SG Americas Securities LLC Has $45.03 Million Stake in Broadridge Financial Solutions, Inc. $BR

SG Americas Securities LLC lifted its stake in Broadridge Financial Solutions, Inc. (NYSE:BR) by 467.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 201,791 shares of the business services provider’s stock after purchasing an additional 166,212 shares during the quarter. SG Americas Securities LLC owned 0.17% of Broadridge Financial Solutions worth $45,034,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in Broadridge Financial Solutions by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 15,296,040 shares of the business services provider’s stock valued at $3,643,058,000 after buying an additional 264,620 shares during the period. State Street Corp boosted its stake in shares of Broadridge Financial Solutions by 0.6% during the 2nd quarter. State Street Corp now owns 5,642,154 shares of the business services provider’s stock valued at $1,376,006,000 after buying an additional 35,061 shares during the period. Alliancebernstein L.P. grew its holdings in shares of Broadridge Financial Solutions by 692.3% during the 3rd quarter. Alliancebernstein L.P. now owns 3,690,705 shares of the business services provider’s stock valued at $879,015,000 after acquiring an additional 3,224,891 shares in the last quarter. Barclays PLC grew its holdings in shares of Broadridge Financial Solutions by 0.7% during the 3rd quarter. Barclays PLC now owns 1,972,799 shares of the business services provider’s stock valued at $469,862,000 after acquiring an additional 14,631 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Broadridge Financial Solutions by 8.6% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,901,022 shares of the business services provider’s stock worth $452,766,000 after acquiring an additional 149,756 shares during the last quarter. 90.03% of the stock is currently owned by institutional investors and hedge funds.

Broadridge Financial Solutions Stock Down 3.6%

BR stock opened at $164.63 on Wednesday. The firm has a market cap of $19.22 billion, a PE ratio of 18.23 and a beta of 0.98. Broadridge Financial Solutions, Inc. has a 1 year low of $159.06 and a 1 year high of $271.91. The company has a fifty day simple moving average of $187.98 and a 200 day simple moving average of $215.48. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.93.

Broadridge Financial Solutions (NYSE:BR) last posted its earnings results on Tuesday, February 3rd. The business services provider reported $1.59 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 firm had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the prior year, the business posted $1.56 earnings per share. The business’s quarterly revenue 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. Sell-side analysts anticipate that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Monday, March 16th will be paid a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, March 16th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is presently 43.19%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BR. Needham & Company LLC cut their price objective on Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. DA Davidson reaffirmed a “buy” rating and issued a $228.00 target price on shares of Broadridge Financial Solutions in a research report on Tuesday, February 10th. JPMorgan Chase & Co. cut their price target on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a research note on Wednesday, February 4th. Weiss Ratings lowered Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 6th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $257.00 price target on shares of Broadridge Financial Solutions in a research note on Tuesday, February 3rd. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Broadridge Financial Solutions presently has an average rating of “Moderate Buy” and an average price target of $247.71.

Insider Activity at Broadridge Financial Solutions

In related news, CEO Timothy C. Gokey bought 5,300 shares of Broadridge Financial Solutions stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average cost of $194.49 per share, for a total transaction of $1,030,797.00. Following the acquisition, the chief executive officer owned 142,876 shares in the company, valued at $27,787,953.24. This trade represents a 3.85% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Robert N. Duelks sold 253 shares of the company’s stock in a transaction that occurred 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 of the company’s stock, valued at $4,008,969. The trade was a 1.20% decrease in their position. The SEC filing for this sale provides additional information. 1.10% of the stock is currently owned by insiders.

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.