Lbp Am Sa Raises Holdings in Broadridge Financial Solutions, Inc. $BR

Lbp Am Sa lifted its position in shares of Broadridge Financial Solutions, Inc. (NYSE:BRFree Report) by 47.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 66,383 shares of the business services provider’s stock after acquiring an additional 21,427 shares during the quarter. Lbp Am Sa’s holdings in Broadridge Financial Solutions were worth $14,815,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First Horizon Corp purchased a new stake in Broadridge Financial Solutions during the third quarter valued at about $25,000. Guerra Advisors Inc purchased a new position in shares of Broadridge Financial Solutions in the third quarter worth about $29,000. Lodestone Wealth Management LLC purchased a new position in shares of Broadridge Financial Solutions in the fourth quarter worth about $39,000. ORG Partners LLC raised its position in shares of Broadridge Financial Solutions by 57.4% in the third quarter. ORG Partners LLC now owns 181 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 66 shares during the period. Finally, Bank of Jackson Hole Trust lifted its stake in shares of Broadridge Financial Solutions by 50.0% during the 3rd quarter. Bank of Jackson Hole Trust now owns 183 shares of the business services provider’s stock valued at $44,000 after buying an additional 61 shares in the last quarter. 90.03% of the stock is currently owned by institutional investors.

Broadridge Financial Solutions Stock Performance

NYSE:BR opened at $162.19 on Friday. The stock has a market cap of $18.94 billion, a P/E ratio of 17.96 and a beta of 1.01. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.93. The business’s 50-day moving average price is $172.46 and its two-hundred day moving average price is $205.83. Broadridge Financial Solutions, Inc. has a twelve month low of $150.10 and a twelve month high of $271.91.

Broadridge Financial Solutions (NYSE:BRGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The business services provider reported $1.59 EPS for the quarter, topping the consensus estimate of $1.34 by $0.25. The company had revenue of $1.71 billion during the quarter, compared to analyst estimates of $1.61 billion. Broadridge Financial Solutions had a return on equity of 40.70% and a net margin of 14.86%.Broadridge Financial Solutions’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.56 earnings per share. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Monday, March 16th were paid a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Monday, March 16th. Broadridge Financial Solutions’s payout ratio is currently 43.19%.

Insiders Place Their Bets

In related news, CEO Timothy C. Gokey acquired 5,300 shares of the stock in a transaction dated Friday, March 6th. The shares were purchased at an average price of $194.49 per share, for a total transaction of $1,030,797.00. Following the transaction, the chief executive officer owned 142,876 shares in the company, valued at $27,787,953.24. This represents a 3.85% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Robert N. Duelks sold 253 shares of Broadridge Financial Solutions stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.60, for a total transaction of $48,727.80. Following the sale, the director directly owned 20,815 shares of the company’s stock, valued at $4,008,969. This represents a 1.20% 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 corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on BR shares. Raymond James Financial reaffirmed an “outperform” rating and issued a $257.00 price objective on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. Wall Street Zen downgraded Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. JPMorgan Chase & Co. cut their price target on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. Needham & Company LLC reiterated a “buy” rating and issued a $255.00 price target on shares of Broadridge Financial Solutions in a research report on Monday, April 6th. Finally, Weiss Ratings lowered Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 6th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Broadridge Financial Solutions has an average rating of “Moderate Buy” and a consensus target price of $247.71.

Read Our Latest Report on BR

Broadridge Financial Solutions Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Broadridge Financial Solutions (NYSE:BR)

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