Metis Global Partners LLC Sells 1,215 Shares of SS&C Technologies Holdings, Inc. $SSNC

Metis Global Partners LLC decreased its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 31.3% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 2,664 shares of the technology company’s stock after selling 1,215 shares during the quarter. Metis Global Partners LLC’s holdings in SS&C Technologies were worth $221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of SSNC. Larson Financial Group LLC grew its stake in shares of SS&C Technologies by 634.8% in the first quarter. Larson Financial Group LLC now owns 338 shares of the technology company’s stock valued at $28,000 after acquiring an additional 292 shares in the last quarter. Whittier Trust Co. bought a new stake in SS&C Technologies in the 1st quarter valued at about $29,000. N.E.W. Advisory Services LLC acquired a new position in shares of SS&C Technologies during the 1st quarter worth approximately $29,000. Elequin Capital LP bought a new position in shares of SS&C Technologies during the first quarter worth approximately $30,000. Finally, SVB Wealth LLC acquired a new stake in shares of SS&C Technologies in the first quarter valued at approximately $33,000. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Price Performance

SS&C Technologies stock opened at $84.63 on Friday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.14 and a current ratio of 1.14. SS&C Technologies Holdings, Inc. has a 52 week low of $69.61 and a 52 week high of $91.07. The stock has a market capitalization of $20.65 billion, a P/E ratio of 25.11 and a beta of 1.24. The stock has a fifty day moving average of $85.83 and a 200-day moving average of $83.77.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, October 23rd. The technology company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.10. The firm had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.55 billion. SS&C Technologies had a return on equity of 19.92% and a net margin of 13.86%.The business’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.29 earnings per share. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS. FY 2025 guidance at 6.020-6.080 EPS. On average, sell-side analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were given a dividend of $1.08 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $4.32 dividend on an annualized basis and a yield of 5.1%. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.25. SS&C Technologies’s dividend payout ratio is currently 32.05%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Jefferies Financial Group increased their price target on SS&C Technologies from $98.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Morgan Stanley increased their target price on SS&C Technologies from $88.00 to $92.00 and gave the stock an “equal weight” rating in a report on Friday, October 24th. Raymond James Financial raised their price target on SS&C Technologies from $101.00 to $105.00 and gave the stock a “strong-buy” rating in a research report on Friday, October 24th. UBS Group upped their price objective on shares of SS&C Technologies from $110.00 to $112.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Finally, Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $101.75.

SS&C Technologies 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.