SS&C Technologies Holdings, Inc. $SSNC Shares Acquired by USS Investment Management Ltd

USS Investment Management Ltd lifted its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 19.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,636 shares of the technology company’s stock after acquiring an additional 7,702 shares during the period. USS Investment Management Ltd’s holdings in SS&C Technologies were worth $3,151,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SSNC. Peregrine Capital Management LLC lifted its position in SS&C Technologies by 5.7% during the 1st quarter. Peregrine Capital Management LLC now owns 125,296 shares of the technology company’s stock worth $8,466,000 after acquiring an additional 6,765 shares during the period. Impact Partnership Wealth LLC acquired a new position in shares of SS&C Technologies in the first quarter valued at about $923,000. MQS Management LLC acquired a new position in shares of SS&C Technologies in the first quarter valued at about $372,000. Lansforsakringar Fondforvaltning AB publ raised its stake in shares of SS&C Technologies by 1.3% in the first quarter. Lansforsakringar Fondforvaltning AB publ now owns 73,830 shares of the technology company’s stock worth $4,989,000 after purchasing an additional 969 shares during the last quarter. Finally, Skylands Capital LLC raised its stake in shares of SS&C Technologies by 71.6% in the first quarter. Skylands Capital LLC now owns 138,475 shares of the technology company’s stock worth $9,357,000 after purchasing an additional 57,775 shares during the last quarter. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Insider Buying and Selling at SS&C Technologies

In related news, Director Jonathan E. Michael sold 2,740 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were 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 $5,307,614.24. The trade was a 3.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total transaction of $200,040.00. Following the sale, the director directly owned 18,404 shares in the company, valued at $1,227,178.72. This trade represents 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 valued at $583,576. Company insiders own 16.00% of the company’s stock.

SS&C Technologies Price Performance

Shares of SSNC opened at $65.52 on Friday. The company has a market capitalization of $15.78 billion, a price-to-earnings ratio of 20.28 and a beta of 1.11. SS&C Technologies Holdings, Inc. has a 52 week low of $61.40 and a 52 week high of $91.07. The stock’s 50-day moving average price is $66.98 and its 200-day moving average price is $73.74. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, beating 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 company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period last year, the business earned $1.44 earnings per share. SS&C Technologies’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. On average, sell-side analysts predict that SS&C Technologies Holdings, Inc. will post 6.17 EPS for the current year.

SS&C Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, June 1st. SS&C Technologies’s payout ratio is 33.44%.

Analysts Set New Price Targets

SSNC has been the topic of a number of recent research reports. UBS Group upped their target price on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Weiss Ratings lowered shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. Morgan Stanley decreased 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 research note on Friday, April 24th. DA Davidson reaffirmed a “buy” rating and issued a $96.00 price objective on shares of SS&C Technologies in a report on Monday, April 27th. Finally, Needham & Company LLC cut their price objective on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, SS&C Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $96.12.

About SS&C Technologies

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.