PFA Pension Forsikringsaktieselskab Buys New Holdings in Broadridge Financial Solutions, Inc. $BR

PFA Pension Forsikringsaktieselskab bought a new stake in Broadridge Financial Solutions, Inc. (NYSE:BR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,016 shares of the business services provider’s stock, valued at approximately $1,806,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Broadridge Financial Solutions by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 15,296,040 shares of the business services provider’s stock valued at $3,643,058,000 after purchasing an additional 264,620 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of Broadridge Financial Solutions by 692.3% in the 3rd quarter. Alliancebernstein L.P. now owns 3,690,705 shares of the business services provider’s stock worth $879,015,000 after buying an additional 3,224,891 shares during the last quarter. Barclays PLC raised its holdings in shares of 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 worth $469,862,000 after purchasing an additional 14,631 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Broadridge Financial Solutions by 8.6% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,901,022 shares of the business services provider’s stock worth $452,766,000 after purchasing an additional 149,756 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of Broadridge Financial Solutions by 6.6% in the 3rd quarter. Northern Trust Corp now owns 1,711,824 shares of the business services provider’s stock worth $407,705,000 after purchasing an additional 105,696 shares during the period. Institutional investors and hedge funds own 90.03% of the company’s stock.

Broadridge Financial Solutions Price Performance

Shares of NYSE BR opened at $153.79 on Tuesday. The company has a 50 day simple moving average of $169.22 and a two-hundred day simple moving average of $200.03. Broadridge Financial Solutions, Inc. has a fifty-two week low of $149.05 and a fifty-two week high of $271.91. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.94 and a current ratio of 0.94. The company has a market capitalization of $17.95 billion, a price-to-earnings ratio of 16.47 and a beta of 0.89.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.09. The business had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.90 billion. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The company’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the company posted $2.44 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. Analysts expect that Broadridge Financial Solutions, Inc. will post 9.52 EPS for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Monday, March 16th were paid a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Monday, March 16th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is currently 43.19%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on BR shares. Raymond James Financial reissued an “outperform” rating and set a $257.00 target price on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. UBS Group decreased their price target on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a report on Monday. JPMorgan Chase & Co. cut their target price on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a research report on Wednesday, February 4th. Weiss Ratings lowered shares of Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. Finally, DA Davidson restated a “buy” rating and set a $228.00 price target on shares of Broadridge Financial Solutions in a research report on Wednesday, April 22nd. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $223.57.

Insider Buying and Selling at Broadridge Financial Solutions

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