Danica Pension Livsforsikringsaktieselskab Decreases Holdings in SS&C Technologies Holdings, Inc. $SSNC

Danica Pension Livsforsikringsaktieselskab trimmed its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 70.6% in the first quarter, HoldingsChannel reports. The fund owned 200,021 shares of the technology company’s stock after selling 479,979 shares during the period. Danica Pension Livsforsikringsaktieselskab’s holdings in SS&C Technologies were worth $13,515,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. ABN Amro Investment Solutions grew its holdings in shares of SS&C Technologies by 21.7% during the 1st quarter. ABN Amro Investment Solutions now owns 13,723 shares of the technology company’s stock valued at $927,000 after purchasing an additional 2,449 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in SS&C Technologies by 2.1% in the first quarter. PNC Financial Services Group Inc. now owns 20,143 shares of the technology company’s stock worth $1,361,000 after purchasing an additional 408 shares during the last quarter. Oslo Pensjonsforsikring AS bought a new stake in SS&C Technologies in the first quarter worth $402,000. Andra AP fonden boosted its position in SS&C Technologies by 3,879.2% during the first quarter. Andra AP fonden now owns 210,900 shares of the technology company’s stock valued at $14,251,000 after buying an additional 205,600 shares during the period. Finally, Titan Global Capital Management USA LLC boosted its position in SS&C Technologies by 2.7% during the first quarter. Titan Global Capital Management USA LLC now owns 39,151 shares of the technology company’s stock valued at $2,645,000 after buying an additional 1,036 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

SS&C Technologies Price Performance

Shares of SS&C Technologies stock opened at $67.92 on Wednesday. The firm has a market cap of $16.36 billion, a PE ratio of 21.03 and a beta of 1.11. SS&C Technologies Holdings, Inc. has a 12-month low of $61.40 and a 12-month 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 company’s fifty day simple moving average is $66.70 and its two-hundred day simple moving average is $71.90.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.04. The firm had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.63 billion. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the previous 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 analysts expect that SS&C Technologies Holdings, Inc. will post 6.17 EPS for the current year.

SS&C Technologies Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have recently commented on SSNC shares. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Morgan Stanley dropped their target price 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. Jefferies Financial Group reduced their price target on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a research report on Monday. DA Davidson reaffirmed a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a research note on Wednesday, July 15th. Finally, UBS Group boosted their price objective 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. 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 stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $94.12.

Insider Activity at SS&C Technologies

In other SS&C Technologies news, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was 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 filing with the SEC, 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 that occurred on Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total value of $183,196.40. Following the completion of the sale, the director owned 79,384 shares in the company, 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 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 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.