West Family Investments Inc. Makes New $557,000 Investment in SS&C Technologies Holdings, Inc. $SSNC

West Family Investments Inc. acquired a new position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 8,971 shares of the technology company’s stock, valued at approximately $557,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp bought a new position in shares of SS&C Technologies in the second quarter worth $25,000. Havemeyer Place LP bought a new stake in SS&C Technologies during the fourth quarter worth about $26,000. EFG International AG acquired a new stake in SS&C Technologies during the fourth quarter worth about $29,000. Ameritas Advisory Services LLC bought a new position in SS&C Technologies in the 2nd quarter valued at about $31,000. Finally, Osterweis Capital Management Inc. acquired a new position in shares of SS&C Technologies in the 2nd quarter valued at approximately $40,000. 96.90% of the stock is owned by institutional investors and hedge funds.

SS&C Technologies Price Performance

SS&C Technologies stock opened at $80.45 on Wednesday. The stock’s 50 day moving average is $76.11 and its 200 day moving average is $71.51. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market cap of $18.88 billion, a P/E ratio of 23.12 and a beta of 1.09. SS&C Technologies Holdings, Inc. has a one year low of $61.40 and a one year high of $90.26.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The business had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the prior year, the firm posted $1.45 earnings per share. The business’s quarterly revenue was up 10.3% compared to the same quarter last year. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. As a group, research analysts expect that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current year.

SS&C Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.27. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. SS&C Technologies’s payout ratio is currently 34.48%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. UBS Group reiterated a “buy” rating and set a $99.00 price target on shares of SS&C Technologies in a research report on Thursday, August 13th. Weiss Ratings raised SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 19th. JPMorgan Chase & Co. decreased their price target on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a research note on Monday, July 20th. Needham & Company LLC reissued a “buy” rating and set a $90.00 price target on shares of SS&C Technologies in a report on Friday, July 24th. Finally, Jefferies Financial Group dropped their price objective on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a research report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, SS&C Technologies has an average rating of “Moderate Buy” and a consensus price target of $92.38.

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.