SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Strs Ohio

Strs Ohio lessened its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 97.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,004 shares of the technology company’s stock after selling 191,708 shares during the period. Strs Ohio’s holdings in SS&C Technologies were worth $338,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. USS Investment Management Ltd grew its position in shares of SS&C Technologies by 19.8% in the first quarter. USS Investment Management Ltd now owns 46,636 shares of the technology company’s stock valued at $3,151,000 after purchasing an additional 7,702 shares in the last quarter. Peregrine Capital Management LLC lifted its position in SS&C Technologies by 5.7% during the first quarter. Peregrine Capital Management LLC now owns 125,296 shares of the technology company’s stock worth $8,466,000 after buying an additional 6,765 shares in the last quarter. Impact Partnership Wealth LLC purchased a new position in SS&C Technologies during the first quarter worth approximately $923,000. MQS Management LLC acquired a new position in SS&C Technologies during the first quarter worth $372,000. Finally, Lansforsakringar Fondforvaltning AB publ grew its holdings in SS&C Technologies by 1.3% in the 1st quarter. Lansforsakringar Fondforvaltning AB publ now owns 73,830 shares of the technology company’s stock valued at $4,989,000 after buying an additional 969 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Trading Down 0.2%

SSNC traded down $0.11 on Friday, hitting $66.62. The company had a trading volume of 1,832,246 shares, compared to its average volume of 1,776,177. The company’s fifty day moving average price is $66.70 and its 200 day moving average price is $73.01. SS&C Technologies Holdings, Inc. has a 1 year low of $61.40 and a 1 year high of $91.07. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.06. The firm has a market cap of $16.04 billion, a P/E ratio of 20.63 and a beta of 1.11.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.65 by $0.04. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The business had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same period last year, the business posted $1.44 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, equities analysts expect that SS&C Technologies Holdings, Inc. will post 6.17 earnings per share for the current year.

SS&C Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Monday, June 1st. SS&C Technologies’s dividend payout ratio (DPR) is presently 33.44%.

Insider Buying and Selling at SS&C Technologies

In related news, Director Jonathan E. Michael sold 2,740 shares of SS&C Technologies stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total value of $183,196.40. Following the completion of the transaction, the director directly owned 79,384 shares in the company, valued at approximately $5,307,614.24. This trade represents a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michael Jay Zamkow sold 3,000 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total value of $200,040.00. Following the transaction, the director directly owned 18,404 shares of the company’s stock, valued at $1,227,178.72. The trade was a 14.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 8,740 shares of company stock worth $583,576. Insiders own 16.00% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. UBS Group raised their target price on SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Needham & Company LLC dropped their price objective on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, April 24th. DA Davidson restated a “buy” rating and set a $96.00 price objective on shares of SS&C Technologies in a research report on Monday, April 27th. Finally, Jefferies Financial Group reduced their target price on shares of SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, SS&C Technologies presently has an average rating of “Moderate Buy” and an average price target of $96.12.

Read Our Latest Report on SS&C Technologies

SS&C Technologies Profile

(Free Report)

SS&C Technologies is a global provider of software and services for the financial services industry, offering technology and outsourcing solutions that support investment managers, asset servicing firms, insurance companies, private equity and real estate managers, hedge funds, wealth managers and other financial institutions. The company’s offerings span front-, middle- and back-office functionality, enabling clients to automate trading, portfolio accounting, reconciliation, performance measurement, risk and compliance, and client reporting.

SS&C delivers its capabilities through a mix of licensed software, cloud-based SaaS platforms and managed services.

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Institutional Ownership by Quarter for SS&C Technologies (NASDAQ:SSNC)

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