Broadridge Financial Solutions, Inc. $BR Shares Sold by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA trimmed its holdings in Broadridge Financial Solutions, Inc. (NYSE:BR) by 1.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 254,093 shares of the business services provider’s stock after selling 4,362 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA owned about 0.22% of Broadridge Financial Solutions worth $58,975,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. NewSquare Capital LLC boosted its stake in Broadridge Financial Solutions by 89.5% in the second quarter. NewSquare Capital LLC now owns 108 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 51 shares in the last quarter. ORG Partners LLC grew its stake in Broadridge Financial Solutions by 360.0% during the 2nd quarter. ORG Partners LLC now owns 115 shares of the business services provider’s stock worth $28,000 after buying an additional 90 shares during the last quarter. Bank of Jackson Hole Trust increased its position in Broadridge Financial Solutions by 110.3% during the second quarter. Bank of Jackson Hole Trust now owns 122 shares of the business services provider’s stock worth $30,000 after buying an additional 64 shares during the period. Caitong International Asset Management Co. Ltd increased its holdings in shares of Broadridge Financial Solutions by 85.1% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 124 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 57 shares during the period. Finally, REAP Financial Group LLC raised its position in Broadridge Financial Solutions by 59.1% in the 2nd quarter. REAP Financial Group LLC now owns 148 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 55 shares during the last quarter. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Broadridge Financial Solutions Stock Performance

Shares of BR opened at $223.21 on Monday. Broadridge Financial Solutions, Inc. has a 52-week low of $212.33 and a 52-week high of $271.91. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $26.05 billion, a PE ratio of 28.58 and a beta of 0.99. The firm has a 50-day moving average price of $225.76 and a 200 day moving average price of $237.77.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings results on Thursday, March 3rd. The business services provider reported $0.73 earnings per share for the quarter. Broadridge Financial Solutions had a net margin of 13.11% and a return on equity of 43.28%. The company had revenue of $1.05 billion during the quarter. Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. On average, sell-side analysts anticipate that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 5th. Shareholders of record on Friday, December 12th were given a $0.975 dividend. This represents a $3.90 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Friday, December 12th. Broadridge Financial Solutions’s dividend payout ratio is presently 49.94%.

Analyst Ratings Changes

A number of research analysts have commented on the stock. DA Davidson restated a “neutral” rating and issued a $240.00 price objective on shares of Broadridge Financial Solutions in a research note on Tuesday, October 28th. Weiss Ratings restated a “buy (b)” rating on shares of Broadridge Financial Solutions in a report on Monday, December 29th. Morgan Stanley decreased their target price on Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 5th. UBS Group cut their price objective on Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating for the company in a research report on Thursday, November 13th. Finally, Wall Street Zen raised Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $259.83.

Insider Buying and Selling

In related news, President Christopher John Perry sold 3,984 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $226.00, for a total transaction of $900,384.00. Following the completion of the sale, the president owned 44,829 shares in the company, valued at $10,131,354. This represents a 8.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Thomas P. Carey sold 10,214 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $229.26, for a total transaction of $2,341,661.64. Following the completion of the sale, the vice president owned 6,026 shares in the company, valued at $1,381,520.76. This represents a 62.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.10% of the company’s stock.

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.