SS&C Technologies Holdings, Inc. $SSNC Shares Purchased by Danske Bank A S

Danske Bank A S raised its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 103.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 521,042 shares of the technology company’s stock after purchasing an additional 264,365 shares during the quarter. Danske Bank A S’s holdings in SS&C Technologies were worth $45,549,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Millennium Management LLC boosted its stake in SS&C Technologies by 349.1% during the first quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock valued at $14,754,000 after buying an additional 137,301 shares in the last quarter. NewEdge Advisors LLC raised its position in SS&C Technologies by 6,069.0% in the first quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company’s stock worth $216,000 after acquiring an additional 2,549 shares in the last quarter. Goldman Sachs Group Inc. raised its position in SS&C Technologies by 16.4% in the first quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock worth $57,664,000 after acquiring an additional 97,247 shares in the last quarter. Focus Partners Wealth lifted its holdings in SS&C Technologies by 35.1% in the 1st quarter. Focus Partners Wealth now owns 9,362 shares of the technology company’s stock valued at $782,000 after acquiring an additional 2,431 shares during the last quarter. Finally, Invesco Ltd. boosted its position in shares of SS&C Technologies by 17.9% during the 2nd quarter. Invesco Ltd. now owns 569,693 shares of the technology company’s stock valued at $47,171,000 after purchasing an additional 86,606 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on SSNC shares. Morgan Stanley lowered their price objective on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Needham & Company LLC reduced their target price on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, April 24th. Weiss Ratings lowered shares of SS&C Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, April 7th. Wall Street Zen cut SS&C Technologies from a “buy” rating to a “hold” rating in a report on Saturday. Finally, UBS Group increased their price objective on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, April 24th. One 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 company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $96.13.

SS&C Technologies Price Performance

NASDAQ SSNC opened at $69.31 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.07. SS&C Technologies Holdings, Inc. has a 1 year low of $65.05 and a 1 year high of $91.07. The company has a market cap of $16.69 billion, a PE ratio of 21.46 and a beta of 1.19. The stock’s 50-day moving average price is $70.74 and its two-hundred day moving average price is $79.19.

SS&C Technologies (NASDAQ:SSNC) last announced its 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. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.09%. The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period last year, the company posted $1.44 earnings per share. The business’s revenue for the quarter was up 8.8% on a year-over-year basis. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, analysts predict that SS&C Technologies Holdings, Inc. will post 6.19 EPS for the current year.

SS&C Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, March 2nd. SS&C Technologies’s payout ratio is presently 33.44%.

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.