Kepler Cheuvreux Suisse SA Cuts Position in Broadridge Financial Solutions, Inc. $BR

Kepler Cheuvreux Suisse SA lessened its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 40.6% during the first quarter, Holdings Channel reports. The fund owned 7,913 shares of the business services provider’s stock after selling 5,411 shares during the period. Kepler Cheuvreux Suisse SA’s holdings in Broadridge Financial Solutions were worth $1,286,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Reflection Asset Management bought a new position in shares of Broadridge Financial Solutions during the 4th quarter valued at $25,000. Nemes Rush Group LLC purchased a new position in Broadridge Financial Solutions during the 4th quarter valued at about $27,000. Prosperity Bancshares Inc purchased a new position in shares of Broadridge Financial Solutions during the fourth quarter valued at approximately $28,000. WPG Advisers LLC increased its position in Broadridge Financial Solutions by 77.5% during the 4th quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 62 shares during the period. Finally, Evolution Wealth Management Inc. purchased a new position in shares of Broadridge Financial Solutions during the first quarter valued at about $36,000. 90.03% of the stock is currently owned by institutional investors.

Insider Activity

In other news, insider Hope M. Jarkowski sold 1,966 shares of the stock in a transaction on 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 sale, the insider directly owned 1 shares of the company’s stock, valued at $155. This represents a 99.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.10% of the stock is currently owned by company insiders.

Broadridge Financial Solutions Stock Down 0.1%

BR stock opened at $143.88 on Friday. The business’s 50-day moving average price is $147.53 and its 200-day moving average price is $175.44. The stock has a market cap of $16.64 billion, a P/E ratio of 15.40 and a beta of 0.89. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97. Broadridge Financial Solutions, Inc. has a twelve month low of $133.83 and a twelve month high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last released its earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.90 billion. During the same period in the prior year, the firm posted $2.44 EPS. The firm’s quarterly revenue 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. On average, equities research 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 declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th were given a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Friday, June 12th. Broadridge Financial Solutions’s dividend payout ratio is presently 41.76%.

Wall Street Analyst Weigh In

BR has been the subject of a number of research reports. Needham & Company LLC decreased their price objective on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a report on Friday, May 1st. UBS Group reduced their price target on shares of 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. Weiss Ratings lowered 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 reiterated an “outperform” rating and set a $200.00 target price on shares of Broadridge Financial Solutions in a research note on Monday, June 22nd. Finally, DA Davidson reduced their price target on shares of 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 equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $221.57.

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.