Motley Fool Wealth Management LLC Sells 10,125 Shares of Broadridge Financial Solutions, Inc. $BR

Motley Fool Wealth Management LLC trimmed its position in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 14.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,623 shares of the business services provider’s stock after selling 10,125 shares during the quarter. Broadridge Financial Solutions accounts for approximately 1.0% of Motley Fool Wealth Management LLC’s holdings, making the stock its 28th largest position. Motley Fool Wealth Management LLC’s holdings in Broadridge Financial Solutions were worth $13,306,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of BR. Nemes Rush Group LLC bought a new position in Broadridge Financial Solutions in the 4th quarter worth $27,000. WPG Advisers LLC raised its holdings in Broadridge Financial Solutions by 77.5% in the 4th quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock worth $32,000 after purchasing an additional 62 shares during the period. Lodestone Wealth Management LLC bought a new position in Broadridge Financial Solutions in the 4th quarter worth $39,000. Fulcrum Asset Management LLP bought a new position in Broadridge Financial Solutions in the 3rd quarter worth $47,000. Finally, Osterweis Capital Management Inc. bought a new position in Broadridge Financial Solutions in the 2nd quarter worth $48,000. 90.03% of the stock is owned by institutional investors.

Broadridge Financial Solutions Stock Up 0.7%

Shares of NYSE:BR opened at $150.06 on Wednesday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.97. Broadridge Financial Solutions, Inc. has a 12 month low of $139.79 and a 12 month high of $271.91. The company has a 50-day moving average price of $154.61 and a 200 day moving average price of $186.23. The company has a market cap of $17.36 billion, a price-to-earnings ratio of 16.07 and a beta of 0.88.

Broadridge Financial Solutions (NYSE:BR) last announced its quarterly earnings results on Thursday, April 30th. The business services provider reported $2.72 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter last year, the firm earned $2.44 EPS. The firm’s revenue for the quarter 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 predict that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current year.

Broadridge Financial Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 12th will be issued a $0.975 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.6%. Broadridge Financial Solutions’s dividend payout ratio (DPR) is presently 41.76%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Royal Bank Of Canada decreased their target price on Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. Needham & Company LLC decreased their target price on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Weiss Ratings lowered Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. UBS Group cut their price objective on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Finally, DA Davidson cut their price objective on Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating for the company in a research report on Tuesday, May 5th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $221.57.

Insider Activity at Broadridge Financial Solutions

In related news, insider Hope M. Jarkowski sold 1,966 shares of the 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 completion of the transaction, the insider owned 1 shares of the company’s stock, valued at approximately $155. This trade represents a 99.95% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.