15,157 Shares in Broadridge Financial Solutions, Inc. $BR Acquired by Cvfg LLC

Cvfg LLC bought a new stake in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) in the first quarter, Holdings Channel.com reports. The institutional investor bought 15,157 shares of the business services provider’s stock, valued at approximately $2,463,000.

Several other institutional investors also recently bought and sold shares of the company. Reflection Asset Management acquired a new position in shares of Broadridge Financial Solutions during the fourth quarter worth $25,000. Nemes Rush Group LLC acquired a new stake in shares of Broadridge Financial Solutions in the 4th quarter worth $27,000. Prosperity Bancshares Inc purchased a new position in Broadridge Financial Solutions during the 4th quarter worth $28,000. WPG Advisers LLC grew its stake 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 worth $32,000 after buying an additional 62 shares during the last quarter. Finally, Evolution Wealth Management Inc. acquired a new position in Broadridge Financial Solutions during the 1st quarter valued at about $36,000. 90.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BR has been the subject of a number of research analyst reports. Needham & Company LLC decreased their price target on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, May 1st. DA Davidson dropped their price target on Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating on the stock in a research note on Tuesday, May 5th. Weiss Ratings downgraded shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. UBS Group decreased their price objective 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. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $200.00 target price on shares of Broadridge Financial Solutions in a research report on Monday, June 22nd. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Broadridge Financial Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $221.57.

Insider Buying and Selling at Broadridge Financial Solutions

In related news, insider Hope M. Jarkowski sold 1,966 shares of the business’s 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 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 at the SEC website. 1.10% of the stock is currently owned by company insiders.

Broadridge Financial Solutions Stock Performance

Shares of BR stock opened at $148.55 on Wednesday. The stock has a market cap of $17.18 billion, a PE ratio of 15.90 and a beta of 0.89. The business has a 50-day simple moving average of $147.18 and a 200-day simple moving average of $173.92. 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 52-week low of $133.83 and a 52-week 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 EPS for the quarter, topping the consensus estimate of $2.63 by $0.09. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.90 billion. Broadridge Financial Solutions had a return on equity of 40.14% and a net margin of 15.03%.Broadridge Financial Solutions’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period last year, the company earned $2.44 earnings per share. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. On average, equities analysts expect that Broadridge Financial Solutions, Inc. will post 9.55 EPS for the current year.

Broadridge Financial Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 12th were paid a dividend of $0.975 per share. The ex-dividend date of this dividend was 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%.

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.