5,482 Shares in Broadridge Financial Solutions, Inc. $BR Bought by Arwa LLC

Arwa LLC acquired a new position in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) in the 4th quarter, Holdings Channel.com reports. The fund acquired 5,482 shares of the business services provider’s stock, valued at approximately $1,223,000.

A number of other hedge funds have also bought and sold shares of the company. Barclays PLC grew its stake in Broadridge Financial Solutions by 0.7% in the 3rd quarter. Barclays PLC now owns 1,972,799 shares of the business services provider’s stock worth $469,862,000 after acquiring an additional 14,631 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Broadridge Financial Solutions by 46.8% in the third quarter. JPMorgan Chase & Co. now owns 918,700 shares of the business services provider’s stock worth $218,807,000 after purchasing an additional 292,801 shares in the last quarter. Nordea Investment Management AB increased its holdings in Broadridge Financial Solutions by 27.3% during the 4th quarter. Nordea Investment Management AB now owns 290,717 shares of the business services provider’s stock worth $65,260,000 after purchasing an additional 62,273 shares during the period. ICICI Prudential Asset Management Co Ltd purchased a new position in Broadridge Financial Solutions during the 3rd quarter worth $3,203,000. Finally, SG Americas Securities LLC raised its position in Broadridge Financial Solutions by 467.2% during the 4th quarter. SG Americas Securities LLC now owns 201,791 shares of the business services provider’s stock valued at $45,034,000 after purchasing an additional 166,212 shares in the last quarter. Institutional investors own 90.03% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on BR. DA Davidson lowered their target price on Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating for the company in a report on Tuesday, May 5th. Royal Bank Of Canada cut their price target on 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. UBS Group lowered their price objective on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Weiss Ratings cut shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Finally, Needham & Company LLC cut their target price on shares of Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $221.57.

Insider Transactions at Broadridge Financial Solutions

In related news, insider Hope M. Jarkowski sold 1,966 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $155.00, for a total transaction of $304,730.00. Following the transaction, the insider directly owned 1 shares of the company’s stock, valued at $155. This represents a 99.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 1.10% of the stock is owned by corporate insiders.

Broadridge Financial Solutions Stock Down 0.2%

Shares of Broadridge Financial Solutions stock opened at $137.34 on Friday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97. The company has a market cap of $15.89 billion, a P/E ratio of 14.70 and a beta of 0.88. The firm’s 50 day moving average price is $151.55 and its 200-day moving average price is $181.73. Broadridge Financial Solutions, Inc. has a 52-week low of $135.98 and a 52-week high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last announced its earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share 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 company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.90 billion. During the same period last year, the firm earned $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. On average, sell-side analysts predict that Broadridge Financial Solutions, Inc. will post 9.55 EPS for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 12th will be paid a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a yield of 2.8%. The ex-dividend date is Friday, June 12th. Broadridge Financial Solutions’s payout ratio is 41.76%.

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.