Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in shares of Broadridge Financial Solutions, Inc. (NYSE:BR – Free Report) by 3.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 102,246 shares of the business services provider’s stock after selling 3,449 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Broadridge Financial Solutions were worth $24,352,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in BR. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Broadridge Financial Solutions by 37.1% in the 3rd 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 buying an additional 5,346 shares in the last quarter. Shell Asset Management Co. boosted its holdings in shares of Broadridge Financial Solutions by 87.9% in the second quarter. Shell Asset Management Co. now owns 30,069 shares of the business services provider’s stock valued at $7,308,000 after acquiring an additional 14,067 shares in the last quarter. Addenda Capital Inc. increased its stake in shares of Broadridge Financial Solutions by 28.6% during the third quarter. Addenda Capital Inc. now owns 67,152 shares of the business services provider’s stock valued at $16,049,000 after acquiring an additional 14,942 shares during the period. Nordea Investment Management AB increased its stake in shares of Broadridge Financial Solutions by 40.8% during the second quarter. Nordea Investment Management AB now owns 220,314 shares of the business services provider’s stock valued at $52,900,000 after acquiring an additional 63,798 shares during the period. Finally, Parkside Financial Bank & Trust raised its holdings in Broadridge Financial Solutions by 62.5% during the second quarter. Parkside Financial Bank & Trust now owns 689 shares of the business services provider’s stock worth $167,000 after purchasing an additional 265 shares in the last quarter. 90.03% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on BR. DA Davidson reaffirmed a “neutral” rating and set a $240.00 price target 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. Wall Street Zen raised Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Morgan Stanley lowered their target price on Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 5th. Finally, UBS Group cut their price target on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating for the company in a report on Thursday, November 13th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $259.83.
Broadridge Financial Solutions Stock Performance
BR opened at $209.68 on Friday. 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 cap of $24.48 billion, a PE ratio of 26.85 and a beta of 0.99. The business has a fifty day simple moving average of $224.79 and a 200-day simple moving average of $236.27. Broadridge Financial Solutions, Inc. has a fifty-two week low of $204.93 and a fifty-two week high of $271.91.
Broadridge Financial Solutions (NYSE:BR – Get Free Report) last announced its earnings results on Tuesday, November 4th. The business services provider reported $1.51 EPS for the quarter, beating the consensus estimate of $1.19 by $0.32. Broadridge Financial Solutions had a return on equity of 43.28% and a net margin of 13.11%.The business had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.54 billion. Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. As a group, equities analysts predict that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current fiscal year.
Broadridge Financial Solutions Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, January 5th. Shareholders of record on Friday, December 12th were paid a dividend of $0.975 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $3.90 dividend on an annualized basis and a yield of 1.9%. Broadridge Financial Solutions’s dividend payout ratio is currently 49.94%.
Insider Activity
In other news, VP Thomas P. Carey sold 10,214 shares of Broadridge Financial Solutions stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $229.26, for a total value of $2,341,661.64. Following the transaction, the vice president directly owned 6,026 shares of the company’s stock, valued at $1,381,520.76. This trade represents a 62.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, President Christopher John Perry sold 3,984 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $226.00, for a total transaction of $900,384.00. Following 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 disclosure for this sale is available in the SEC filing. Company 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.
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