Mitsubishi UFJ Asset Management Co. Ltd. Makes New $15.71 Million Investment in SS&C Technologies Holdings, Inc. $SSNC

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 253,147 shares of the technology company’s stock, valued at approximately $15,709,000. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.11% of SS&C Technologies at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Havemeyer Place LP purchased a new position in shares of SS&C Technologies during the 4th quarter valued at about $26,000. EFG International AG purchased a new stake in SS&C Technologies in the fourth quarter worth approximately $29,000. Osterweis Capital Management Inc. purchased a new stake in SS&C Technologies in the second quarter worth approximately $40,000. Fifth Third Bancorp grew its position in SS&C Technologies by 216.4% during the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock valued at $42,000 after acquiring an additional 329 shares during the last quarter. Finally, Private Trust Co. NA grew its position in SS&C Technologies by 36.0% during the fourth quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock valued at $44,000 after acquiring an additional 133 shares during the last quarter. 96.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of SS&C Technologies in a report on Wednesday, August 5th. Morgan Stanley reduced their price target on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Royal Bank Of Canada lifted their price target on SS&C Technologies from $89.00 to $92.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. DA Davidson restated a “buy” rating and issued a $96.00 target price on shares of SS&C Technologies in a report on Monday, July 27th. Finally, Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $91.25.

View Our Latest Stock Analysis on SSNC

SS&C Technologies Trading Down 0.2%

NASDAQ SSNC opened at $82.12 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.09. SS&C Technologies Holdings, Inc. has a twelve month low of $61.40 and a twelve month high of $91.07. The firm has a market capitalization of $19.27 billion, a PE ratio of 23.60 and a beta of 1.07. The stock’s 50 day moving average is $71.52 and its 200 day moving average is $70.71.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last announced its earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. The business had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.45 earnings per share. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. Research analysts forecast that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.27. SS&C Technologies’s payout ratio is 31.03%.

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.

Further Reading

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

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