Broadridge Financial Solutions, Inc. $BR Stock Holdings Lifted by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 8.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,901,022 shares of the business services provider’s stock after acquiring an additional 149,756 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 1.63% of Broadridge Financial Solutions worth $452,766,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. acquired a new stake in Broadridge Financial Solutions during the 3rd quarter valued at $1,284,000. Second Half Financial Partners LLC raised its position in Broadridge Financial Solutions by 5.1% during the third quarter. Second Half Financial Partners LLC now owns 2,104 shares of the business services provider’s stock valued at $501,000 after buying an additional 102 shares during the period. First Heartland Consultants Inc. lifted its stake in Broadridge Financial Solutions by 7.4% in the 3rd quarter. First Heartland Consultants Inc. now owns 2,511 shares of the business services provider’s stock worth $598,000 after acquiring an additional 172 shares in the last quarter. Counterpoint Mutual Funds LLC acquired a new stake in Broadridge Financial Solutions during the 3rd quarter worth about $313,000. Finally, Mufg Securities Americas Inc. boosted its position in Broadridge Financial Solutions by 21.4% during the 3rd quarter. Mufg Securities Americas Inc. now owns 3,159 shares of the business services provider’s stock worth $752,000 after acquiring an additional 556 shares during the period. Institutional investors and hedge funds own 90.03% of the company’s stock.

Broadridge Financial Solutions Stock Down 0.3%

Shares of NYSE:BR opened at $177.32 on Thursday. The company has a 50 day moving average price of $204.31 and a two-hundred day moving average price of $225.93. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market capitalization of $20.70 billion, a PE ratio of 19.64 and a beta of 0.97. Broadridge Financial Solutions, Inc. has a 52 week low of $163.71 and a 52 week high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last announced its quarterly earnings results on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the previous year, the business earned $1.56 EPS. The firm’s 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. Analysts forecast that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current year.

Insider Transactions at Broadridge Financial Solutions

In other Broadridge Financial Solutions news, Director Robert N. Duelks sold 253 shares of the business’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 transaction of $48,727.80. Following the transaction, the director 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Thomas P. Carey sold 10,214 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $229.26, for a total value of $2,341,661.64. Following the completion of the sale, the vice president directly owned 6,026 shares of the company’s stock, valued at approximately $1,381,520.76. The trade was a 62.89% decrease in their position. The SEC filing for this sale provides additional information. 1.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on BR shares. JPMorgan Chase & Co. reduced their price target on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a research report on Wednesday, February 4th. Morgan Stanley dropped 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 research note on Wednesday, November 5th. UBS Group cut their target price on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating for the company in a research report on Thursday, November 13th. Needham & Company LLC lowered their price target on shares of Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Finally, Raymond James Financial reaffirmed 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 issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $247.71.

About Broadridge Financial Solutions

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.