SS&C acquires DST Systems in $5.4 billion deal

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Individual investors are constantly hearing about the next hot stock to buy. Amundi Pioneer Asset Management Inc. now owns 238,338 shares of the technology company's stock worth $9,569,000 after acquiring an additional 138,338 shares during the period. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 5,033,741 shares of the stock are valued at $327.95 million. Westpac Banking owns 0.02% invested in SS&C Technologies Holdings, Inc. Finally, Crestline Management LP acquired a new stake in SS&C Technologies during the 3rd quarter worth approximately $673,000. (GSAT), recently, we noticed that its shares were trading at regions closer to $1.25.

Several analysts have released their opinion on DST Systems, Inc.

Reuters on Wednesday reported SS&C was in advanced talks to buy DST, sending DST's shares up almost 23 percent to $79.89. JPMorgan Chase & Co. lowered SS&C Technologies from an "overweight" rating to a "neutral" rating and set a $49.00 price objective for the company.in a research note on Tuesday, December 12th. "DST, with roughly 80 percent of revenue stemming from investment fund data processing and fund administration, would seem to be a good fit", Peter Heckman, research analyst at D.A. Davidson, said in an email. 43 funds opened positions while 78 raised stakes. Two investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. While 20-Day Moving Average VS Current Price shows "Buy" Signal. The Stock has its 52-week High of $48.25 and 52-Week Low of $30.60 and it touched its 52-week high on 01/10/18 and 52-Week Low on 01/12/17. (NASDAQ:SSNC) traded up $2.65 during midday trading on Thursday, reaching $50.34. 1,286,449 shares of the stock traded hands, compared to its average volume of 1,001,954. It also reduced its holding in Las Vegas Sands Corp (NYSE:LVS) by 441,449 shares in the quarter, leaving it with 5.37 million shares, and cut its stake in Paychex Inc (NASDAQ:PAYX). The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $5,050.00, a P/E ratio of 12.07, a P/E/G ratio of 1.77 and a beta of 1.37.

SS&C Technologies (NASDAQ:SSNC) last announced its earnings results on Wednesday, October 25th.

SS&C Technologies Holdings, Inc. on 9/29/2017 reported its EPS as $0.46 with the analysts projecting the EPS of the stock as $0.44. The Return on Equity (ROE) value stands at 9.3%. The company had revenue of $562.60 million during the quarter, compared to the consensus estimate of $523.57 million. They expect $0.85 earnings per share, up 2.41% or $0.02 from last year's $0.83 per share.

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Clal Insurance Enterprises Holdings Ltd decreased Ishares Tr Us Oil&Gs Ex Etf (IEO) stake by 96,049 shares to 1.20M valued at $70.53M in 2017Q3. The ex-dividend date of this dividend was Monday, November 21st. After a recent check, the 14-day RSIfor SS&C Technologies (SSNC) is now at 90.45, the 7-day stands at 97.22, and the 3-day is sitting at 99.86. The firm earned "Buy" rating on Friday, October 20 by Robert W. Baird. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Westwood Holdings has 17,600 shares. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Third Avenue Management Llc sold 30,100 shares as the company's stock rose 2.31% with the market. As for a performance, the company showed jumping up trend of 60.52% since start of the year and revealed surged activity of 23.69% for the past three months.

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Currently, the 14-day ADX for SS&C Technologies (SSNC) is sitting at 27.02.

DST Systems, Inc. provides technology information processing and servicing solutions in the United States, the United Kingdom, Canada, Australia, and internationally.

The company reported its EPS on 9/29/2017.

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