Core Alternative Capital Decreases Holdings in Broadridge Financial Solutions, Inc. $BR

Core Alternative Capital reduced its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 13.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,882 shares of the business services provider’s stock after selling 3,197 shares during the period. Broadridge Financial Solutions makes up about 1.4% of Core Alternative Capital’s investment portfolio, making the stock its 29th biggest position. Core Alternative Capital’s holdings in Broadridge Financial Solutions were worth $4,973,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of BR. Bank of Jackson Hole Trust grew 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 purchasing an additional 61 shares during the period. Clark Financial Services Group Inc. BD boosted its holdings in shares of Broadridge Financial Solutions by 18.5% in the third quarter. Clark Financial Services Group Inc. BD now owns 1,403 shares of the business services provider’s stock worth $334,000 after buying an additional 219 shares during the last quarter. LBP AM SA grew its position in Broadridge Financial Solutions by 0.8% during the third quarter. LBP AM SA now owns 44,956 shares of the business services provider’s stock valued at $10,707,000 after buying an additional 362 shares during the period. CIBC Asset Management Inc increased its holdings in Broadridge Financial Solutions by 3.0% during the third quarter. CIBC Asset Management Inc now owns 66,539 shares of the business services provider’s stock valued at $15,848,000 after buying an additional 1,911 shares during the last quarter. Finally, Sagespring Wealth Partners LLC raised its position in Broadridge Financial Solutions by 37.6% in the third quarter. Sagespring Wealth Partners LLC now owns 1,736 shares of the business services provider’s stock worth $413,000 after acquiring an additional 474 shares during the period. Institutional investors own 90.03% of the company’s stock.

Wall Street Analyst Weigh In

BR has been the subject of several analyst reports. DA Davidson reduced their price objective on Broadridge Financial Solutions from $240.00 to $228.00 and set a “neutral” rating for the company in a research note on Friday, January 23rd. Morgan Stanley reduced their price target on Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. UBS Group lowered 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 reissued a “buy (b)” rating on shares of Broadridge Financial Solutions in a report on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Broadridge Financial Solutions has a consensus rating of “Hold” and an average target price of $257.83.

Broadridge Financial Solutions Trading Down 1.2%

BR stock opened at $206.32 on Wednesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.93 and a quick ratio of 0.93. Broadridge Financial Solutions, Inc. has a 1-year low of $204.61 and a 1-year high of $271.91. The business has a 50 day simple moving average of $223.73 and a two-hundred day simple moving average of $235.60. The company has a market capitalization of $24.08 billion, a price-to-earnings ratio of 26.42 and a beta of 0.99.

Broadridge Financial Solutions (NYSE:BR) last released its quarterly earnings data 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. Research analysts anticipate that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

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

Insider Transactions at Broadridge Financial Solutions

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 value of $900,384.00. Following the sale, the president directly owned 44,829 shares of the company’s stock, valued at approximately $10,131,354. The trade was a 8.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Thomas P. Carey sold 10,214 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $229.26, for a total value of $2,341,661.64. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.10% of the company’s stock.

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.