University of Texas Texas AM Investment Management Co. Trims Stock Position in SS&C Technologies Holdings, Inc. $SSNC

University of Texas Texas AM Investment Management Co. lowered its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 50.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 51,688 shares of the technology company’s stock after selling 52,427 shares during the quarter. SS&C Technologies makes up approximately 0.6% of University of Texas Texas AM Investment Management Co.’s investment portfolio, making the stock its 21st largest position. University of Texas Texas AM Investment Management Co.’s holdings in SS&C Technologies were worth $4,519,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Teacher Retirement System of Texas increased its position in shares of SS&C Technologies by 374.3% during the 4th quarter. Teacher Retirement System of Texas now owns 137,799 shares of the technology company’s stock valued at $12,046,000 after purchasing an additional 108,746 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of SS&C Technologies by 8.1% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company’s stock valued at $18,628,000 after purchasing an additional 16,278 shares during the last quarter. Cibc World Market Inc. purchased a new stake in shares of SS&C Technologies during the 3rd quarter valued at about $1,414,000. Assenagon Asset Management S.A. increased its position in shares of SS&C Technologies by 245.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 46,397 shares of the technology company’s stock valued at $4,056,000 after purchasing an additional 32,963 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC increased its position in shares of SS&C Technologies by 8.0% during the 4th quarter. Foster Victor Wealth Advisors LLC now owns 295,413 shares of the technology company’s stock valued at $25,341,000 after purchasing an additional 21,950 shares during the last quarter. Hedge funds and other institutional investors own 96.90% of the company’s stock.

SS&C Technologies Trading Down 0.4%

SSNC stock opened at $67.42 on Tuesday. SS&C Technologies Holdings, Inc. has a 1-year low of $64.51 and a 1-year high of $91.07. 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 company has a market capitalization of $16.24 billion, a price-to-earnings ratio of 20.87 and a beta of 1.09. The business has a 50 day simple moving average of $68.38 and a two-hundred day simple moving average of $75.78.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share 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 period in the prior year, the company posted $1.44 EPS. The firm’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. Research analysts anticipate 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 declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, June 1st. SS&C Technologies’s dividend payout ratio is presently 33.44%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. UBS Group upped their price target on shares of SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, April 24th. DA Davidson reaffirmed a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research report on Monday, April 27th. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Jefferies Financial Group cut their price objective 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. Finally, Weiss Ratings downgraded SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, SS&C Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.13.

Insider Activity at SS&C Technologies

In other SS&C Technologies news, Director Michael Jay Zamkow sold 3,000 shares of the company’s 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 transaction, the director directly owned 18,404 shares in the company, valued at $1,227,178.72. This represents a 14.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jonathan E. Michael sold 2,740 shares of the company’s 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 transaction, the director owned 79,384 shares of the company’s stock, valued at $5,307,614.24. The trade was a 3.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 8,740 shares of company stock valued at $583,576 over the last 90 days. 16.00% of the stock is currently owned by corporate insiders.

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.