SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers cut its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 9.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,051 shares of the technology company’s stock after selling 3,102 shares during the quarter. Cetera Investment Advisers’ holdings in SS&C Technologies were worth $2,405,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. Creative Planning increased its stake in SS&C Technologies by 42.5% during the second quarter. Creative Planning now owns 15,160 shares of the technology company’s stock worth $1,255,000 after purchasing an additional 4,520 shares during the period. Old West Investment Management LLC grew its holdings in shares of SS&C Technologies by 5.2% in the second quarter. Old West Investment Management LLC now owns 109,833 shares of the technology company’s stock valued at $9,094,000 after purchasing an additional 5,383 shares in the last quarter. Police & Firemen s Retirement System of New Jersey increased its stake in SS&C Technologies by 1.9% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 32,087 shares of the technology company’s stock worth $2,657,000 after buying an additional 610 shares during the period. Geode Capital Management LLC lifted its holdings in SS&C Technologies by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 3,715,723 shares of the technology company’s stock worth $306,639,000 after buying an additional 14,789 shares in the last quarter. Finally, Forsta AP Fonden boosted its position in SS&C Technologies by 2.5% in the 2nd quarter. Forsta AP Fonden now owns 36,700 shares of the technology company’s stock valued at $3,039,000 after buying an additional 900 shares during the period. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Stock Performance

NASDAQ SSNC opened at $85.93 on Friday. The company has a fifty day moving average of $84.73 and a two-hundred day moving average of $84.31. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.14 and a quick ratio of 1.14. SS&C Technologies Holdings, Inc. has a 1 year low of $69.61 and a 1 year high of $91.07. The company has a market capitalization of $20.97 billion, a PE ratio of 25.50 and a beta of 1.24.

SS&C Technologies (NASDAQ:SSNC) last announced its earnings results on Thursday, October 23rd. The technology company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.10. The firm had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.55 billion. SS&C Technologies had a return on equity of 19.92% and a net margin of 13.86%.The business’s revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.29 EPS. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS. FY 2025 guidance at 6.020-6.080 EPS. As a group, analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be paid a dividend of $0.27 per share. The ex-dividend date is Monday, December 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.3%. SS&C Technologies’s dividend payout ratio is currently 32.05%.

Insiders Place Their Bets

In other SS&C Technologies news, Director Normand A. Boulanger sold 150,000 shares of the firm’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total transaction of $12,877,500.00. Following the transaction, the director directly owned 386,924 shares of the company’s stock, valued at approximately $33,217,425.40. This trade represents a 27.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 16.40% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently weighed in on SSNC shares. Royal Bank Of Canada upped their price objective on SS&C Technologies from $97.00 to $99.00 and gave the stock an “outperform” rating in a research report on Friday, October 24th. UBS Group boosted their price objective on SS&C Technologies from $110.00 to $112.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Raymond James Financial raised their target price on shares of SS&C Technologies from $101.00 to $105.00 and gave the company a “strong-buy” rating in a report on Friday, October 24th. Morgan Stanley lifted their price target on shares of SS&C Technologies from $88.00 to $92.00 and gave the stock an “equal weight” rating in a research note on Friday, October 24th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of SS&C Technologies in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, SS&C Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.75.

SS&C Technologies Company Profile

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.