Broadridge Financial Solutions, Inc. $BR Shares Sold by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lowered its stake in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,865,995 shares of the business services provider’s stock after selling 35,027 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 1.60% of Broadridge Financial Solutions worth $411,396,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. AssuredPartners Investment Advisors LLC acquired a new position in shares of Broadridge Financial Solutions during the 4th quarter valued at about $306,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Broadridge Financial Solutions by 1.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 20,139 shares of the business services provider’s stock worth $4,494,000 after purchasing an additional 370 shares during the last quarter. Alpha Cubed Investments LLC acquired a new stake in Broadridge Financial Solutions during the fourth quarter worth about $300,000. Nordwand Advisors LLC raised its stake in Broadridge Financial Solutions by 0.7% during the fourth quarter. Nordwand Advisors LLC now owns 17,535 shares of the business services provider’s stock worth $3,913,000 after purchasing an additional 115 shares during the period. Finally, QRG Capital Management Inc. raised its stake in Broadridge Financial Solutions by 127.7% during the fourth quarter. QRG Capital Management Inc. now owns 12,497 shares of the business services provider’s stock worth $2,789,000 after purchasing an additional 7,009 shares during the period. 90.03% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Broadridge Financial Solutions news, CEO Timothy C. Gokey acquired 5,300 shares of the business’s stock in a transaction on Friday, March 6th. The stock was purchased at an average price of $194.49 per share, for a total transaction of $1,030,797.00. Following the completion of the transaction, the chief executive officer owned 142,876 shares of the company’s stock, valued at $27,787,953.24. The trade was a 3.85% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert N. Duelks sold 253 shares of the business’s stock in a transaction on 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 owned 20,815 shares in the company, valued at $4,008,969. The trade was a 1.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on BR shares. Raymond James Financial reissued an “outperform” rating and issued a $257.00 price target on shares of Broadridge Financial Solutions in a research note on Tuesday, February 3rd. DA Davidson reduced their price target on shares of Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating on the stock in a research report on Tuesday. Wall Street Zen lowered Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Royal Bank Of Canada reduced their target price on Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Finally, UBS Group decreased their price target on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a research note on Monday. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Broadridge Financial Solutions currently has an average rating of “Moderate Buy” and an average price target of $221.57.

Broadridge Financial Solutions Stock Performance

NYSE:BR opened at $152.14 on Wednesday. The firm has a market capitalization of $17.60 billion, a PE ratio of 16.29 and a beta of 0.89. Broadridge Financial Solutions, Inc. has a 12 month low of $149.05 and a 12 month high of $271.91. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.94 and a quick ratio of 0.94. The business’s fifty day moving average price is $168.72 and its 200 day moving average price is $199.47.

Broadridge Financial Solutions (NYSE:BR) last announced its earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.09. Broadridge Financial Solutions had a return on equity of 40.14% and a net margin of 15.03%.The company had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same period last year, the business posted $2.44 EPS. The company’s revenue was up 7.8% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. On average, sell-side analysts anticipate that Broadridge Financial Solutions, Inc. will post 9.51 earnings per share for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Monday, March 16th were paid a $0.975 dividend. The ex-dividend date was Monday, March 16th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.6%. Broadridge Financial Solutions’s payout ratio is 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.