UBS Group AG Lowers Holdings in SS&C Technologies Holdings, Inc. $SSNC

UBS Group AG trimmed its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 11.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 688,494 shares of the technology company’s stock after selling 87,012 shares during the quarter. UBS Group AG’s holdings in SS&C Technologies were worth $60,188,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SSNC. Alliancebernstein L.P. boosted its stake in shares of SS&C Technologies by 503.0% during the 3rd quarter. Alliancebernstein L.P. now owns 1,261,559 shares of the technology company’s stock worth $111,976,000 after acquiring an additional 1,052,331 shares in the last quarter. Junto Capital Management LP purchased a new stake in shares of SS&C Technologies during the 3rd quarter worth about $89,281,000. Danica Pension Livsforsikringsaktieselskab purchased a new stake in shares of SS&C Technologies during the 3rd quarter worth about $64,795,000. First Trust Advisors LP boosted its stake in shares of SS&C Technologies by 114.2% during the 3rd quarter. First Trust Advisors LP now owns 772,290 shares of the technology company’s stock worth $68,548,000 after acquiring an additional 411,717 shares in the last quarter. Finally, Amundi boosted its stake in shares of SS&C Technologies by 129.8% during the 3rd quarter. Amundi now owns 616,219 shares of the technology company’s stock worth $53,808,000 after acquiring an additional 348,092 shares in the last quarter. 96.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

SSNC has been the subject of several research analyst reports. Raymond James Financial restated a “strong-buy” rating on shares of SS&C Technologies in a research report on Wednesday, January 21st. Needham & Company LLC reduced their price target on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, April 24th. DA Davidson restated a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research report on Monday, April 27th. UBS Group upped their price target on shares of SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Finally, Morgan Stanley cut their price objective on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, SS&C Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $96.13.

Get Our Latest Stock Report on SSNC

SS&C Technologies Stock Down 0.1%

NASDAQ SSNC opened at $69.23 on Tuesday. SS&C Technologies Holdings, Inc. has a 52 week low of $65.05 and a 52 week high of $91.07. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06. The business’s fifty day simple moving average is $70.74 and its 200-day simple moving average is $79.15. The firm has a market cap of $16.67 billion, a PE ratio of 21.43 and a beta of 1.12.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.65 by $0.04. The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.63 billion. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The business’s revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, equities analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current year.

SS&C Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.27 per share. The ex-dividend date was Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.6%. SS&C Technologies’s dividend payout ratio (DPR) is currently 33.44%.

About SS&C Technologies

(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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