Foster Victor Wealth Advisors LLC grew its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) by 8.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 295,413 shares of the technology company’s stock after purchasing an additional 21,950 shares during the period. SS&C Technologies comprises 1.5% of Foster Victor Wealth Advisors LLC’s portfolio, making the stock its 12th largest holding. Foster Victor Wealth Advisors LLC’s holdings in SS&C Technologies were worth $25,341,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Caldwell Trust Co acquired a new position in shares of SS&C Technologies in the 2nd quarter valued at about $27,000. V Square Quantitative Management LLC bought a new stake in shares of SS&C Technologies in the 4th quarter valued at approximately $37,000. Cornerstone Planning Group LLC grew its stake in shares of SS&C Technologies by 1,890.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock valued at $39,000 after buying an additional 416 shares in the last quarter. Quent Capital LLC bought a new stake in shares of SS&C Technologies in the 3rd quarter valued at approximately $39,000. Finally, Root Financial Partners LLC bought a new stake in shares of SS&C Technologies in the 3rd quarter valued at approximately $42,000. Institutional investors and hedge funds own 96.90% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on SSNC shares. DA Davidson reissued a “buy” rating and issued a $106.00 price target on shares of SS&C Technologies in a research note on Friday, February 6th. Raymond James Financial reissued a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Weiss Ratings cut SS&C Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, April 7th. Needham & Company LLC lowered their price target on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Finally, Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, SS&C Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $101.00.
SS&C Technologies Stock Up 1.2%
Shares of SS&C Technologies stock opened at $70.03 on Wednesday. The stock has a market capitalization of $16.86 billion, a P/E ratio of 22.16 and a beta of 1.19. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.07. The stock has a 50 day moving average price of $71.53 and a two-hundred day moving average price of $80.50. SS&C Technologies Holdings, Inc. has a 12-month low of $65.05 and a 12-month high of $91.07.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last announced its earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.07. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.62 billion. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The company’s revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.58 earnings per share. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. Equities analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.
SS&C Technologies Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a yield of 1.5%. SS&C Technologies’s dividend payout ratio is presently 34.18%.
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.
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