UBS Group Cuts Broadridge Financial Solutions (NYSE:BR) Price Target to $165.00

Broadridge Financial Solutions (NYSE:BR) had its price target reduced by investment analysts at UBS Group from $250.00 to $165.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has a “neutral” rating on the business services provider’s stock. UBS Group’s price objective points to a potential upside of 7.24% from the stock’s current price.

A number of other equities research analysts have also issued reports on the stock. Raymond James Financial reissued an “outperform” rating and issued a $257.00 price objective on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. Weiss Ratings lowered shares of Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 6th. Royal Bank Of Canada lowered their price objective on shares of Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating on the stock in a research report on Friday. DA Davidson reissued a “buy” rating and issued a $228.00 target price on shares of Broadridge Financial Solutions in a report on Wednesday, April 22nd. 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 for the company in a research note on Friday. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $223.57.

Broadridge Financial Solutions Trading Down 0.9%

BR traded down $1.38 on Monday, reaching $153.87. 1,402,219 shares of the company traded hands, compared to its average volume of 1,420,658. 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 $17.96 billion, a P/E ratio of 16.46 and a beta of 0.89. The firm has a fifty day simple moving average of $169.22 and a two-hundred day simple moving average of $200.03. Broadridge Financial Solutions has a one year low of $149.05 and a one year high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings data on Thursday, April 30th. The business services provider reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter in the previous year, the firm earned $2.44 EPS. The company’s quarterly 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. As a group, equities research analysts expect that Broadridge Financial Solutions will post 9.52 earnings per share for the current year.

Insider Transactions at Broadridge Financial Solutions

In other Broadridge Financial Solutions news, CEO Timothy C. Gokey acquired 5,300 shares of the business’s stock in a transaction on Friday, March 6th. The stock was purchased at an average price of $194.49 per share, for a total transaction of $1,030,797.00. Following the transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert N. Duelks sold 253 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $192.60, for a total value of $48,727.80. Following the transaction, the director directly owned 20,815 shares in the company, valued at $4,008,969. This trade represents a 1.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. First Horizon Corp acquired a new stake in Broadridge Financial Solutions during the 3rd quarter worth approximately $25,000. Reflection Asset Management bought a new stake in shares of Broadridge Financial Solutions during the 4th quarter valued at about $25,000. Nemes Rush Group LLC acquired a new position in Broadridge Financial Solutions during the 4th quarter worth approximately $27,000. Prosperity Bancshares Inc purchased a new stake in shares of Broadridge Financial Solutions in the fourth quarter worth approximately $28,000. Finally, Guerra Advisors Inc purchased a new stake in shares of Broadridge Financial Solutions during the third quarter valued at approximately $29,000. 90.03% of the stock is currently owned by institutional investors.

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.