Adage Capital Partners Gp Has Trimmed Simon Ppty Group New (SPG) Position; SS&C Technologies Holdings (SSNC) Has 1.67 Sentiment

April 22, 2018 - By Pete Kolinski

Simon Property Group, Inc. (NYSE:SPG) Logo

SS&C Technologies Holdings Inc (SSNC) investors sentiment increased to 1.67 in Q4 2017. It’s up 0.33, from 1.34 in 2017Q3. The ratio is positive, as 147 funds increased and opened new equity positions, while 88 sold and reduced stakes in SS&C Technologies Holdings Inc. The funds in our database now own: 169.98 million shares, down from 172.27 million shares in 2017Q3. Also, the number of funds holding SS&C Technologies Holdings Inc in top ten equity positions decreased from 5 to 4 for a decrease of 1. Sold All: 21 Reduced: 67 Increased: 91 New Position: 56.

Adage Capital Partners Gp Llc decreased Simon Ppty Group Inc New (SPG) stake by 1.06% reported in 2017Q4 SEC filing. Adage Capital Partners Gp Llc sold 4,700 shares as Simon Ppty Group Inc New (SPG)’s stock declined 9.94%. The Adage Capital Partners Gp Llc holds 440,763 shares with $75.70M value, down from 445,463 last quarter. Simon Ppty Group Inc New now has $52.56B valuation. The stock decreased 2.02% or $3.03 during the last trading session, reaching $147.25. About 2.33M shares traded or 25.13% up from the average. Simon Property Group, Inc. (NYSE:SPG) has declined 9.44% since April 22, 2017 and is downtrending. It has underperformed by 20.99% the S&P500.

SS&C Technologies Holdings, Inc

Turtle Creek Asset Management Inc. holds 6.73% of its portfolio in SS&C Technologies Holdings, Inc. for 1.80 million shares. Southpoint Capital Advisors Lp owns 2.75 million shares or 5.3% of their US portfolio. Moreover, Select Equity Group L.P. has 3.72% invested in the company for 11.56 million shares. The Ontario – Canada-based Waratah Capital Advisors Ltd. has invested 3.25% in the stock. Incline Global Management Llc, a New York-based fund reported 1.23 million shares.

Ratings analysis reveals 100% of SS&C Techs’s analysts are positive. Out of 3 Wall Street analysts rating SS&C Techs, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. SSNC was included in 4 notes of analysts from July 30, 2015. Morgan Stanley upgraded SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) on Tuesday, September 27 to “Overweight” rating. The rating was initiated by Macquarie Research on Friday, August 28 with “Neutral”. Macquarie Research upgraded the stock to “Outperform” rating in Thursday, February 16 report. Needham maintained it with “Buy” rating and $76.0 target in Thursday, July 30 report.

The stock decreased 0.49% or $0.25 during the last trading session, reaching $50.37. About 1.62M shares traded. SS&C Technologies Holdings, Inc. (SSNC) has risen 47.28% since April 22, 2017 and is uptrending. It has outperformed by 35.73% the S&P500.

Analysts await SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) to report earnings on May, 1 after the close. They expect $0.50 earnings per share, up 21.95% or $0.09 from last year’s $0.41 per share. SSNC’s profit will be $119.03 million for 25.19 P/E if the $0.50 EPS becomes a reality. After $0.51 actual earnings per share reported by SS&C Technologies Holdings, Inc. for the previous quarter, Wall Street now forecasts -1.96% negative EPS growth.

Among 21 analysts covering Simon Property Group (NYSE:SPG), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. Simon Property Group had 68 analyst reports since July 21, 2015 according to SRatingsIntel. Deutsche Bank downgraded it to “Hold” rating and $188 target in Monday, January 9 report. SunTrust downgraded Simon Property Group, Inc. (NYSE:SPG) on Friday, January 20 to “Hold” rating. The firm has “Buy” rating given on Friday, October 27 by Jefferies. Stifel Nicolaus maintained the shares of SPG in report on Sunday, August 27 with “Hold” rating. The firm has “Overweight” rating by Barclays Capital given on Tuesday, August 8. The firm has “Buy” rating given on Sunday, October 29 by Mizuho. J.P. Morgan downgraded it to “Hold” rating and $17500 target in Tuesday, March 27 report. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, August 17. The stock of Simon Property Group, Inc. (NYSE:SPG) has “Buy” rating given on Monday, September 25 by Jefferies. The company was maintained on Friday, November 13 by Argus Research.

Investors sentiment increased to 0.99 in 2017 Q4. Its up 0.01, from 0.98 in 2017Q3. It increased, as 50 investors sold SPG shares while 204 reduced holdings. 74 funds opened positions while 178 raised stakes. 293.74 million shares or 1.11% less from 297.03 million shares in 2017Q3 were reported. Phocas Fincl has 0.27% invested in Simon Property Group, Inc. (NYSE:SPG). Jones Lllp stated it has 3,206 shares or 0% of all its holdings. 36,530 are held by Usca Ria Limited Liability Corporation. Moreover, Livforsakringsbolaget Skandia Omsesidigt has 0.08% invested in Simon Property Group, Inc. (NYSE:SPG) for 4,744 shares. Old Mutual Glob Investors (Uk) Ltd invested in 0.01% or 6,100 shares. Farmers Merchants Inc invested in 629 shares or 0.01% of the stock. Proshare Advsrs Ltd Liability Co has invested 0.15% in Simon Property Group, Inc. (NYSE:SPG). Tcw Group has invested 0.21% in Simon Property Group, Inc. (NYSE:SPG). Arrow Financial Corp owns 0.03% invested in Simon Property Group, Inc. (NYSE:SPG) for 785 shares. The New York-based Howe Rusling has invested 0% in Simon Property Group, Inc. (NYSE:SPG). Resolution Capital holds 14.33% or 1.87M shares. Kemper Master Retirement Trust owns 8,297 shares. Lowe Brockenbrough & Communications reported 0.03% in Simon Property Group, Inc. (NYSE:SPG). D L Carlson Inv Inc reported 12,365 shares. Management reported 416 shares.

Analysts await Simon Property Group, Inc. (NYSE:SPG) to report earnings on April, 27 before the open. They expect $2.83 earnings per share, up 3.28% or $0.09 from last year’s $2.74 per share. SPG’s profit will be $1.01 billion for 13.01 P/E if the $2.83 EPS becomes a reality. After $3.12 actual earnings per share reported by Simon Property Group, Inc. for the previous quarter, Wall Street now forecasts -9.29% negative EPS growth.

Adage Capital Partners Gp Llc increased Applied Indl Technologies In (NYSE:AIT) stake by 378,334 shares to 423,489 valued at $28.84M in 2017Q4. It also upped Kimberly Clark Corp (NYSE:KMB) stake by 28,757 shares and now owns 498,033 shares. Align Technology Inc (NASDAQ:ALGN) was raised too.

Simon Property Group, Inc. (NYSE:SPG) Institutional Positions Chart

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