SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Reinhart Partners LLC.

Reinhart Partners LLC. lowered its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 27.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 93,593 shares of the technology company’s stock after selling 35,239 shares during the period. Reinhart Partners LLC.’s holdings in SS&C Technologies were worth $8,182,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new stake in SS&C Technologies during the 4th quarter worth $37,000. Cornerstone Planning Group LLC boosted its stake in SS&C Technologies by 1,890.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock worth $39,000 after purchasing an additional 416 shares during the period. Osterweis Capital Management Inc. acquired a new stake in SS&C Technologies during the 2nd quarter worth $40,000. Fifth Third Bancorp boosted its stake in SS&C Technologies by 216.4% during the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after purchasing an additional 329 shares during the period. Finally, Private Trust Co. NA raised its position in SS&C Technologies by 36.0% during the 4th quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after buying an additional 133 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

Insider Activity at SS&C Technologies

In related news, Director Michael Jay Zamkow sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $66.68, for a total value of $200,040.00. Following the transaction, the director owned 18,404 shares in the company, valued at approximately $1,227,178.72. This trade represents a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jonathan E. Michael sold 2,740 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total transaction of $183,196.40. Following the completion of the transaction, the director owned 79,384 shares in the company, valued at $5,307,614.24. The trade was a 3.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 8,740 shares of company stock worth $583,576 over the last three months. Corporate insiders own 16.00% of the company’s stock.

SS&C Technologies Price Performance

SS&C Technologies stock opened at $68.22 on Wednesday. The firm’s 50-day moving average is $68.32 and its two-hundred day moving average is $76.85. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10. SS&C Technologies Holdings, Inc. has a 12-month low of $64.51 and a 12-month high of $91.07. The stock has a market capitalization of $16.43 billion, a P/E ratio of 21.12 and a beta of 1.09.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last released its earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.04. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same period last year, the company earned $1.44 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Equities analysts predict that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current year.

SS&C Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a $0.27 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.08 annualized dividend and a dividend yield of 1.6%. SS&C Technologies’s dividend payout ratio (DPR) is currently 33.44%.

Analysts Set New Price Targets

A number of equities analysts have commented on SSNC shares. UBS Group upped their price objective on shares of SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Weiss Ratings downgraded shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Needham & Company LLC cut their price target on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, April 24th. DA Davidson reiterated a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a report on Monday, April 27th. Finally, Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, SS&C Technologies currently has an average rating of “Moderate Buy” and an average target price of $96.13.

View Our Latest Stock Analysis on SSNC

About SS&C Technologies

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding SSNC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report).

Institutional Ownership by Quarter for SS&C Technologies (NASDAQ:SSNC)

Receive News & Ratings for SS&C Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SS&C Technologies and related companies with MarketBeat.com's FREE daily email newsletter.