Ss&c Technologies Holdings Stock News

US tech business SS&C has made a £1.24 billion bid for Blue Prism, trumping private equity firm Vista Partners £1.22 billion bid

UK''s FTSE 100 rose on Wednesday as oil and mining stocks recovered after concerns around the new coronavirus variant eased slightly, ahead of the OPEC meeting later in the day. The commodity-heavy index gained 1.0% at 0805 GMT, with miners adding 1.9% as copper prices bounced back. Oil majors BP and Royal Dutch Shell climbed over 2% each as major producers prepared to discuss how to respond to the threat of a hit to fuel demand from the Omicron variant. The FTSE 100 suffered its worst monthly performance in over a year in November as worries about the effectiveness of COVID-19 vaccines against Omicron and hawkish comments by Federal Reserve Chairman Jerome Powell fuelled a selloff. The domestically focussed mid-cap index advanced 0.8%, with travel and leisure stocks recouping some of Tuesday''s heavy losses. In M&A news, software group Blue Prism rose 1.7% after it agreed to be bought by US-based SS&C Technologies for 1.24 billion pounds ($1.65 billion).

The boards of Blue Prism and SS&C have agreed an acquisition deal, which will see US investment firm buy the software company for 1,275p per share, a total of around £1.24billion on a fully diluted basis.

Blue Prism Group PLC (AIM:PRSM) has recommended a 1,275p per share cash offer from the hedge fund SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) and has withdrawn its previous backing for a 1,250p bid

Analysts expect that SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) will report earnings per share (EPS) of $1.24 for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for SS&C Technologies earnings. The lowest EPS estimate is $1.21 and the highest is $1.28. SS&C Technologies posted earnings of $1.13 per share in the same []

Zacks Investment Research downgraded shares of SS&C Technologies (NASDAQ:SSNC) from a buy rating to a hold rating in a research report released on Wednesday morning, Zacks.com reports. According to Zacks, SS&C Technologies Holdings, Inc. delivers investment and financial management software and related services focused exclusively on the financial services industry. The Company provides a broad []

Community Capital Management LLC bought a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 5,500 shares of the technology companys stock, valued at approximately $382,000. Other hedge funds and other institutional investors have also added to []

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List.

Britain''s Blue Prism has agreed to a final takeover offer from Vista Equity, valuing the robotics software company at 1.22 billion pounds (US$1.63 billion), the U.S. private equity firm said on Thursday, topping an offer from SS&C Technologies.The increased 1,250 pence-per-share cash offer from Vista come

SS&C Technologies (NASDAQ:SSNC) was downgraded by Zacks Investment Research from a buy rating to a hold rating in a research report issued to clients and investors on Wednesday, Zacks.com reports. According to Zacks, SS&C Technologies Holdings, Inc. delivers investment and financial management software and related services focused exclusively on the financial services industry. The Company []

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) has been assigned an average recommendation of Buy from the thirteen research firms that are presently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. []

McElhenny Sheffield Capital Management LLC bought a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 15,500 shares of the technology companys stock, valued at approximately $1,076,000. SS&C Technologies comprises 0.5% of McElhenny Sheffield Capital Management []

Wells Fargo & Company MN lifted its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 0.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 603,633 shares of the technology companys stock after buying an additional 1,785 shares during the period. Wells Fargo []