CenterBook Partners LP Acquires New Holdings in SS&C Technologies Holdings, Inc. $SSNC

CenterBook Partners LP bought a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,856 shares of the technology company’s stock, valued at approximately $1,141,000.

A number of other hedge funds also recently made changes to their positions in SSNC. AlphaCore Capital LLC grew its holdings in SS&C Technologies by 3.4% in the 2nd quarter. AlphaCore Capital LLC now owns 3,671 shares of the technology company’s stock worth $304,000 after buying an additional 120 shares in the last quarter. Whalen Wealth Management Inc. increased its holdings in shares of SS&C Technologies by 4.2% during the third quarter. Whalen Wealth Management Inc. now owns 3,242 shares of the technology company’s stock valued at $288,000 after purchasing an additional 130 shares during the period. J.Safra Asset Management Corp raised its stake in shares of SS&C Technologies by 3.6% during the third quarter. J.Safra Asset Management Corp now owns 3,750 shares of the technology company’s stock valued at $333,000 after purchasing an additional 130 shares in the last quarter. AXA S.A. lifted its holdings in SS&C Technologies by 1.4% in the second quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock worth $776,000 after purchasing an additional 130 shares during the period. Finally, Penserra Capital Management LLC increased its stake in SS&C Technologies by 12.7% during the 2nd quarter. Penserra Capital Management LLC now owns 1,164 shares of the technology company’s stock valued at $96,000 after buying an additional 131 shares during the period. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Stock Performance

Shares of SSNC stock opened at $71.38 on Friday. The company has a market capitalization of $17.42 billion, a price-to-earnings ratio of 22.59 and a beta of 1.17. 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 current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.94. The stock’s fifty day simple moving average is $82.89 and its 200-day simple moving average is $85.04.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last announced its quarterly earnings data on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.07. The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.62 billion. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period last year, the company posted $1.58 EPS. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. On average, sell-side analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.5%. SS&C Technologies’s dividend payout ratio (DPR) is 34.18%.

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 on Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total value 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 represents a 27.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 16.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. UBS Group raised their price objective on shares of SS&C Technologies from $110.00 to $112.00 and gave the company a “buy” rating in a research note on Friday, October 24th. Weiss Ratings reissued a “buy (b)” rating on shares of SS&C Technologies in a research note on Thursday, January 22nd. Needham & Company LLC decreased their target price on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Morgan Stanley lifted their target price on SS&C Technologies from $88.00 to $92.00 and gave the stock an “equal weight” rating in a report on Friday, October 24th. Finally, Jefferies Financial Group upped their price target 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. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $101.00.

Get Our Latest Report on SSNC

About SS&C Technologies

(Free Report)

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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Institutional Ownership by Quarter for SS&C Technologies (NASDAQ:SSNC)

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