SS&C Technologies Holdings(NASDAQ:SSNC) Declares Dividend of $0.0625.

SS&C Technologies Holdings (NASDAQ:SSNC) had declared a cash dividend of $0.0625 on Nov 17, 2016. The shares will quote ex-dividend on Nov 29, 2016 and the record date has been fixed for Dec 1, 2016. On Nov 17, 2016 share price, the yield comes out to be 0.7776%. The dividend payable date has been fixed on Dec 15, 2016.

In a different note, On Sep 27, 2016, Morgan Stanley said it Upgrades its rating on SS&C Technologies Holdings. In the research note, the firm Raises the price-target to $37.00 per share. The shares have been rated ‘Overweight’ by the firm.

SS&C Technologies Holdings (SSNC) made into the market gainers list on Mondays trading session with the shares advancing 0.03% or 0.01 points. Due to strong positive momentum, the stock ended at $32.62, which is also near the day’s high of $33.1. The stock began the session at $32.7 and the volume stood at 8,12,418 shares. The 52-week high of the shares is $37.33 and the 52 week low is $23.615. The company has a current market capitalization of $6,616 M and it has 20,28,15,310 shares in outstanding.

SS&C Technologies Holdings(SSNC) last announced its earnings results on Oct 27, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $391.87M. Analysts had an estimated revenue of $391.45M. Earnings per share were $0.42. The reported EPS was above estimates by $0.01 or 2.44%. Analysts had estimated an EPS of $0.41.

Several Insider Transactions has been reported to the SEC. On Aug 3, 2016, Normand A Boulanger (President and COO) sold 227,284 shares at $31.37 per share price.Also, On Jun 2, 2016, Patrick J Pedonti (SVP and CFO) sold 14,467 shares at $61.54 per share price.On May 12, 2016, William C Stone (director officer 10% owner (Chairman of the Board) sold 20,000 shares at $59.15 per share price, according to the Form-4 filing with the securities and exchange commission.

SS&C Technologies Holdings Inc. (SS&C Holdings) is a holding company which provides software products and software-enabled services. The Company operates primarily through its subsidiary SS&C Technologies Inc. The Company’s service offerings are classified as portfolio management/accounting; trading/treasury operations; financial modeling; loan management/accounting; property management; money market processing; software-enabled services; professional services and product support. The Company’s software products and software-enabled services automates and integrates front-office functions such as trading and modeling; middle-office functions such as portfolio management and reporting and back-office functions such as accounting performance measurement reconciliation reporting processing and clearing. Its other subsidiaries include Advent Software Inc. and GlobeOp Financial Services S.A. and Prime Management Limited among others.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *