Broadridge Financial Solutions (NYSE:BR) Trading Down 3.8% After Insider Selling

Broadridge Financial Solutions, Inc. (NYSE:BR) shares traded down 3.8% on Friday following insider selling activity. The company traded as low as $186.05 and last traded at $186.1150. 386,793 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 986,241 shares. The stock had previously closed at $193.54.

Specifically, Director Robert N. Duelks sold 253 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.60, for a total value of $48,727.80. Following the sale, the director directly owned 20,815 shares in the company, valued at $4,008,969. This trade represents a 1.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. JPMorgan Chase & Co. lowered their price objective on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a research report on Wednesday. Wall Street Zen raised Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Morgan Stanley cut their price objective 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. Weiss Ratings restated a “buy (b)” rating on shares of Broadridge Financial Solutions in a research report on Monday, December 29th. Finally, DA Davidson raised shares of Broadridge Financial Solutions from a “neutral” rating to a “buy” rating and set a $228.00 target price on the stock in a research report on Wednesday. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $247.71.

Broadridge Financial Solutions Stock Performance

The stock has a market cap of $21.24 billion, a PE ratio of 20.15 and a beta of 0.97. The firm’s 50-day moving average is $219.19 and its 200 day moving average is $233.61. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.93 and a current ratio of 0.97.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings data on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.25. Broadridge Financial Solutions had a net margin of 14.86% and a return on equity of 40.70%. The company had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same period last year, the firm posted $1.56 EPS. Broadridge Financial Solutions’s revenue for the quarter was up 7.9% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. As a group, research analysts anticipate that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current 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 paid 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 yield of 2.1%. Broadridge Financial Solutions’s dividend payout ratio is currently 43.19%.

Institutional Trading of Broadridge Financial Solutions

Hedge funds have recently added to or reduced their stakes in the stock. Alliancebernstein L.P. raised its stake in shares of Broadridge Financial Solutions by 692.3% during the third quarter. Alliancebernstein L.P. now owns 3,690,705 shares of the business services provider’s stock worth $879,015,000 after purchasing an additional 3,224,891 shares during the last quarter. Van ECK Associates Corp increased its stake in Broadridge Financial Solutions by 3,228.4% in the 3rd quarter. Van ECK Associates Corp now owns 700,536 shares of the business services provider’s stock valued at $166,846,000 after buying an additional 679,489 shares during the period. Norges Bank purchased a new position in Broadridge Financial Solutions during the 2nd quarter worth $123,812,000. Vanguard Group Inc. lifted its stake in shares of Broadridge Financial Solutions by 2.0% in the 2nd quarter. Vanguard Group Inc. now owns 15,031,420 shares of the business services provider’s stock worth $3,653,086,000 after acquiring an additional 298,273 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of 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 valued at $218,807,000 after acquiring an additional 292,801 shares in the last quarter. 90.03% of the stock is owned by institutional investors and hedge funds.

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.