SS&C Techs (SSNC) Is a Company that DA Davidson Seems to Dislike as Downgrade in Given

September 8, 2018 - By Margaret Guttierez

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Logo

Investors sentiment decreased to 1.11 in Q1 2018. Its down 0.56, from 1.67 in 2017Q4. It dropped, as 27 investors sold SS&C Technologies Holdings, Inc. shares while 105 reduced holdings. 67 funds opened positions while 80 raised stakes. 165.20 million shares or 2.81% less from 169.98 million shares in 2017Q4 were reported.

Veritable Lp holds 15,073 shares or 0.02% of its portfolio. Nomura Asset Mngmt Co Ltd owns 0.01% invested in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) for 22,510 shares. Gulf International Financial Bank (Uk) reported 0.04% in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC). Bnp Paribas Asset Mngmt Holding Sa holds 0% in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) or 7,419 shares. Moreover, Three Peaks Mgmt Ltd Liability has 1.98% invested in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) for 215,935 shares. Fjarde Ap holds 0.05% in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) or 60,273 shares. Oakbrook Investments Ltd Llc has 0.02% invested in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) for 6,630 shares. 593,564 were reported by Jpmorgan Chase. Captrust accumulated 344 shares or 0% of the stock. Bnp Paribas Arbitrage Sa has 0% invested in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC). 4,795 are owned by Ipg Investment Advsr Lc. Nomura stated it has 0.01% in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC). Mackay Shields Lc accumulated 146,796 shares. Southpoint Cap Advisors Limited Partnership invested in 2.80 million shares. Public Employees Retirement Systems Of Ohio holds 0.05% or 193,094 shares in its portfolio.

SS&C Techs (SSNC) Receives a Downgrade

Research professionals at DA Davidson’s equities research division decreased the rating for shares of SS&C Techs (SSNC) from a “Buy” to a “Neutral” on 7 September.

The stock decreased 3.28% or $1.81 during the last trading session, reaching $53.34. About 3.02M shares traded or 122.24% up from the average. SS&C Technologies Holdings, Inc. (SSNC) has risen 33.16% since September 8, 2017 and is uptrending. It has outperformed by 20.59% the S&P500.

Analysts await SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) to report earnings on October, 24. They expect $0.60 EPS, up 27.66 % or $0.13 from last year’s $0.47 per share. SSNC’s profit will be $142.83 million for 22.23 P/E if the $0.60 EPS becomes a reality. After $0.52 actual EPS reported by SS&C Technologies Holdings, Inc. for the previous quarter, Wall Street now forecasts 15.38 % EPS growth.

SS&C Technologies Holdings, Inc

More recent SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) news were published by: Seekingalpha.com which released: “SS&C declares $0.08 dividend” on August 23, 2018. Also Streetinsider.com published the news titled: “UPDATE: SS&C Technologies (SSNC) Reports Acquisition of Intralinks Holdings Inc. from Siris Capital Group Affiliates …” on September 06, 2018. Seekingalpha.com‘s news article titled: “SS&C to acquire Intralinks” with publication date: September 06, 2018 was also an interesting one.

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Institutional Positions Chart

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