Broadridge Financial Solutions, Inc. $BR Shares Sold by Anchor Capital Advisors LLC

Anchor Capital Advisors LLC trimmed its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 2.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 167,630 shares of the business services provider’s stock after selling 4,143 shares during the quarter. Anchor Capital Advisors LLC’s holdings in Broadridge Financial Solutions were worth $39,924,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of BR. First Horizon Corp acquired a new stake in Broadridge Financial Solutions during the 3rd quarter worth approximately $25,000. NewSquare Capital LLC lifted its position in Broadridge Financial Solutions by 89.5% during the second quarter. NewSquare Capital LLC now owns 108 shares of the business services provider’s stock valued at $26,000 after buying an additional 51 shares in the last quarter. ORG Partners LLC grew its stake in Broadridge Financial Solutions by 360.0% during the second quarter. ORG Partners LLC now owns 115 shares of the business services provider’s stock worth $28,000 after buying an additional 90 shares during the period. Bank of Jackson Hole Trust grew its stake in Broadridge Financial Solutions by 110.3% during the second quarter. Bank of Jackson Hole Trust now owns 122 shares of the business services provider’s stock worth $30,000 after buying an additional 64 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of Broadridge Financial Solutions by 85.1% in the second quarter. Caitong International Asset Management Co. Ltd now owns 124 shares of the business services provider’s stock worth $30,000 after acquiring an additional 57 shares in the last quarter. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Insider Activity

In other Broadridge Financial Solutions news, VP Thomas P. Carey sold 10,214 shares of the company’s 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 sale, the vice president owned 6,026 shares in the company, valued at $1,381,520.76. This represents a 62.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, President Christopher John Perry sold 3,984 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $226.00, for a total value of $900,384.00. Following the transaction, the president directly owned 44,829 shares in the company, valued at approximately $10,131,354. This represents a 8.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on BR shares. Morgan Stanley reduced their target price 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. UBS Group cut their price objective on Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a research report on Thursday, November 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadridge Financial Solutions in a research report on Monday, December 29th. Wall Street Zen upgraded Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, DA Davidson reiterated a “neutral” rating and set a $240.00 target price on shares of Broadridge Financial Solutions in a report on Tuesday, October 28th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $259.83.

Broadridge Financial Solutions Stock Down 4.3%

BR stock opened at $209.15 on Wednesday. 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 simple moving average of $225.44 and a 200-day simple moving average of $236.66. The company has a market capitalization of $24.41 billion, a P/E ratio of 26.78 and a beta of 0.99. Broadridge Financial Solutions, Inc. has a twelve month low of $208.67 and a twelve month high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings results on Tuesday, November 4th. The business services provider reported $1.51 earnings per share (EPS) for the quarter, beating 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 firm 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, equities research analysts predict that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 5th. Stockholders of record on Friday, December 12th were given a dividend of $0.975 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $3.90 annualized dividend and a dividend yield of 1.9%. Broadridge Financial Solutions’s dividend payout ratio (DPR) is presently 49.94%.

Broadridge Financial Solutions 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.