at $793,000. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Patrick J. Pedonti sold 30,000 shares of SS&C Technologies Holdings stock in a transaction on Friday, September 1st. The shares were sold at an average price of $38.56, for a total transaction of $1,156,800.00. Following the transaction, the chief financial officer now directly owns 30,000 shares of the company's stock, valued at $1,156,800. The disclosure for this sale can be found here. Westpac Banking Corp now owns 9,444 shares of the company's stock valued at $197,000 after buying an additional 4,992 shares during the last quarter. The score helps determine if a company's stock is valuable or not.

SS&C Technologies Holdings, Inc (SS&C Holdings) is a holding company. The Company is a provider of software products and software-enabled services that allow financial services providers to automate complex business processes and manage their information processing requirements.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE