Korea Investment CORP Has $16.91 Million Stock Position in Broadridge Financial Solutions, Inc. $BR

Korea Investment CORP lowered its stake in Broadridge Financial Solutions, Inc. (NYSE:BR) by 35.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 71,015 shares of the business services provider’s stock after selling 38,375 shares during the quarter. Korea Investment CORP owned about 0.06% of Broadridge Financial Solutions worth $16,914,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC lifted its stake in Broadridge Financial Solutions by 0.7% in the 3rd quarter. Barclays PLC now owns 1,972,799 shares of the business services provider’s stock valued at $469,862,000 after acquiring an additional 14,631 shares in the last quarter. New York State Common Retirement Fund grew its stake in shares of Broadridge Financial Solutions by 14.6% during the 3rd quarter. New York State Common Retirement Fund now owns 94,567 shares of the business services provider’s stock worth $22,523,000 after acquiring an additional 12,024 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Broadridge Financial Solutions by 46.8% in the third quarter. JPMorgan Chase & Co. now owns 918,700 shares of the business services provider’s stock valued at $218,807,000 after purchasing an additional 292,801 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Broadridge Financial Solutions by 37.1% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,769 shares of the business services provider’s stock valued at $4,708,000 after purchasing an additional 5,346 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd lifted its position in shares of Broadridge Financial Solutions by 637.5% in the third quarter. Y Intercept Hong Kong Ltd now owns 50,317 shares of the business services provider’s stock worth $11,984,000 after purchasing an additional 43,494 shares in the last quarter. Institutional investors and hedge funds own 90.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BR. Needham & Company LLC reduced their target price on shares of Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. UBS Group lowered their price target on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a research note on Thursday, November 13th. JPMorgan Chase & Co. cut their price target on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. Wall Street Zen cut Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Finally, Weiss Ratings downgraded Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $247.71.

More Broadridge Financial Solutions News

Here are the key news stories impacting Broadridge Financial Solutions this week:

• Positive Sentiment: CEO Timothy Gokey bought 5,300 shares (~$1.03M at ~$194.49), increasing his stake to ~142,876 shares — a strong insider signal of conviction from top management. Broadridge CEO Gokey buys $1m+ in company stock
• Positive Sentiment: Broadridge expanded NYFIX order-routing by integrating Crypto.com (first crypto trading connection in Asia) — a revenue/market access positive that leverages Broadridge’s FIX network and supports growth in crypto institutional flow. Broadridge and Crypto.com Connect to Enable Crypto Order Routing for Brokers Globally via NYFIX
• Neutral Sentiment: Management presented at the Wolfe Research FinTech Forum (transcript available) — useful for incremental detail on strategy, product pipeline and margin outlook but not a catalyst by itself. Wolfe Research FinTech Forum Transcript
• Neutral Sentiment: Board declared quarterly dividend of $0.975/share (record Mar 16, pay Apr 8) — supports income-oriented holders but is a routine distribution (annualized yield ~2.0–2.1%).
• Negative Sentiment: Short interest rose significantly in February (up ~23% vs. Feb 12 to ~3.30M shares; ~2.9% of float; ~2.5 days to cover). That increase in bearish bets likely amplified selling pressure and contributed to today’s price decline.

Broadridge Financial Solutions Price Performance

NYSE:BR opened at $186.71 on Wednesday. Broadridge Financial Solutions, Inc. has a 1-year low of $163.71 and a 1-year high of $271.91. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.93. The firm has a fifty day simple moving average of $197.32 and a 200 day simple moving average of $221.05. The stock has a market capitalization of $21.80 billion, a PE ratio of 20.68 and a beta of 0.98.

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

Broadridge Financial Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Monday, March 16th will be paid a $0.975 dividend. This represents a $3.90 annualized dividend and a yield of 2.1%. The ex-dividend date is Monday, March 16th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is 43.19%.

Insider Buying and Selling

In other Broadridge Financial Solutions news, CEO Timothy C. Gokey bought 5,300 shares of Broadridge Financial Solutions stock in a transaction dated Friday, March 6th. The stock was bought at an average cost of $194.49 per share, for a total transaction of $1,030,797.00. Following the purchase, the chief executive officer owned 142,876 shares of the company’s stock, valued at $27,787,953.24. The trade was a 3.85% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert N. Duelks sold 253 shares of Broadridge Financial Solutions stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.60, for a total transaction of $48,727.80. Following the transaction, the director directly owned 20,815 shares of the company’s stock, valued at approximately $4,008,969. This trade represents a 1.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.10% of the company’s stock.

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.