Brant Point Investment Management LLC Decreases Stock Holdings in SS&C Technologies Holdings, Inc. $SSNC

Brant Point Investment Management LLC trimmed its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 33.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 19,824 shares of the technology company’s stock after selling 10,000 shares during the period. Brant Point Investment Management LLC’s holdings in SS&C Technologies were worth $1,733,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Transamerica Financial Advisors LLC increased its position in shares of SS&C Technologies by 36.9% during the fourth quarter. Transamerica Financial Advisors LLC now owns 1,614 shares of the technology company’s stock valued at $141,000 after acquiring an additional 435 shares during the last quarter. Parkside Financial Bank & Trust increased its position in shares of SS&C Technologies by 16.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,334 shares of the technology company’s stock valued at $117,000 after acquiring an additional 186 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of SS&C Technologies during the fourth quarter valued at approximately $2,032,000. The Manufacturers Life Insurance Company increased its position in shares of SS&C Technologies by 2.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 20,581 shares of the technology company’s stock valued at $1,799,000 after acquiring an additional 497 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co increased its position in shares of SS&C Technologies by 22.9% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 116,422 shares of the technology company’s stock valued at $10,183,000 after acquiring an additional 21,727 shares during the last quarter. 96.90% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Price Performance

SS&C Technologies stock opened at $67.68 on Friday. The firm has a market capitalization of $16.30 billion, a P/E ratio of 20.95 and a beta of 1.09. SS&C Technologies Holdings, Inc. has a one year low of $64.51 and a one year high of $91.07. The business has a fifty day moving average price of $68.40 and a 200-day moving average price of $75.97. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10.

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

SS&C Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.08 annualized dividend and a yield of 1.6%. SS&C Technologies’s dividend payout ratio (DPR) is currently 33.44%.

Insider Buying and Selling at SS&C Technologies

In other SS&C Technologies news, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $66.68, for a total transaction of $200,040.00. Following the completion of the sale, the director 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of SS&C Technologies stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total value of $183,196.40. Following the sale, the director directly owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. This trade represents a 3.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 8,740 shares of company stock valued at $583,576 in the last three months. 16.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

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 report on Friday, April 24th. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. DA Davidson reissued a “buy” rating and issued a $96.00 target price on shares of SS&C Technologies in a research report on Monday, April 27th. Jefferies Financial Group decreased their target price on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Finally, Weiss Ratings downgraded SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, SS&C Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $96.13.

SS&C Technologies Company Profile

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.