SS&C Technologies Holdings, Inc. $SSNC Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. raised its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 8.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 217,237 shares of the technology company’s stock after acquiring an additional 16,278 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in SS&C Technologies were worth $18,628,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new stake in SS&C Technologies in the 4th quarter worth about $37,000. Cornerstone Planning Group LLC boosted its holdings in SS&C Technologies by 1,890.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock worth $39,000 after buying an additional 416 shares during the last quarter. Quent Capital LLC acquired a new stake in SS&C Technologies in the 3rd quarter worth about $39,000. Root Financial Partners LLC acquired a new stake in SS&C Technologies in the 3rd quarter worth about $42,000. Finally, Osterweis Capital Management Inc. purchased a new position in SS&C Technologies in the 2nd quarter worth approximately $40,000. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently issued reports on SSNC. Morgan Stanley dropped their price target on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. UBS Group increased their price target on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a report on Friday, April 24th. Jefferies Financial Group cut their price target on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. Needham & Company LLC cut their price target on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, April 24th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a report on Monday, April 27th. 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 stock. According to MarketBeat.com, SS&C Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $96.13.

View Our Latest Research Report on SSNC

SS&C Technologies Price Performance

NASDAQ:SSNC opened at $68.76 on Friday. SS&C Technologies Holdings, Inc. has a one year low of $65.05 and a one year high of $91.07. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market cap of $16.56 billion, a PE ratio of 21.29 and a beta of 1.12. The stock has a 50 day moving average price of $70.69 and a 200 day moving average price of $78.93.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 EPS 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 during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter last year, the firm earned $1.44 earnings per share. The business’s revenue for the quarter 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. Equities research analysts expect that SS&C Technologies Holdings, Inc. will post 6.19 EPS for the current fiscal year.

SS&C Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were issued a $0.27 dividend. The ex-dividend date was Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. SS&C Technologies’s dividend payout ratio is currently 33.44%.

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.

See Also

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

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