Envestnet (ENV) “Buy” Rating Reiterated by Analysts at Jefferies; The PT is Set to $70.0; SS&C Technologies Holdings Has 1.34 Sentiment

SS&C Technologies Holdings, Inc

Among 10 analysts covering Envestnet (NYSE:ENV), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Envestnet has $63.0 highest and $35 lowest target. $51.25’s average target is -4.56% below currents $53.7 stock price. Envestnet had 26 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Envestnet, Inc. (NYSE:ENV) earned “Hold” rating by RBC Capital Markets on Sunday, September 10. UBS maintained it with “Buy” rating and $63.0 target in Monday, October 9 report. The stock of Envestnet, Inc. (NYSE:ENV) earned “Buy” rating by UBS on Thursday, June 2. The rating was maintained by Raymond James on Wednesday, August 9 with “Buy”. RBC Capital Markets maintained Envestnet, Inc. (NYSE:ENV) on Friday, September 25 with “Sector Perform” rating. Stifel Nicolaus maintained Envestnet, Inc. (NYSE:ENV) rating on Tuesday, September 26. Stifel Nicolaus has “Buy” rating and $52.0 target. The firm has “Hold” rating by RBC Capital Markets given on Sunday, November 5. The company was maintained on Wednesday, June 28 by William Blair. Stifel Nicolaus maintained Envestnet, Inc. (NYSE:ENV) rating on Tuesday, November 8. Stifel Nicolaus has “Buy” rating and $45 target. Jefferies maintained it with “Buy” rating and $48.0 target in Tuesday, September 26 report.

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. The firm earned “Buy” rating on Thursday, July 30 by Needham. Macquarie Research upgraded SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) on Thursday, February 16 to “Outperform” rating. The company was initiated on Friday, August 28 by Macquarie Research. As per Tuesday, September 27, the company rating was upgraded by Morgan Stanley.

Analysts await SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) to report earnings on February, 21. They expect $0.49 earnings per share, up 11.36% or $0.05 from last year’s $0.44 per share. SSNC’s profit will be $100.87M for 25.36 P/E if the $0.49 EPS becomes a reality. After $0.47 actual earnings per share reported by SS&C Technologies Holdings, Inc. for the previous quarter, Wall Street now forecasts 4.26% EPS growth.

Turtle Creek Asset Management Inc. holds 7.42% of its portfolio in SS&C Technologies Holdings, Inc. for 1.86 million shares. Incline Global Management Llc owns 1.54 million shares or 5.11% of their US portfolio. Moreover, Southpoint Capital Advisors Lp has 4.53% invested in the company for 2.75 million shares. The New York-based Select Equity Group L.P. has invested 4.1% in the stock. Msd Partners L.P., a New York-based fund reported 2.67 million shares.

The stock increased 2.54% or $1.23 during the last trading session, reaching $49.71. About 3.12 million shares traded or 156.20% up from the average. SS&C Technologies Holdings, Inc. (SSNC) has risen 26.42% since January 18, 2017 and is uptrending. It has outperformed by 9.72% the S&P500.

Investors sentiment increased to 2.26 in Q3 2017. Its up 0.81, from 1.45 in 2017Q2. It increased, as 9 investors sold Envestnet, Inc. shares while 30 reduced holdings. 37 funds opened positions while 51 raised stakes. 40.29 million shares or 0.21% less from 40.38 million shares in 2017Q2 were reported. Credit Suisse Ag owns 0% invested in Envestnet, Inc. (NYSE:ENV) for 47,426 shares. Commercial Bank Of America De has invested 0% in Envestnet, Inc. (NYSE:ENV). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 1,193 shares. Employees Retirement Of Ohio reported 80,324 shares. Tiaa Cref Inv Ltd Liability stated it has 0.01% of its portfolio in Envestnet, Inc. (NYSE:ENV). Tiverton Asset Management Limited Com holds 87,548 shares or 0.25% of its portfolio. Janney Montgomery Scott Ltd Limited Liability Company invested 0% in Envestnet, Inc. (NYSE:ENV). Castleark Limited Liability reported 0.32% in Envestnet, Inc. (NYSE:ENV). Amer Intl Gru invested 0.01% of its portfolio in Envestnet, Inc. (NYSE:ENV). Goldman Sachs Gp has 0% invested in Envestnet, Inc. (NYSE:ENV). Gsa Capital Llp invested 0.16% of its portfolio in Envestnet, Inc. (NYSE:ENV). Mariner Wealth Advisors Limited Liability holds 11,671 shares or 0.03% of its portfolio. Denver Investment Advisors Limited Liability Corp accumulated 32,675 shares. Enterprise Fincl Serv Corporation holds 0.01% or 429 shares. 352 are held by Bankshares Of Montreal Can.

Analysts await Envestnet, Inc. (NYSE:ENV) to report earnings on March, 22. They expect $0.29 EPS, up 38.10% or $0.08 from last year’s $0.21 per share. ENV’s profit will be $12.85M for 46.29 P/E if the $0.29 EPS becomes a reality. After $0.25 actual EPS reported by Envestnet, Inc. for the previous quarter, Wall Street now forecasts 16.00% EPS growth.

Envestnet, Inc., together with its subsidiaries, provides financial and wealth management software and services in the United States and internationally. The company has market cap of $2.38 billion. It operates through Envestnet and Envestnet | Yodlee business divisions. It currently has negative earnings. The company??s product and services suites include Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, and sells data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides a portfolio of accounting, rebalancing, trading, performance reporting, and client relationship management software, primarily to high-end registered investment advisers; Envestnet | Retirement Solutions , which offers a suite of services for advisor-sold retirement plans; and Envestnet | PMC (Portfolio Management Consultants) that provides research due diligence and consulting services to assist advisors in creating investment solutions for their clients, and patented portfolio overlay and tax optimization services.

The stock increased 1.70% or $0.9 during the last trading session, reaching $53.7. About 180,497 shares traded. Envestnet, Inc. (NYSE:ENV) has risen 12.71% since January 18, 2017 and is uptrending. It has underperformed by 3.99% the S&P500.