Hope Jarkowski Sells 1,966 Shares of Broadridge Financial Solutions (NYSE:BR) Stock

Broadridge Financial Solutions, Inc. (NYSE:BRGet Free Report) insider Hope Jarkowski sold 1,966 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $155.00, for a total transaction of $304,730.00. Following the completion of the transaction, the insider owned 1 shares in the company, valued at $155. This trade represents a 99.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Broadridge Financial Solutions Trading Down 1.7%

BR stock opened at $151.49 on Friday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.94 and a current ratio of 0.94. The company’s 50-day simple moving average is $154.98 and its 200 day simple moving average is $187.56. Broadridge Financial Solutions, Inc. has a 52 week low of $139.79 and a 52 week high of $271.91. The company has a market capitalization of $17.52 billion, a PE ratio of 16.22 and a beta of 0.88.

Broadridge Financial Solutions (NYSE:BRGet Free Report) last released its quarterly earnings results on Thursday, April 30th. The business services provider reported $2.72 EPS for the quarter, beating the consensus estimate of $2.63 by $0.09. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same period in the prior year, the company posted $2.44 earnings per share. Broadridge Financial Solutions’s revenue was up 7.8% compared to the same quarter last year. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. As a group, sell-side analysts anticipate that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current year.

Broadridge Financial Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 12th will be paid a $0.975 dividend. The ex-dividend date is Friday, June 12th. This represents a $3.90 annualized dividend and a dividend yield of 2.6%. Broadridge Financial Solutions’s dividend payout ratio is 41.76%.

Institutional Investors Weigh In On Broadridge Financial Solutions

A number of hedge funds have recently made changes to their positions in BR. Reflection Asset Management acquired a new stake in shares of Broadridge Financial Solutions in the 4th quarter valued at approximately $25,000. Nemes Rush Group LLC acquired a new stake in shares of Broadridge Financial Solutions in the 4th quarter valued at approximately $27,000. Prosperity Bancshares Inc acquired a new stake in shares of Broadridge Financial Solutions in the 4th quarter valued at approximately $28,000. WPG Advisers LLC boosted its stake in shares of Broadridge Financial Solutions by 77.5% in the 4th quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 62 shares in the last quarter. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of Broadridge Financial Solutions in the 1st quarter valued at approximately $36,000. 90.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. UBS Group reduced their price objective on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. DA Davidson reduced their price objective 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 note on Monday, May 11th. Royal Bank Of Canada reduced their price objective on shares of Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. Finally, Needham & Company LLC reduced their price objective on shares of Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $221.57.

View Our Latest Stock Analysis on BR

Broadridge Financial Solutions Company Profile

(Get 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.

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Insider Buying and Selling by Quarter for Broadridge Financial Solutions (NYSE:BR)

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