Vestmark Advisory Solutions Inc. Sells 5,446 Shares of Broadridge Financial Solutions, Inc. $BR

Vestmark Advisory Solutions Inc. trimmed its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 57.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 4,084 shares of the business services provider’s stock after selling 5,446 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Broadridge Financial Solutions were worth $973,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. CX Institutional raised its position in shares of Broadridge Financial Solutions by 2.8% during the 3rd quarter. CX Institutional now owns 1,633 shares of the business services provider’s stock valued at $389,000 after purchasing an additional 44 shares during the period. Signaturefd LLC raised its holdings in Broadridge Financial Solutions by 2.2% during the third quarter. Signaturefd LLC now owns 2,090 shares of the business services provider’s stock valued at $498,000 after acquiring an additional 45 shares during the period. Strategic Blueprint LLC raised its holdings in Broadridge Financial Solutions by 5.6% during the third quarter. Strategic Blueprint LLC now owns 880 shares of the business services provider’s stock valued at $210,000 after acquiring an additional 47 shares during the period. PAX Financial Group LLC lifted its position in shares of Broadridge Financial Solutions by 5.6% in the second quarter. PAX Financial Group LLC now owns 926 shares of the business services provider’s stock valued at $225,000 after acquiring an additional 49 shares in the last quarter. Finally, TD Waterhouse Canada Inc. boosted its stake in shares of Broadridge Financial Solutions by 3.6% in the second quarter. TD Waterhouse Canada Inc. now owns 1,457 shares of the business services provider’s stock worth $357,000 after acquiring an additional 50 shares during the period. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Broadridge Financial Solutions Stock Down 0.3%

NYSE BR opened at $177.32 on Thursday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.93. Broadridge Financial Solutions, Inc. has a 52 week low of $163.71 and a 52 week high of $271.91. The firm has a market capitalization of $20.70 billion, a price-to-earnings ratio of 19.64 and a beta of 0.97. The company has a fifty day moving average of $204.31 and a two-hundred day moving average of $225.93.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings results on Tuesday, February 3rd. The business services provider reported $1.59 EPS for the quarter, beating the consensus estimate of $1.34 by $0.25. The company had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.61 billion. Broadridge Financial Solutions had a net margin of 14.86% and a return on equity of 40.70%. The firm’s revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.56 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. On average, analysts predict that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on BR shares. Wall Street Zen cut Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. JPMorgan Chase & Co. lowered their target price on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating on the stock in a report on Wednesday, February 4th. Raymond James Financial reaffirmed an “outperform” rating and set a $257.00 target price on shares of Broadridge Financial Solutions in a research note on Tuesday, February 3rd. Morgan Stanley cut their price objective on Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. Finally, Needham & Company LLC cut their price target on Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $247.71.

Insiders Place Their Bets

In other news, Director Robert N. Duelks sold 253 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $192.60, for a total value of $48,727.80. Following the transaction, the director directly owned 20,815 shares in the company, valued at approximately $4,008,969. This represents a 1.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Thomas P. Carey sold 10,214 shares of Broadridge Financial Solutions stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $229.26, for a total transaction of $2,341,661.64. Following the sale, the vice president owned 6,026 shares of the company’s stock, valued at $1,381,520.76. The trade was a 62.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is owned by insiders.

Broadridge Financial Solutions Profile

Broadridge Financial Solutions is a global fintech company that provides technology-driven solutions and outsourcing services to the financial services industry. The firm’s core offerings center on investor communications, securities processing and post-trade services, and technology platforms that support capital markets and wealth management operations. Broadridge positions itself as a provider of mission-critical infrastructure that helps financial institutions manage regulatory requirements, investor engagement and operational complexity.

Products and services include proxy and shareholder communications, investor disclosure and digital communications, proxy voting and tabulation, clearing and settlement support, trade processing and reconciliation, and a range of software-as-a-service platforms for wealth and asset managers.