Danica Pension Livsforsikringsaktieselskab Invests $64.80 Million in SS&C Technologies Holdings, Inc. $SSNC

Danica Pension Livsforsikringsaktieselskab purchased a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 730,000 shares of the technology company’s stock, valued at approximately $64,795,000. Danica Pension Livsforsikringsaktieselskab owned approximately 0.30% of SS&C Technologies at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the stock. Caldwell Trust Co acquired a new position in SS&C Technologies in the 2nd quarter valued at $27,000. Cornerstone Planning Group LLC grew its holdings in shares of SS&C Technologies by 1,890.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock worth $39,000 after purchasing an additional 416 shares in the last quarter. Quent Capital LLC bought a new position in shares of SS&C Technologies in the third quarter worth $39,000. Root Financial Partners LLC bought a new position in shares of SS&C Technologies in the third quarter worth $42,000. Finally, Osterweis Capital Management Inc. acquired a new position in SS&C Technologies in the second quarter valued at about $40,000. 96.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on SSNC shares. Wall Street Zen cut shares of SS&C Technologies from a “buy” rating to a “hold” rating in a research report on Saturday. Needham & Company LLC cut their price target on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a report on Friday, February 6th. DA Davidson reiterated a “buy” rating and set a $106.00 price target on shares of SS&C Technologies in a research report on Friday, February 6th. Weiss Ratings reissued a “buy (b)” rating on shares of SS&C Technologies in a research note on Thursday, January 22nd. Finally, Raymond James Financial restated a “strong-buy” rating on shares of SS&C Technologies in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $101.00.

SS&C Technologies Stock Performance

SS&C Technologies stock opened at $72.62 on Wednesday. SS&C Technologies Holdings, Inc. has a 12-month low of $69.00 and a 12-month high of $91.07. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.07. The business’s 50-day moving average price is $77.94 and its two-hundred day moving average price is $83.29. The stock has a market cap of $17.54 billion, a PE ratio of 22.98 and a beta of 1.18.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results 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 analysts’ expectations of $1.62 billion. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.58 earnings per share. 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. As a group, analysts expect 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 declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.27 per share. The ex-dividend date was Monday, March 2nd. This represents a $1.08 annualized dividend and a dividend yield of 1.5%. SS&C Technologies’s dividend payout ratio is 34.18%.

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.