Broadridge Financial Solutions, Inc. $BR Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC decreased its stake in Broadridge Financial Solutions, Inc. (NYSE:BR) by 7.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,776 shares of the business services provider’s stock after selling 3,586 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Broadridge Financial Solutions were worth $9,323,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Barclays PLC grew its position in shares of Broadridge Financial Solutions by 0.7% in the third quarter. Barclays PLC now owns 1,972,799 shares of the business services provider’s stock valued at $469,862,000 after purchasing an additional 14,631 shares during the period. JPMorgan Chase & Co. grew its position 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 purchasing an additional 292,801 shares during the period. Nordea Investment Management AB boosted its position in Broadridge Financial Solutions by 27.3% during the fourth quarter. Nordea Investment Management AB now owns 290,717 shares of the business services provider’s stock worth $65,260,000 after acquiring an additional 62,273 shares during the last quarter. Caprock Group LLC acquired a new position in Broadridge Financial Solutions during the third quarter worth about $1,866,000. Finally, ICICI Prudential Asset Management Co Ltd acquired a new position in Broadridge Financial Solutions during the third quarter worth about $3,203,000. Institutional investors and hedge funds own 90.03% of the company’s stock.

Wall Street Analysts Forecast Growth

BR has been the topic of a number of recent research reports. Weiss Ratings lowered shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Royal Bank Of Canada lowered their price target 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, May 1st. UBS Group lowered their price target on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. DA Davidson lowered their price target on shares of Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating on the stock in a research report on Tuesday, May 5th. Finally, Needham & Company LLC lowered their price target on shares of Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $221.57.

Insiders Place Their Bets

In other Broadridge Financial Solutions news, insider Hope M. Jarkowski sold 1,966 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $155.00, for a total value of $304,730.00. Following the transaction, the insider directly owned 1 shares in the company, valued at $155. The trade was a 99.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.10% of the stock is owned by insiders.

Broadridge Financial Solutions Stock Performance

NYSE:BR opened at $146.36 on Thursday. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a market capitalization of $16.93 billion, a price-to-earnings ratio of 15.67 and a beta of 0.88. The company’s 50-day moving average is $154.27 and its two-hundred day moving average is $185.66. Broadridge Financial Solutions, Inc. has a 1-year low of $139.79 and a 1-year high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last posted its earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.09. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.90 billion. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. Broadridge Financial Solutions’s revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the business posted $2.44 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. Analysts forecast that Broadridge Financial Solutions, Inc. will post 9.55 EPS for the current year.

Broadridge Financial Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th will be issued a $0.975 dividend. This represents a $3.90 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, June 12th. Broadridge Financial Solutions’s payout ratio is presently 41.76%.

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.