UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $104.35 Million Stake in SS&C Technologies Holdings, Inc. $SSNC

Key Points

• UBS Asset Management Americas has increased its stake in SS&C Technologies by 9.6%, now owning approximately 1,249,222 shares valued at $104.35 million.
• SS&C Technologies recently reported quarterly earnings of $1.45 per share, surpassing analysts' expectations and indicating a 5.9% year-over-year revenue growth.
• The company announced a quarterly dividend of $1.08 per share, which reflects a significant increase from the previous dividend of $0.25, representing a 4.8% annual dividend yield.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 9.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,249,222 shares of the technology company's stock after purchasing an additional 109,226 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.51% of SS&C Technologies worth $104,348,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in SSNC. Atwood & Palmer Inc. raised its holdings in shares of SS&C Technologies by 125.8% during the first quarter. Atwood & Palmer Inc. now owns 298 shares of the technology company's stock valued at $25,000 after purchasing an additional 166 shares during the period. Larson Financial Group LLC raised its holdings in shares of SS&C Technologies by 634.8% during the first quarter. Larson Financial Group LLC now owns 338 shares of the technology company's stock valued at $28,000 after purchasing an additional 292 shares during the period. Whittier Trust Co. bought a new stake in shares of SS&C Technologies during the first quarter worth about $29,000. N.E.W. Advisory Services LLC bought a new stake in shares of SS&C Technologies during the first quarter worth about $29,000. Finally, Elequin Capital LP bought a new stake in shares of SS&C Technologies during the first quarter worth about $30,000. Institutional investors and hedge funds own 96.95% of the company's stock.

SS&C Technologies Stock Performance

Shares of SSNC stock opened at $89.21 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.97. SS&C Technologies Holdings, Inc. has a 12 month low of $66.83 and a 12 month high of $91.07. The stock has a market capitalization of $21.79 billion, a P/E ratio of 27.97 and a beta of 1.24. The firm's 50 day moving average is $86.32 and its 200 day moving average is $82.19.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The technology company reported $1.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.39 by $0.06. The company 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 firm's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous 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. On average, sell-side 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 firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be issued a dividend of $1.08 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $4.32 annualized dividend and a dividend yield of 4.8%. This is an increase from SS&C Technologies's previous quarterly dividend of $0.25. SS&C Technologies's payout ratio is 33.86%.

Analyst Ratings Changes

Several research firms have recently commented on SSNC. Raymond James Financial boosted their target price on shares of SS&C Technologies from $90.00 to $95.00 and gave the stock a "strong-buy" rating in a research report on Thursday, July 24th. DA Davidson boosted their target price on shares of SS&C Technologies from $98.00 to $102.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Wall Street Zen raised shares of SS&C Technologies from a "hold" rating to a "buy" rating in a research report on Saturday. Needham & Company LLC upped their price objective on shares of SS&C Technologies from $90.00 to $100.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Finally, UBS Group upped 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 report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, SS&C Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $97.38.

SS&C Technologies Company Profile

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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