Lombard Odier Asset Management Europe Ltd Acquires Shares of 52,000 SS&C Technologies Holdings, Inc. $SSNC

Lombard Odier Asset Management Europe Ltd acquired a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 52,000 shares of the technology company’s stock, valued at approximately $4,546,000.

A number of other hedge funds also recently bought and sold shares of the business. Punch & Associates Investment Management Inc. raised its holdings in SS&C Technologies by 1.0% in the 4th quarter. Punch & Associates Investment Management Inc. now owns 120,536 shares of the technology company’s stock valued at $10,537,000 after acquiring an additional 1,205 shares during the last quarter. Crawford Investment Counsel Inc. increased its holdings in shares of SS&C Technologies by 2.4% during the 4th quarter. Crawford Investment Counsel Inc. now owns 228,333 shares of the technology company’s stock worth $19,961,000 after buying an additional 5,408 shares during the last quarter. State of Wisconsin Investment Board increased its holdings in shares of SS&C Technologies by 1.8% during the 4th quarter. State of Wisconsin Investment Board now owns 155,869 shares of the technology company’s stock worth $13,626,000 after buying an additional 2,693 shares during the last quarter. &PARTNERS increased its holdings in shares of SS&C Technologies by 21.9% during the 4th quarter. &PARTNERS now owns 37,294 shares of the technology company’s stock worth $3,261,000 after buying an additional 6,704 shares during the last quarter. Finally, ExodusPoint Capital Management LP acquired a new stake in shares of SS&C Technologies during the 4th quarter worth approximately $5,220,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

Insider Buying and Selling at SS&C Technologies

In related news, Director Jonathan E. Michael sold 2,740 shares of SS&C Technologies stock in a transaction 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 sale, the director directly owned 79,384 shares in the company, valued at $5,307,614.24. This trade represents a 3.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total transaction of $200,040.00. Following the sale, the director owned 18,404 shares in the company, valued at $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 8,740 shares of company stock valued at $583,576. Corporate insiders own 16.00% of the company’s stock.

SS&C Technologies Price Performance

SS&C Technologies stock opened at $68.18 on Wednesday. The stock has a market cap of $16.42 billion, a P/E ratio of 21.11 and a beta of 1.09. The company has a fifty day simple moving average of $68.38 and a 200-day simple moving average of $75.66. SS&C Technologies Holdings, Inc. has a 12-month low of $64.51 and a 12-month high of $91.07. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.06.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last released its quarterly earnings data 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. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.63 billion. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Equities analysts expect that SS&C Technologies Holdings, Inc. will post 6.19 EPS for the current fiscal year.

SS&C Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, June 1st. SS&C Technologies’s payout ratio is 33.44%.

Analyst Ratings Changes

A number of analysts have recently issued reports on SSNC shares. 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. Weiss Ratings cut shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. UBS Group increased 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. Jefferies Financial Group lowered their price objective on shares of SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Finally, Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $96.13.

View Our Latest Stock Report 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.

Further Reading

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

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