Vinva Investment Management Ltd Grows Position in Broadridge Financial Solutions, Inc. $BR

Vinva Investment Management Ltd grew its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 96.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,956 shares of the business services provider’s stock after purchasing an additional 4,391 shares during the period. Vinva Investment Management Ltd’s holdings in Broadridge Financial Solutions were worth $2,128,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. First Horizon Corp acquired a new stake in Broadridge Financial Solutions during the 3rd quarter worth approximately $25,000. Guerra Advisors Inc acquired a new position in Broadridge Financial Solutions during the third quarter valued at approximately $29,000. Atlantic Union Bankshares Corp acquired a new position in Broadridge Financial Solutions during the second quarter valued at approximately $40,000. ORG Partners LLC grew its stake in Broadridge Financial Solutions by 57.4% during the third quarter. ORG Partners LLC now owns 181 shares of the business services provider’s stock worth $44,000 after buying an additional 66 shares during the period. Finally, Bank of Jackson Hole Trust grew its stake in Broadridge Financial Solutions by 50.0% during the third quarter. Bank of Jackson Hole Trust now owns 183 shares of the business services provider’s stock worth $44,000 after buying an additional 61 shares during the period. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Insider Activity

In other news, Director Robert N. Duelks sold 253 shares of Broadridge Financial Solutions stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $192.60, for a total transaction of $48,727.80. Following the sale, the director directly owned 20,815 shares of the company’s stock, valued at approximately $4,008,969. The trade was a 1.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Timothy C. Gokey purchased 5,300 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was acquired at an average price of $194.49 per share, for a total transaction of $1,030,797.00. Following the purchase, the chief executive officer owned 142,876 shares of the company’s stock, valued at approximately $27,787,953.24. This represents a 3.85% increase in their position. The SEC filing for this purchase provides additional information. 1.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on BR. UBS Group cut their target price on shares of 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. Raymond James Financial reaffirmed an “outperform” rating and set a $257.00 price target on shares of Broadridge Financial Solutions in a research report on Tuesday, February 3rd. Weiss Ratings downgraded Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 6th. Needham & Company LLC cut their price objective on Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Finally, Wall Street Zen cut Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $247.71.

Broadridge Financial Solutions Trading Down 4.1%

NYSE BR opened at $188.85 on Tuesday. The stock has a market cap of $22.05 billion, a P/E ratio of 20.91 and a beta of 0.98. The company’s fifty day simple moving average is $198.09 and its 200-day simple moving average is $221.58. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.93. Broadridge Financial Solutions, Inc. has a 52 week low of $163.71 and a 52 week high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last released its quarterly earnings results on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.25. Broadridge Financial Solutions had a net margin of 14.86% and a return on equity of 40.70%. The business had revenue of $1.71 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same period last year, the business earned $1.56 EPS. The business’s revenue was up 7.9% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. Equities research analysts predict that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Monday, March 16th will be paid a dividend of $0.975 per share. The ex-dividend date is Monday, March 16th. This represents a $3.90 annualized dividend and a dividend yield of 2.1%. Broadridge Financial Solutions’s dividend payout ratio (DPR) is currently 43.19%.

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.