SS&C confirms DST acquisition for $84 per share

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SS&C To Purchase Financial, Health-Care Solution Provider DST Systems For $5.4 Billion

The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. Brown Forman Corp now has $25.37B valuation.

The stock increased 1.86% or $0.235 during the last trading session, reaching $12.845. About 3.28 million shares traded or 7.96% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 11, 2017 and is uptrending. It has outperformed by 6.29% the S&P500. Vanguard Group Inc. now owns 13,793,410 shares of the technology company's stock worth $529,806,000 after purchasing an additional 343,969 shares in the last quarter. (NYSE:DST) hit a new 52-week high and has $91.52 target or 9.00% above today's $83.96 share price. SS&C Technologies has a 1 year low of $29.54 and a 1 year high of $42.50. A stock experiencing a high level of volatility has a higher ATR, and a low volatility stock has a lower ATR.

Taking a glance at past performance, we will examine different up or down moving trends about T. The stock dropped -4.00% beyond one week and declined -1.14% during previous one month session. About 4.64 million shares traded or 922.96% up from the average.

DST Systems (NYSE:DST)'s stock had its "in-line" rating reissued by equities research analysts at Evercore ISI in a note issued to investors on Friday. It has underperformed by 16.11% the S&P500. Zacks Investment Research downgraded DST Systems from a "hold" rating to a "sell" rating in a report on Monday, October 23rd. Therefore 85% are positive. HollySys had 7 analyst reports since December 17, 2015 according to SRatingsIntel.

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". 1,400 are held by Markston Ltd Llc. That puts the market capitalization at $351.1 mln. The stock has "Buy" rating by Sandler O'Neill on Monday, July 27. (TTPH). The consensus rating is 2.1, suggesting the market has given up on the stock. The company was maintained on Thursday, January 4 by RBC Capital Markets. (NASDAQ:TTPH) is performing 3.49%. Jefferies maintained the shares of SSNC in report on Friday, November 3 with "Buy" rating. Chardan Capital Markets has "Buy" rating and $63 target. 5,277 are held by D E Shaw & Com. $5.52 million worth of Apple Inc. (NASDAQ:SSNC). Convergence Inv Partners holds 0.06% or 10,376 shares. Investors of record on Friday, February 24th will be given a $0.35 dividend. On the other end, a stock with a score from 0-2 would be viewed as weak. It increased, as 52 investors sold AAPL shares while 1034 reduced holdings. Trustco Financial Bank N Y holds 1.74% in Apple Inc.

Did you purchase any of your shares prior to January 11, 2018?

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Both investors and stock traders are looking at technical indicators for the stocks of Cloudera, Inc. (NASDAQ:SSNC) for 17,285 shares. SS&C Technologies Holdings, Inc. More interesting news about SS&C Technologies Holdings, Inc. Oppenheimer Asset Mgmt Inc, a New York-based fund reported 20,743 shares. (NASDAQ:AAPL). Addenda Cap Inc has invested 0.97% in Apple Inc. Thompson Siegel & Walmsley Limited owns 595,508 shares or 0.39% of their United States portfolio. Tudor Invest Et Al accumulated 53,712 shares. Piedmont Advisors Ltd Liability Corp accumulated 23,280 shares.

Analysts await Apple Inc. After $0.09 actual earnings per share reported by Callon Petroleum Company for the previous quarter, Wall Street now forecasts 44.44% EPS growth.

SS&C Technologies (NASDAQ:SSNC)'s stock had its "buy" rating reiterated by analysts at Needham & Company LLC in a report issued on Friday. As per Thursday, October 26, the company rating was maintained by Needham. Macquarie Research has "Neutral" rating and $74 target. Gsa Capital Llp has invested 0.29% in DST Systems, Inc. RBC Capital Markets has "Buy" rating and $72 target. (NYSE:DST) rating on Monday, October 23. Vanguard Group Inc. boosted its position in shares of SS&C Technologies by 2.6% in the 2nd quarter.

The transaction is expected to close by the third quarter of this year. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.96 and a quick ratio of 0.96.

SS&C Technologies Holdings Inc (SSNC.O) is in advanced talks to acquire DST Systems Inc (DST.N) for more than $5 billion, as it seeks to expand its footprint in financial technology software, Reuters reported. "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". It has a 12.21 P/E ratio. Following the sale, the vice president now directly owns 75,518 shares in the company, valued at $4,870,911.

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