Y Intercept Hong Kong Ltd Acquires 43,494 Shares of Broadridge Financial Solutions, Inc. $BR

Y Intercept Hong Kong Ltd increased its stake in Broadridge Financial Solutions, Inc. (NYSE:BR) by 637.5% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 50,317 shares of the business services provider’s stock after buying an additional 43,494 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Broadridge Financial Solutions were worth $11,984,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC purchased a new stake in Broadridge Financial Solutions during the 4th quarter valued at about $580,000. Empowered Funds LLC grew its holdings in shares of Broadridge Financial Solutions by 41.5% during the first quarter. Empowered Funds LLC now owns 3,957 shares of the business services provider’s stock valued at $959,000 after buying an additional 1,160 shares during the last quarter. Woodline Partners LP increased its position in shares of Broadridge Financial Solutions by 6.9% during the first quarter. Woodline Partners LP now owns 9,886 shares of the business services provider’s stock valued at $2,397,000 after acquiring an additional 635 shares in the last quarter. Acadian Asset Management LLC raised its holdings in Broadridge Financial Solutions by 480.8% in the 1st quarter. Acadian Asset Management LLC now owns 2,544 shares of the business services provider’s stock worth $616,000 after acquiring an additional 2,106 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC raised its holdings in Broadridge Financial Solutions by 3.9% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 1,824 shares of the business services provider’s stock worth $443,000 after acquiring an additional 68 shares during the last quarter. 90.03% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. DA Davidson cut their target price on Broadridge Financial Solutions from $240.00 to $228.00 and set a “neutral” rating on the stock in a research note on Friday. Weiss Ratings reiterated 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 report on Saturday, November 8th. Morgan Stanley dropped their price target on shares of 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 reduced 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 research note on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $257.83.

Broadridge Financial Solutions Stock Performance

Shares of NYSE BR opened at $207.40 on Friday. Broadridge Financial Solutions, Inc. has a 12-month low of $204.61 and a 12-month high of $271.91. The firm has a market capitalization of $24.21 billion, a price-to-earnings ratio of 26.56 and a beta of 0.99. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. The firm has a 50 day moving average of $224.42 and a 200 day moving average of $236.04.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings results on Tuesday, November 4th. The business services provider reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.32. Broadridge Financial Solutions had a net margin of 13.11% and a return on equity of 43.28%. The business had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. On average, research analysts anticipate that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current year.

Broadridge Financial Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 5th. Shareholders of record on Friday, December 12th were given a $0.975 dividend. The ex-dividend date 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 presently 49.94%.

Insider Activity

In other news, President Christopher John Perry sold 3,984 shares of Broadridge Financial Solutions stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $226.00, for a total transaction of $900,384.00. Following the transaction, the president directly owned 44,829 shares of the company’s stock, valued at $10,131,354. The trade was a 8.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Thomas P. Carey sold 10,214 shares of the stock in a transaction that occurred 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 directly owned 6,026 shares of the company’s stock, valued at $1,381,520.76. This represents a 62.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is owned by company 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.