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 Companys 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 Companys 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.