4,599 Shares in SS&C Technologies Holdings, Inc. $SSNC Acquired by Focus Partners Advisor Solutions LLC

Key Points

• Focus Partners Advisor Solutions LLC has acquired a new position in SS&C Technologies, purchasing 4,599 shares valued at approximately $384,000 during the first quarter.
• SS&C Technologies announced a quarterly dividend increase to $1.08 per share, highlighting a dividend yield of 4.9%.
• Analysts have raised their price targets for SS&C Technologies, with a consensus target now set at $97.38 and a consensus rating of "Moderate Buy."

Focus Partners Advisor Solutions LLC purchased a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,599 shares of the technology company's stock, valued at approximately $384,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in SS&C Technologies by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 20,401,466 shares of the technology company's stock valued at $1,704,134,000 after buying an additional 186,440 shares in the last quarter. Janus Henderson Group PLC lifted its stake in SS&C Technologies by 3.4% in the 4th quarter. Janus Henderson Group PLC now owns 16,598,958 shares of the technology company's stock valued at $1,257,869,000 after buying an additional 539,483 shares in the last quarter. Burgundy Asset Management Ltd. lifted its stake in SS&C Technologies by 3.6% in the 1st quarter. Burgundy Asset Management Ltd. now owns 5,186,307 shares of the technology company's stock valued at $433,212,000 after buying an additional 182,200 shares in the last quarter. Bank of America Corp DE lifted its stake in SS&C Technologies by 64.9% in the 4th quarter. Bank of America Corp DE now owns 2,235,142 shares of the technology company's stock valued at $169,379,000 after buying an additional 880,058 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH lifted its stake in SS&C Technologies by 9.8% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 1,705,337 shares of the technology company's stock valued at $142,447,000 after buying an additional 151,708 shares in the last quarter. Hedge funds and other institutional investors own 96.95% of the company's stock.

SS&C Technologies Trading Up 0.1%

Shares of SS&C Technologies stock opened at $88.80 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.97. The firm has a market cap of $21.69 billion, a PE ratio of 27.84 and a beta of 1.24. The business's fifty day moving average is $85.74 and its two-hundred day moving average is $82.22. SS&C Technologies Holdings, Inc. has a fifty-two week low of $66.83 and a fifty-two week high of $91.07.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The technology company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.06. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.52 billion. SS&C Technologies had a return on equity of 18.92% and a net margin of 13.34%.The business's quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the company posted $1.27 EPS. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. Analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be given a $1.08 dividend. This is an increase from SS&C Technologies's previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $4.32 annualized dividend and a dividend yield of 4.9%. SS&C Technologies's dividend payout ratio is 33.86%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SSNC. Needham & Company LLC upped their target price on SS&C Technologies from $90.00 to $100.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. DA Davidson increased their price target on SS&C Technologies from $98.00 to $102.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Raymond James Financial increased their price target on SS&C Technologies from $90.00 to $95.00 and gave the stock a "strong-buy" rating in a research note on Thursday, July 24th. Morgan Stanley increased their price target on SS&C Technologies from $75.00 to $88.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 24th. Finally, JPMorgan Chase & Co. increased their price target on SS&C Technologies from $86.00 to $94.00 and gave the stock a "neutral" rating in a research note on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $97.38.

About SS&C Technologies

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.

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