Rakuten Investment Management Inc. Acquires New Position in Broadridge Financial Solutions, Inc. $BR

Rakuten Investment Management Inc. bought a new position in Broadridge Financial Solutions, Inc. (NYSE:BR) in the 3rd quarter, HoldingsChannel.com reports. The fund bought 174,812 shares of the business services provider’s stock, valued at approximately $41,635,000.

Several other large investors have also recently made changes to their positions in the business. Clarus Group Inc. boosted its stake in shares of Broadridge Financial Solutions by 1.5% in the 2nd quarter. Clarus Group Inc. now owns 2,951 shares of the business services provider’s stock valued at $717,000 after purchasing an additional 44 shares in the last quarter. CX Institutional lifted its stake in Broadridge Financial Solutions by 2.8% in the third quarter. CX Institutional now owns 1,633 shares of the business services provider’s stock worth $389,000 after purchasing an additional 44 shares during the last quarter. Harbour Investments Inc. boosted its position in Broadridge Financial Solutions by 10.1% during the second quarter. Harbour Investments Inc. now owns 489 shares of the business services provider’s stock valued at $119,000 after buying an additional 45 shares during the period. Signaturefd LLC boosted its position in Broadridge Financial Solutions by 2.2% during the third quarter. Signaturefd LLC now owns 2,090 shares of the business services provider’s stock valued at $498,000 after buying an additional 45 shares during the period. Finally, Strategic Blueprint LLC grew its stake in shares of Broadridge Financial Solutions by 5.6% during the third quarter. Strategic Blueprint LLC now owns 880 shares of the business services provider’s stock valued at $210,000 after buying an additional 47 shares during the last quarter. 90.03% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Broadridge Financial Solutions in a research note on Monday, December 29th. UBS Group decreased their price target on Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a research note on Thursday, November 13th. DA Davidson reiterated a “neutral” rating and issued a $240.00 price objective on shares of Broadridge Financial Solutions in a research report on Tuesday, October 28th. Wall Street Zen upgraded shares of Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Morgan Stanley dropped their price target on shares of Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Broadridge Financial Solutions has an average rating of “Hold” and a consensus target price of $259.83.

Broadridge Financial Solutions Stock Performance

Shares of BR stock opened at $209.15 on Wednesday. The firm has a market capitalization of $24.41 billion, a price-to-earnings ratio of 26.78 and a beta of 0.99. The stock has a fifty day moving average of $225.44 and a 200 day moving average of $236.66. Broadridge Financial Solutions, Inc. has a 52 week low of $208.67 and a 52 week high of $271.91. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.06.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings data on Tuesday, November 4th. The business services provider reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.32. Broadridge Financial Solutions had a net margin of 13.11% and a return on equity of 43.28%. The business had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.54 billion. Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. As a group, research analysts expect that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current year.

Broadridge Financial Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 5th. Investors of record on Friday, December 12th were paid a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Friday, December 12th. Broadridge Financial Solutions’s dividend payout ratio is presently 49.94%.

Insider Activity

In related news, VP Thomas P. Carey sold 10,214 shares of Broadridge Financial Solutions stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $229.26, for a total transaction of $2,341,661.64. Following the sale, the vice president directly owned 6,026 shares in the company, valued at $1,381,520.76. The trade was a 62.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President Christopher John Perry sold 3,984 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $226.00, for a total value of $900,384.00. Following the completion of the transaction, the president owned 44,829 shares of the company’s stock, valued at approximately $10,131,354. This trade represents a 8.16% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.10% of the company’s stock.

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.