O Shaughnessy Asset Management LLC Trims Holdings in Broadridge Financial Solutions, Inc. $BR

O Shaughnessy Asset Management LLC trimmed its stake in Broadridge Financial Solutions, Inc. (NYSE:BR) by 7.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 41,776 shares of the business services provider’s stock after selling 3,586 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Broadridge Financial Solutions were worth $9,323,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in BR. Alliancebernstein L.P. increased its stake in Broadridge Financial Solutions by 692.3% during 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 period. Norges Bank purchased a new stake in Broadridge Financial Solutions during the 4th quarter worth approximately $346,304,000. Van ECK Associates Corp increased its stake in Broadridge Financial Solutions by 3,228.4% during the 3rd quarter. Van ECK Associates Corp now owns 700,536 shares of the business services provider’s stock worth $166,846,000 after buying an additional 679,489 shares during the period. Pinebridge Investments LLC purchased a new stake in Broadridge Financial Solutions during the 4th quarter worth approximately $126,553,000. Finally, JPMorgan Chase & Co. increased its stake in Broadridge Financial Solutions by 52.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,403,997 shares of the business services provider’s stock worth $313,330,000 after buying an additional 485,297 shares during the period. 90.03% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Broadridge Financial Solutions news, insider Hope M. Jarkowski sold 1,966 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $155.00, for a total transaction of $304,730.00. Following the completion of the transaction, the insider owned 1 shares in the company, valued at $155. The trade was a 99.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.10% of the stock is owned by company insiders.

Broadridge Financial Solutions Trading Down 2.5%

NYSE BR opened at $146.36 on Thursday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97. Broadridge Financial Solutions, Inc. has a 52 week low of $139.79 and a 52 week high of $271.91. The stock has a market capitalization of $16.93 billion, a PE ratio of 15.67 and a beta of 0.88. The firm has a 50 day moving average of $154.27 and a two-hundred day moving average of $185.66.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings results on Thursday, April 30th. The business services provider reported $2.72 EPS for the quarter, topping the consensus estimate of $2.63 by $0.09. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The company had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.90 billion. During the same quarter in the previous year, the business posted $2.44 EPS. The firm’s revenue was up 7.8% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. As a group, research analysts expect that Broadridge Financial Solutions, Inc. will post 9.55 EPS for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th will be issued a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, June 12th. Broadridge Financial Solutions’s payout ratio is 41.76%.

Wall Street Analyst Weigh In

BR has been the topic of several recent research reports. Royal Bank Of Canada cut their target price on shares of Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. Needham & Company LLC cut their target price on shares of Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. UBS Group cut their target price on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. DA Davidson cut their target price on shares of Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating on the stock in a research note on Tuesday, May 5th. Finally, Weiss Ratings downgraded shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $221.57.

About Broadridge Financial Solutions

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.