Broadridge Financial Solutions (NYSE:BR) Getting Somewhat Positive Press Coverage, Accern Reports

Media coverage about Broadridge Financial Solutions (NYSE:BR) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Broadridge Financial Solutions earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 46.392395399449 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news stories that may have impacted Accern’s scoring:

Shares of NYSE:BR opened at $109.69 on Friday. Broadridge Financial Solutions has a 1 year low of $66.49 and a 1 year high of $110.05. The company has a market cap of $12,498.33, a price-to-earnings ratio of 34.93, a price-to-earnings-growth ratio of 2.65 and a beta of 0.95. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 1.14.

Broadridge Financial Solutions (NYSE:BR) last announced its earnings results on Thursday, February 8th. The business services provider reported $0.79 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.21. Broadridge Financial Solutions had a return on equity of 44.02% and a net margin of 8.74%. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $945.80 million. During the same quarter in the previous year, the business earned $0.39 earnings per share. The company’s revenue for the quarter was up 13.4% compared to the same quarter last year. analysts anticipate that Broadridge Financial Solutions will post 4.04 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 3rd. Shareholders of record on Thursday, March 15th will be given a dividend of $0.365 per share. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $1.46 annualized dividend and a dividend yield of 1.33%. Broadridge Financial Solutions’s dividend payout ratio (DPR) is presently 46.50%.

Several research firms recently commented on BR. Zacks Investment Research lowered Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Tuesday, January 9th. Barclays reiterated a “hold” rating and issued a $95.00 price target on shares of Broadridge Financial Solutions in a research report on Friday, December 8th. Raymond James Financial reiterated a “hold” rating on shares of Broadridge Financial Solutions in a research report on Monday, December 4th. Sandler O’Neill reiterated a “hold” rating and issued a $101.00 price target on shares of Broadridge Financial Solutions in a research report on Thursday, February 15th. Finally, ValuEngine lowered Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Broadridge Financial Solutions has an average rating of “Hold” and an average target price of $100.25.

In related news, insider Douglas Richard Deschutter sold 56,539 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $92.60, for a total value of $5,235,511.40. Following the completion of the sale, the insider now owns 98,427 shares in the company, valued at $9,114,340.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Adam D. Amsterdam sold 19,600 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $99.36, for a total value of $1,947,456.00. The disclosure for this sale can be found here. Insiders have sold 137,743 shares of company stock valued at $13,191,608 in the last 90 days. Company insiders own 2.60% of the company’s stock.

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About Broadridge Financial Solutions

Broadridge Financial Solutions, Inc (Broadridge) is a provider of investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporate issuers. The Company’s segments include Investor Communication Solutions, and Global Technology and Operations. The Company offers Bank/Broker-Dealer Investor Communication Solutions, Customer Communication Solutions, Corporate Issuer Solutions, Advisor Solutions and Mutual Fund and Retirement Solutions through Investor Communication Solutions segment.

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

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