Caxton Associates LLP Invests $3.67 Million in Broadridge Financial Solutions, Inc. $BR

Caxton Associates LLP bought a new stake in Broadridge Financial Solutions, Inc. (NYSE:BR) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 22,592 shares of the business services provider’s stock, valued at approximately $3,671,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Reflection Asset Management bought a new position in Broadridge Financial Solutions in the 4th quarter valued at $25,000. Nemes Rush Group LLC purchased a new stake in shares of Broadridge Financial Solutions during the 4th quarter valued at $27,000. Prosperity Bancshares Inc bought a new stake in shares of Broadridge Financial Solutions during the 4th quarter worth $28,000. WPG Advisers LLC raised its stake in shares of Broadridge Financial Solutions by 77.5% during the 4th quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock worth $32,000 after purchasing an additional 62 shares during the period. Finally, Evolution Wealth Management Inc. purchased a new position in shares of Broadridge Financial Solutions in the 1st quarter worth about $36,000. 90.03% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Royal Bank Of Canada restated an “outperform” rating and set a $200.00 price target on shares of Broadridge Financial Solutions in a research report on Monday, June 22nd. DA Davidson dropped 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. Weiss Ratings downgraded shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Needham & Company LLC decreased their price target on shares of Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Finally, UBS Group lowered 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, May 4th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Broadridge Financial Solutions has a consensus rating of “Moderate Buy” and an average price target of $221.57.

Broadridge Financial Solutions Price Performance

BR opened at $144.35 on Friday. The company has a market capitalization of $16.70 billion, a price-to-earnings ratio of 15.45 and a beta of 0.89. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97. The firm has a 50-day moving average price of $146.15 and a 200-day moving average price of $167.30. Broadridge Financial Solutions, Inc. has a twelve month low of $133.83 and a twelve month high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.09. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.44 earnings per share. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. Equities analysts expect that Broadridge Financial Solutions, Inc. will post 9.55 EPS for the current year.

Broadridge Financial Solutions Announces Dividend

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

Insider Activity

In other news, insider Hope M. Jarkowski sold 1,966 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $155.00, for a total value of $304,730.00. Following the completion of the transaction, the insider directly owned 1 shares of the company’s stock, valued at $155. This trade represents a 99.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.10% of the stock is currently owned by corporate insiders.

Broadridge Financial Solutions Company 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.