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Broadridge Financial Solutions (NYSE:BR) VP Maryjo Charbonnier sold 16,900 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $40.71, for a total value of $687,999.00. Following the completion of the sale, the vice president now directly owns 22,134 shares of the company’s stock, valued at approximately $901,075. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Broadridge Financial Solutions (NYSE:BR) traded up 0.17% on Friday, hitting $40.82. The stock had a trading volume of 856,346 shares. Broadridge Financial Solutions has a one year low of $29.22 and a one year high of $42.32. The stock’s 50-day moving average is $40.89 and its 200-day moving average is $38.92. The company has a market cap of $4.879 billion and a price-to-earnings ratio of 19.22.

Broadridge Financial Solutions (NYSE:BR) last released its earnings data on Thursday, August 7th. The company reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.01. The company had revenue of $885.90 million for the quarter, compared to the consensus estimate of $878.70 million. During the same quarter in the previous year, the company posted $1.15 earnings per share. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. On average, analysts predict that Broadridge Financial Solutions will post $2.48 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 1st. Stockholders of record on Monday, September 15th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date of this dividend is Thursday, September 11th. This is a boost from Broadridge Financial Solutions’s previous quarterly dividend of $0.21.

A number of research firms have recently commented on BR. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Broadridge Financial Solutions in a research note on Wednesday. They now have a $45.00 price target on the stock, up previously from $41.00. Analysts at Raymond James initiated coverage on shares of Broadridge Financial Solutions in a research note on Wednesday, July 23rd. They set an “outperform” rating and a $46.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $42.00.

Broadridge Financial Solutions, Inc (NYSE:BR) is a global provider of investor communications and technology-driven solutions to banks/broker-dealers, mutual funds and corporate issuers.

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