Broadridge Financial Solutions (BR) – Investment Analysts’ Recent Ratings Updates

Broadridge Financial Solutions (NYSE: BR) recently received a number of ratings updates from brokerages and research firms:

• 2/3/2025 – Broadridge Financial Solutions had its price target raised by analysts at Royal Bank of Canada from $246.00 to $259.00. They now have an “outperform” rating on the stock.
• 2/3/2025 – Broadridge Financial Solutions had its price target raised by analysts at JPMorgan Chase & Co. from $231.00 to $249.00. They now have a “neutral” rating on the stock.
• 2/3/2025 – Broadridge Financial Solutions had its price target raised by analysts at UBS Group AG from $250.00 to $260.00. They now have a “neutral” rating on the stock.
• 2/3/2025 – Broadridge Financial Solutions had its price target raised by analysts at Morgan Stanley from $207.00 to $222.00. They now have an “equal weight” rating on the stock.
• 1/21/2025 – Broadridge Financial Solutions had its “neutral” rating reaffirmed by analysts at DA Davidson. They now have a $215.00 price target on the stock.
• 12/12/2024 – Broadridge Financial Solutions had its “peer perform” rating reaffirmed by analysts at Wolfe Research.
• 12/10/2024 – Broadridge Financial Solutions had its price target raised by analysts at DA Davidson from $210.00 to $215.00. They now have a “neutral” rating on the stock.

Broadridge Financial Solutions Stock Performance

Broadridge Financial Solutions stock traded up $2.16 during trading hours on Tuesday, hitting $240.81. The stock had a trading volume of 563,587 shares, compared to its average volume of 498,171. Broadridge Financial Solutions, Inc. has a fifty-two week low of $188.30 and a fifty-two week high of $242.03. The company has a quick ratio of 1.39, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. The company has a 50-day moving average of $231.37 and a two-hundred day moving average of $220.56. The company has a market cap of $28.15 billion, a PE ratio of 37.68 and a beta of 1.08.

Broadridge Financial Solutions (NYSE:BR) last issued its earnings results on Friday, January 31st. The business services provider reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.24. Broadridge Financial Solutions had a return on equity of 44.40% and a net margin of 11.36%. During the same period in the previous year, the firm posted $0.92 earnings per share. On average, equities research analysts anticipate that Broadridge Financial Solutions, Inc. will post 8.55 EPS for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 13th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.46%. Broadridge Financial Solutions’s payout ratio is presently 55.09%.

Insider Transactions at Broadridge Financial Solutions

In related news, VP Thomas P. Carey sold 10,757 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $226.82, for a total value of $2,439,902.74. Following the completion of the sale, the vice president now owns 12,689 shares of the company’s stock, valued at $2,878,118.98. This trade represents a 45.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Douglas Richard Deschutter sold 24,185 shares of the company’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $220.21, for a total value of $5,325,778.85. Following the transaction, the insider now directly owns 27,137 shares in the company, valued at approximately $5,975,838.77. This represents a 47.12 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 54,532 shares of company stock valued at $12,264,846. Corporate insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Qsemble Capital Management LP acquired a new position in Broadridge Financial Solutions during the 3rd quarter worth $1,412,000. Atria Investments Inc lifted its holdings in Broadridge Financial Solutions by 9.7% during the 3rd quarter. Atria Investments Inc now owns 29,638 shares of the business services provider’s stock worth $6,373,000 after buying an additional 2,610 shares in the last quarter. Horizon Kinetics Asset Management LLC acquired a new position in Broadridge Financial Solutions during the 3rd quarter worth $483,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Broadridge Financial Solutions by 53.5% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 10,768 shares of the business services provider’s stock worth $2,434,000 after buying an additional 3,753 shares in the last quarter. Finally, Miracle Mile Advisors LLC lifted its holdings in Broadridge Financial Solutions by 98.0% during the 4th quarter. Miracle Mile Advisors LLC now owns 2,433 shares of the business services provider’s stock worth $550,000 after buying an additional 1,204 shares in the last quarter. Institutional investors and hedge funds own 90.03% of the company’s stock.

Broadridge Financial Solutions, Inc provides investor communications and technology-driven solutions for the financial services industry. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions.