Broadridge Financial Solutions Inc. (NYSE:BR) hit a new 52-week high on Friday . The stock traded as high as $66.56 and last traded at $66.44, with a volume of 237,620 shares. The stock had previously closed at $65.69.

Several equities research analysts have weighed in on the company. Barclays PLC downgraded Broadridge Financial Solutions from an “overweight” rating to an “equal weight” rating and set a $67.00 price target for the company. in a report on Thursday. Zacks Investment Research downgraded Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Wednesday. Avondale Partners downgraded Broadridge Financial Solutions from an “outperform” rating to a “market perform” rating and set a $65.00 price target for the company. in a report on Wednesday, June 15th. Finally, Raymond James Financial Inc. cut Broadridge Financial Solutions from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 7th. They noted that the move was a valuation call. Five investment analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and a consensus target price of $66.00.

The stock has a 50-day moving average of $64.25 and a 200 day moving average of $58.41. The stock has a market capitalization of $7.88 billion and a PE ratio of 26.69.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings data on Thursday, May 5th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.07. During the same quarter in the prior year, the firm posted $0.47 EPS. The firm earned $689 million during the quarter, compared to analysts’ expectations of $688.12 million. Broadridge Financial Solutions’s quarterly revenue was up 8.6% compared to the same quarter last year. On average, equities analysts anticipate that Broadridge Financial Solutions Inc. will post $2.73 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 1st. Investors of record on Friday, June 17th were issued a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, June 15th. This represents a $1.20 annualized dividend and a dividend yield of 1.80%.

A number of large investors recently modified their holdings of the company. Trexquant Investment LP increased its stake in shares of Broadridge Financial Solutions by 216.8% in the fourth quarter. Trexquant Investment LP now owns 32,000 shares of the company’s stock valued at $1,719,000 after buying an additional 21,900 shares during the period. WBI Investments Inc. bought a new stake in shares of Broadridge Financial Solutions during the fourth quarter valued at $11,289,000. US Bancorp DE increased its stake in shares of Broadridge Financial Solutions by 8.0% in the fourth quarter. US Bancorp DE now owns 47,876 shares of the company’s stock valued at $2,573,000 after buying an additional 3,529 shares during the period. Suntrust Banks Inc. increased its stake in shares of Broadridge Financial Solutions by 267.4% in the fourth quarter. Suntrust Banks Inc. now owns 42,177 shares of the company’s stock valued at $2,265,000 after buying an additional 30,698 shares during the period. Finally, Hartline Investment Corp increased its stake in shares of Broadridge Financial Solutions by 3.3% in the fourth quarter. Hartline Investment Corp now owns 97,153 shares of the company’s stock valued at $5,220,000 after buying an additional 3,080 shares during the period.

Broadridge Financial Solutions, Inc (Broadridge) is a provider of investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporate issuers. The Company delivers a range of solutions that help its clients serve their retail and institutional customers across the entire investment lifecycle, including pre-trade, trade and post-trade processing.

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