Kodai Capital Management LP Has $16.40 Million Stake in SS&C Technologies Holdings, Inc. $SSNC

Key Points

• Kodai Capital Management LP increased its stake in SS&C Technologies by 282.7%, acquiring an additional 145,014 shares to reach a total of 196,309 shares valued at approximately $16.4 million.
• SS&C Technologies announced a quarterly dividend of $1.08 per share, significantly higher than the previous dividend of $0.25, yielding 4.9% annually.
• Several analysts have upgraded their price targets for SS&C Technologies, with the average target now at $97.38, reflecting a revised "buy" rating from multiple firms.

Kodai Capital Management LP increased its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 282.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 196,309 shares of the technology company's stock after acquiring an additional 145,014 shares during the period. Kodai Capital Management LP owned approximately 0.08% of SS&C Technologies worth $16,398,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EP Wealth Advisors LLC raised its stake in SS&C Technologies by 2.0% in the fourth quarter. EP Wealth Advisors LLC now owns 7,003 shares of the technology company's stock worth $531,000 after buying an additional 139 shares in the last quarter. Global X Japan Co. Ltd. raised its stake in SS&C Technologies by 16.1% in the first quarter. Global X Japan Co. Ltd. now owns 1,011 shares of the technology company's stock worth $84,000 after buying an additional 140 shares in the last quarter. Tectonic Advisors LLC raised its stake in SS&C Technologies by 1.9% in the first quarter. Tectonic Advisors LLC now owns 7,534 shares of the technology company's stock worth $629,000 after buying an additional 144 shares in the last quarter. Wellington Management Group LLP raised its stake in SS&C Technologies by 5.3% in the fourth quarter. Wellington Management Group LLP now owns 3,193 shares of the technology company's stock worth $242,000 after buying an additional 161 shares in the last quarter. Finally, Prudent Man Advisors LLC raised its stake in SS&C Technologies by 2.2% in the first quarter. Prudent Man Advisors LLC now owns 7,651 shares of the technology company's stock worth $639,000 after buying an additional 163 shares in the last quarter. Hedge funds and other institutional investors own 96.95% of the company's stock.

SS&C Technologies Stock Down 1.5%

Shares of SSNC traded down $1.31 during mid-day trading on Wednesday, hitting $86.21. 329,713 shares of the company's stock were exchanged, compared to its average volume of 1,362,974. The firm has a fifty day moving average of $85.32 and a two-hundred day moving average of $82.19. SS&C Technologies Holdings, Inc. has a twelve month low of $66.83 and a twelve month high of $91.07. The stock has a market cap of $21.06 billion, a price-to-earnings ratio of 27.04 and a beta of 1.24. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.97.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The technology company reported $1.45 EPS for the quarter, topping the consensus estimate of $1.39 by $0.06. SS&C Technologies had a net margin of 13.34% and a return on equity of 18.92%. The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the prior year, the business posted $1.27 EPS. SS&C Technologies's quarterly revenue was up 5.9% on a year-over-year basis. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. On average, sell-side analysts forecast 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. Shareholders of record on Tuesday, September 2nd will be given a dividend of $1.08 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $4.32 dividend on an annualized basis and a yield of 5.0%. This is a positive change from SS&C Technologies's previous quarterly dividend of $0.25. SS&C Technologies's dividend payout ratio (DPR) is presently 33.86%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on SSNC shares. DA Davidson boosted their price objective on shares of SS&C Technologies from $98.00 to $102.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. UBS Group boosted their price objective on shares of SS&C Technologies from $108.00 to $110.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. JPMorgan Chase & Co. boosted their price objective on shares of SS&C Technologies from $86.00 to $94.00 and gave the stock a "neutral" rating in a research note on Thursday, July 24th. Needham & Company LLC lifted their price target on shares of SS&C Technologies from $90.00 to $100.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Finally, Wall Street Zen lowered shares of SS&C Technologies from a "buy" rating to a "hold" rating in a report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average 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.