UNIVEST FINANCIAL Corp Sells 112,427 Shares of SS&C Technologies Holdings, Inc. $SSNC

UNIVEST FINANCIAL Corp decreased its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 80.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 27,488 shares of the technology company’s stock after selling 112,427 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in SS&C Technologies were worth $1,857,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Fifth Third Bancorp lifted its stake in SS&C Technologies by 23,459.7% in the 1st quarter. Fifth Third Bancorp now owns 113,322 shares of the technology company’s stock worth $7,657,000 after purchasing an additional 112,841 shares in the last quarter. Manning & Napier Advisors LLC grew its position in shares of SS&C Technologies by 75.9% during the first quarter. Manning & Napier Advisors LLC now owns 90,329 shares of the technology company’s stock valued at $6,104,000 after purchasing an additional 38,968 shares in the last quarter. Hsbc Holdings PLC increased its holdings in shares of SS&C Technologies by 140.4% in the first quarter. Hsbc Holdings PLC now owns 279,044 shares of the technology company’s stock worth $18,804,000 after purchasing an additional 162,966 shares during the last quarter. Resona Asset Management Co. Ltd. increased its holdings in shares of SS&C Technologies by 1.4% in the first quarter. Resona Asset Management Co. Ltd. now owns 63,702 shares of the technology company’s stock worth $4,295,000 after purchasing an additional 861 shares during the last quarter. Finally, Childress Capital Advisors LLC purchased a new stake in shares of SS&C Technologies in the first quarter worth about $268,000. 96.90% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at SS&C Technologies

In other news, Director Michael Jay Zamkow sold 3,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $66.68, for a total value of $200,040.00. Following the completion of the sale, the director owned 18,404 shares in the company, valued at approximately $1,227,178.72. This trade represents a 14.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 transaction of $183,196.40. Following the transaction, the director directly owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. This represents a 3.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 8,740 shares of company stock worth $583,576. Insiders own 16.00% of the company’s stock.

SS&C Technologies Price Performance

NASDAQ:SSNC opened at $66.62 on Monday. The firm has a market capitalization of $16.04 billion, a price-to-earnings ratio of 20.63 and a beta of 1.11. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10. The business has a 50 day simple moving average of $66.70 and a 200-day simple moving average of $72.90. SS&C Technologies Holdings, Inc. has a 1 year low of $61.40 and a 1 year high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last released its 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 firm had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the previous year, the company posted $1.44 EPS. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Equities analysts forecast that SS&C Technologies Holdings, Inc. will post 6.17 EPS for the current year.

SS&C Technologies Dividend Announcement

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

Analysts Set New Price Targets

SSNC has been the subject of several research analyst reports. Morgan Stanley cut their price target on 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. DA Davidson reaffirmed a “buy” rating and set a $96.00 price objective on shares of SS&C Technologies in a report on Monday, April 27th. UBS Group increased 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 report on Friday, May 8th. Finally, Needham & Company LLC reduced their price target on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a research report 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $96.12.

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.