SG Americas Securities LLC Has $3.76 Million Position in SS&C Technologies Holdings, Inc. $SSNC

SG Americas Securities LLC increased its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 1,774.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,364 shares of the technology company’s stock after purchasing an additional 40,104 shares during the quarter. SG Americas Securities LLC’s holdings in SS&C Technologies were worth $3,760,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SSNC. North Star Asset Management Inc. increased its holdings in SS&C Technologies by 1.0% in the second quarter. North Star Asset Management Inc. now owns 611,438 shares of the technology company’s stock valued at $50,627,000 after purchasing an additional 6,199 shares during the period. Vanguard Group Inc. grew its position in shares of SS&C Technologies by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 20,567,287 shares of the technology company’s stock valued at $1,702,971,000 after buying an additional 165,821 shares during the last quarter. DNB Asset Management AS increased its stake in shares of SS&C Technologies by 7.3% in the second quarter. DNB Asset Management AS now owns 48,102 shares of the technology company’s stock valued at $3,983,000 after buying an additional 3,269 shares during the period. Davis Capital Management bought a new position in shares of SS&C Technologies during the third quarter worth about $1,064,000. Finally, Eaton Financial Holdings Company LLC acquired a new position in shares of SS&C Technologies in the second quarter worth approximately $2,828,000. Institutional investors own 96.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. Royal Bank Of Canada upped their price objective on shares of SS&C Technologies from $97.00 to $99.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. Morgan Stanley lifted their target price 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. Jefferies Financial Group boosted their target price on shares of SS&C Technologies from $98.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. Finally, DA Davidson set a $102.00 price target on SS&C Technologies in a report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, SS&C Technologies has an average rating of “Moderate Buy” and a consensus target price of $101.75.

SS&C Technologies Trading Down 2.1%

NASDAQ:SSNC opened at $87.04 on Monday. SS&C Technologies Holdings, Inc. has a 12 month low of $69.61 and a 12 month high of $91.07. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.94. The stock has a market capitalization of $21.24 billion, a price-to-earnings ratio of 25.83 and a beta of 1.19. The firm has a fifty day simple moving average of $86.32 and a two-hundred day simple moving average of $85.94.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings data on Thursday, October 23rd. The technology company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.10. The firm had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.55 billion. SS&C Technologies had a net margin of 13.86% and a return on equity of 19.80%. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.29 earnings per share. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS and its FY 2025 guidance at 6.020-6.080 EPS. Analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Monday, December 1st. SS&C Technologies’s dividend payout ratio (DPR) is 32.05%.

Insider Activity at SS&C Technologies

In other news, Director Normand A. Boulanger sold 150,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was 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 $33,217,425.40. This represents a 27.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 16.40% 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.