A Fresh Look At SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)


A stock experiencing a high level of volatility has a higher ATR, and a low volatility stock has a lower ATR. Needham & Company LLC's price target indicates a potential upside of 19.19% from the company's previous close.

DST Systems (NYSE:DST) last issued its quarterly earnings results on Friday, October 20th. The technology company reported $0.76 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.73 by $0.03. The company had revenue of $562.60 million during the quarter, compared to the consensus estimate of $523.57 million. SS&C Technologies had a net margin of 13.47% and a return on equity of 15.32%.

On Thursday, investment management software provider SS&C revealed the buyout following the temporary suspension of Kansas City-based DST Systems trading on Wednesday.

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SS&C and DST did not immediately respond to requests for comment. Zacks upgraded the stock to "Sell" rating in Friday, August 28 report.

What do the trading volumes reveal? Rwc Asset Mngmt Llp reported 250,000 shares. 172.27 million shares or 0.35% less from 172.87 million shares in 2017Q2 were reported. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company's stock. The stock now has a consensus rating of "Buy" and an average price target of $45.55. Prudential Financial Inc. now owns 1,037,864 shares of the technology company's stock worth $56,958,000 after buying an additional 84,398 shares in the last quarter. The stock was sold at an average price of $40.69, for a total transaction of $813,800.00. The number of shares now owned by investors are 41.72 mln. However, with an extremely negative double-digit change in profit expected over the next couple of years, near-term growth is certainly not a driver of a buy decision. The last close places the company's stock about $-2.72 off its 52 week high of $81.2 and $33.7 above the 52 week low of $50.22. Campbell & Company Adviser Ltd Limited Liability Company owns 3,668 shares. It worsened, as 29 investors sold DST shares while 108 reduced holdings. Blackrock has invested 0.02% in SS&C Technologies Holdings, Inc. (DST) in trading session dated January 08, 2018.

SS&C chairman and CEO Bill Stone said: "The rate of change, the technology required and the requirements of integrated solutions in the investment and wealth management space are unprecedented". (NASDAQ:SSNC). Engineers Gate Manager Limited Partnership accumulated 0.08% or 22,734 shares. (NYSE:MEI) is 12.431981. This ratio is calculated by dividing the market value of a company by cash from operating activities. The Clal Insurance Enterprises Holdings Ltd holds 435,444 shares with $35.41 million value, up from 222,543 last quarter.

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Want to see what other hedge funds are holding DST? Trading volume for SS&C Technologies Holdings, Inc. was 10.35 Million in its previous trading session. A beta of greater than 1 indicates that the security's price will be more volatile than the market. Total debt to equity ratio of the company for most recent quarter is 0.55 while Long term debt to equity ratio for same time period is 0.39. The North Carolina-based First Personal Fincl Service has invested 0% in SS&C Technologies Holdings, Inc. This represents a $1.40 annualized dividend and a dividend yield of 1.22%. Finally, Morgan Stanley upped their price objective on DST Systems from $57.00 to $61.00 and gave the company an "equal weight" rating in a research note on Monday, October 23rd.

TRADEMARK VIOLATION WARNING: This piece was originally reported by Week Herald and is owned by of Week Herald. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of U.S. and global copyright law. "SS&C has a rich history of delivering best-in-class technology that complements DST's existing solutions, and, as part of SS&C, we will be able to advance our extensive, multi-year strategic transformation". The Company's portfolio of software products and software-enabled services allows its clients to automate and integrate 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.

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