SS&C Technologies Holdings, Inc. $SSNC Position Trimmed by Hsbc Holdings PLC

Hsbc Holdings PLC decreased its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 21.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 116,078 shares of the technology company’s stock after selling 32,568 shares during the period. Hsbc Holdings PLC’s holdings in SS&C Technologies were worth $10,168,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Havemeyer Place LP acquired a new stake in shares of SS&C Technologies during the fourth quarter worth approximately $26,000. EFG International AG acquired a new position in SS&C Technologies in the 4th quarter valued at approximately $29,000. V Square Quantitative Management LLC acquired a new position in SS&C Technologies in the 4th quarter valued at approximately $37,000. Osterweis Capital Management Inc. purchased a new stake in SS&C Technologies in the 2nd quarter worth approximately $40,000. Finally, Fifth Third Bancorp lifted its position in SS&C Technologies by 216.4% in the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after buying an additional 329 shares in the last quarter. 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 company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $66.68, for a total transaction 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 represents a 14.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total value of $183,196.40. Following the sale, the director owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. This trade represents a 3.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 8,740 shares of company stock worth $583,576 over the last three months. Company insiders own 16.00% of the company’s stock.

SS&C Technologies Price Performance

NASDAQ SSNC opened at $65.42 on Thursday. 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 stock has a market capitalization of $15.76 billion, a PE ratio of 20.25 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 50 day moving average price of $66.80 and a two-hundred day moving average price of $73.20.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.65 by $0.04. The company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. SS&C Technologies’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, equities analysts predict that SS&C Technologies Holdings, Inc. will post 6.17 earnings per share for the current fiscal year.

SS&C Technologies Announces Dividend

The firm also recently announced 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. This represents a $1.08 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Monday, June 1st. SS&C Technologies’s dividend payout ratio is presently 33.44%.

Analyst Upgrades and Downgrades

SSNC has been the topic of several research analyst reports. UBS Group boosted their price target on shares of SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a report on Friday, April 24th. Morgan Stanley cut their price objective 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. Weiss Ratings cut SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. Needham & Company LLC lowered their target price on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Finally, Jefferies Financial Group dropped their target price on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $96.12.

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.