Qsemble Capital Management LP bought a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 56,085 shares of the technology company’s stock, valued at approximately $4,903,000.
A number of other hedge funds and other institutional investors also recently bought and sold shares of SSNC. Alliancebernstein L.P. lifted its holdings in SS&C Technologies by 503.0% in the third quarter. Alliancebernstein L.P. now owns 1,261,559 shares of the technology company’s stock valued at $111,976,000 after acquiring an additional 1,052,331 shares during the period. Junto Capital Management LP acquired a new stake in SS&C Technologies in the third quarter valued at $89,281,000. Danica Pension Livsforsikringsaktieselskab acquired a new stake in SS&C Technologies in the third quarter valued at $64,795,000. First Trust Advisors LP raised its stake in shares of SS&C Technologies by 114.2% during the 3rd quarter. First Trust Advisors LP now owns 772,290 shares of the technology company’s stock worth $68,548,000 after buying an additional 411,717 shares during the last quarter. Finally, Amundi raised its stake in shares of SS&C Technologies by 129.8% during the 3rd quarter. Amundi now owns 616,219 shares of the technology company’s stock worth $53,808,000 after buying an additional 348,092 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on SSNC. DA Davidson reaffirmed a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research note on Monday, April 27th. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday. 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 research note on Friday, April 24th. UBS Group lifted their price target on SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, 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 research note on Tuesday, April 21st. One research 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 company. According to MarketBeat.com, SS&C Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $96.13.
SS&C Technologies Trading Down 0.4%
NASDAQ:SSNC opened at $64.58 on Friday. The company has a market capitalization of $15.55 billion, a PE ratio of 19.99 and a beta of 1.12. 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 Holdings, Inc. has a 52-week low of $64.51 and a 52-week high of $91.07. The stock has a fifty day simple moving average of $69.65 and a 200-day simple moving average of $78.28.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.65 billion during 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 business’s 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, equities research analysts expect that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current fiscal year.
SS&C Technologies Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were paid a $0.27 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.08 annualized dividend and a yield of 1.7%. SS&C Technologies’s payout ratio is presently 33.44%.
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.
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