St. James Investment Company LLC Invests $19.49 Million in SS&C Technologies Holdings, Inc. $SSNC

St. James Investment Company LLC purchased a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the 3rd quarter, HoldingsChannel reports. The fund purchased 219,526 shares of the technology company’s stock, valued at approximately $19,485,000. SS&C Technologies makes up approximately 3.1% of St. James Investment Company LLC’s investment portfolio, making the stock its 13th largest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caldwell Trust Co purchased a new position in SS&C Technologies in the 2nd quarter worth approximately $27,000. Quent Capital LLC acquired a new stake in shares of SS&C Technologies in the third quarter valued at approximately $39,000. Osterweis Capital Management Inc. purchased a new position in SS&C Technologies during the second quarter worth approximately $40,000. Salem Investment Counselors Inc. boosted its stake in SS&C Technologies by 71.7% during the third quarter. Salem Investment Counselors Inc. now owns 625 shares of the technology company’s stock worth $55,000 after buying an additional 261 shares during the last quarter. Finally, McIlrath & Eck LLC purchased a new stake in SS&C Technologies in the 3rd quarter valued at $60,000. 96.90% of the stock is currently owned by institutional investors and hedge funds.

SS&C Technologies Stock Performance

NASDAQ:SSNC opened at $85.78 on Tuesday. SS&C Technologies Holdings, Inc. has a fifty-two week low of $69.61 and a fifty-two week high of $91.07. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.12 and a current ratio of 1.12. The company has a 50 day moving average price of $86.42 and a 200 day moving average price of $86.07. The stock has a market capitalization of $20.93 billion, a P/E ratio of 25.45 and a beta of 1.19.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, October 23rd. The technology company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.10. SS&C Technologies had a return on equity of 19.80% and a net margin of 13.86%.The company had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.55 billion. During the same period in the prior year, the firm earned $1.29 earnings per share. The firm’s revenue was up 7.0% compared to the same quarter last year. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS and its FY 2025 guidance at 6.020-6.080 EPS. Equities research analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a dividend of $0.27 per share. The ex-dividend date was Monday, December 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.3%. SS&C Technologies’s dividend payout ratio is 32.05%.

Insider Activity

In other news, Director Normand A. Boulanger sold 150,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total value of $12,877,500.00. Following the completion of the transaction, the director owned 386,924 shares of the company’s stock, valued at approximately $33,217,425.40. This trade represents a 27.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 16.40% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on SSNC. UBS Group lifted their price target on SS&C Technologies from $110.00 to $112.00 and gave the stock a “buy” rating in a report on Friday, October 24th. DA Davidson set a $102.00 target price on shares of SS&C Technologies in a research note on Friday, October 24th. Royal Bank Of Canada increased their price target on shares of SS&C Technologies from $97.00 to $99.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of SS&C Technologies in a research report on Wednesday, October 8th. Finally, Morgan Stanley upped their price objective on SS&C Technologies from $88.00 to $92.00 and gave the company an “equal weight” rating in a report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $101.75.

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.