Coppell Advisory Solutions LLC Grows Stock Position in SS&C Technologies Holdings, Inc. $SSNC

Coppell Advisory Solutions LLC increased its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 65.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 27,340 shares of the technology company’s stock after acquiring an additional 10,798 shares during the period. Coppell Advisory Solutions LLC’s holdings in SS&C Technologies were worth $2,238,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AlphaCore Capital LLC raised its position in SS&C Technologies by 3.4% in the second quarter. AlphaCore Capital LLC now owns 3,671 shares of the technology company’s stock valued at $304,000 after purchasing an additional 120 shares during the period. IFM Investors Pty Ltd raised its holdings in SS&C Technologies by 0.3% in the 2nd quarter. IFM Investors Pty Ltd now owns 43,256 shares of the technology company’s stock valued at $3,582,000 after buying an additional 130 shares during the period. AXA S.A. lifted its position in SS&C Technologies by 1.4% in the second quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock valued at $776,000 after buying an additional 130 shares during the last quarter. Penserra Capital Management LLC lifted its position in SS&C Technologies by 12.7% in the second quarter. Penserra Capital Management LLC now owns 1,164 shares of the technology company’s stock valued at $96,000 after buying an additional 131 shares during the last quarter. Finally, M&T Bank Corp boosted its stake in SS&C Technologies by 2.1% during the second quarter. M&T Bank Corp now owns 6,632 shares of the technology company’s stock worth $549,000 after buying an additional 138 shares during the period. Institutional investors and hedge funds own 96.90% of the company’s stock.

Insider Transactions at SS&C Technologies

In other SS&C Technologies news, Director Normand A. Boulanger sold 150,000 shares of the business’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 transaction of $12,877,500.00. Following the completion of the transaction, the director owned 386,924 shares in the company, valued at $33,217,425.40. The trade was a 27.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 16.40% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Jefferies Financial Group upped their price objective on shares of SS&C Technologies from $98.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Needham & Company LLC boosted their target price on SS&C Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, October 24th. DA Davidson set a $102.00 price target on SS&C Technologies in a research report on Friday, October 24th. Raymond James Financial lifted their price objective on SS&C Technologies from $101.00 to $105.00 and gave the company a “strong-buy” rating in a research note on Friday, October 24th. Finally, UBS Group boosted their price objective on SS&C Technologies from $110.00 to $112.00 and gave the company a “buy” rating in a report on Friday, October 24th. One 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 data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $101.75.

Check Out Our Latest Research Report on SS&C Technologies

SS&C Technologies Stock Performance

Shares of SSNC stock opened at $86.98 on Friday. The firm has a 50 day moving average of $84.45 and a two-hundred day moving average of $84.84. The stock has a market capitalization of $21.23 billion, a PE ratio of 25.81 and a beta of 1.20. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.94. SS&C Technologies Holdings, Inc. has a 52 week low of $69.61 and a 52 week high of $91.07.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last announced its quarterly earnings data on Thursday, October 23rd. The technology company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.10. The business 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 19.80% and a net margin of 13.86%.The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the firm earned $1.29 earnings per share. 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. On average, research analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be paid a $0.27 dividend. The ex-dividend date is Monday, December 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.2%. SS&C Technologies’s payout ratio is currently 32.05%.

About SS&C Technologies

(Free Report)

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.

See Also

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.