Legal & General Group Plc Has $105.40 Million Holdings in SS&C Technologies Holdings, Inc. $SSNC

Legal & General Group Plc lessened its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 4.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,205,646 shares of the technology company’s stock after selling 53,043 shares during the period. Legal & General Group Plc’s holdings in SS&C Technologies were worth $105,398,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. grew its position in shares of SS&C Technologies by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 20,532,012 shares of the technology company’s stock worth $1,794,908,000 after purchasing an additional 74,170 shares in the last quarter. Pzena Investment Management LLC grew its position in shares of SS&C Technologies by 1.4% during the 4th quarter. Pzena Investment Management LLC now owns 10,313,582 shares of the technology company’s stock worth $901,613,000 after purchasing an additional 137,691 shares in the last quarter. State Street Corp lifted its holdings in shares of SS&C Technologies by 2.0% during the 3rd quarter. State Street Corp now owns 5,938,535 shares of the technology company’s stock worth $527,104,000 after acquiring an additional 117,983 shares during the period. Swedbank AB lifted its holdings in shares of SS&C Technologies by 0.9% during the 4th quarter. Swedbank AB now owns 3,744,599 shares of the technology company’s stock worth $327,353,000 after acquiring an additional 34,266 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of SS&C Technologies by 1.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,979,431 shares of the technology company’s stock worth $264,435,000 after acquiring an additional 50,757 shares during the period. Institutional investors and hedge funds own 96.90% of the company’s stock.

Wall Street Analysts Forecast Growth

SSNC has been the subject of a number of recent analyst reports. DA Davidson reaffirmed a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a report on Monday, April 27th. Jefferies Financial Group cut their price target on shares of SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. 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 downgraded shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Finally, UBS Group upped their price target on shares of SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, April 24th. 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 company’s stock. According to MarketBeat.com, SS&C Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.13.

Insider Activity at SS&C Technologies

In related news, Director Michael Jay Zamkow sold 3,000 shares of the 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 completion of the transaction, the director owned 18,404 shares of the company’s stock, valued at $1,227,178.72. This represents a 14.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Jonathan E. Michael sold 2,740 shares of the 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 directly owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. The trade was a 3.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 8,740 shares of company stock valued at $583,576. 16.00% of the stock is owned by insiders.

SS&C Technologies Price Performance

Shares of NASDAQ:SSNC opened at $66.11 on Friday. The company has a market cap of $15.92 billion, a price-to-earnings ratio of 20.47 and a beta of 1.12. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10. The firm has a 50 day simple moving average of $68.46 and a 200 day simple moving average of $77.09. SS&C Technologies Holdings, Inc. has a one year low of $64.51 and a one year high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.65 by $0.04. The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.63 billion. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The firm’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Research analysts predict that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current fiscal year.

SS&C Technologies Announces Dividend

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

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.